The successful rise of the Morgan Motor Company over the past few years has been nothing but remarkable in the face of the worldwide economic downturn. A success that was pioneered by the likes of Peter Morgan, who helmed the company until his death in October of 2003, and continued by his son Charles since that time.
Unfortunately, as of today Charles Morgan, the former managing director of the car company bearing his family’s name, has been removed from his post in a sweeping decision brought by board members and shareholders. According to AutoCar, Morgan will be replaced by former operations director Steve Morris.
Morgan released the following statement regarding the shift in management, “Charles Morgan will concentrate on his vital role as the face of Morgan internationally, promoting the brand and selling the company’s products worldwide.”
At this point, all sources point to a amicable transition not marred by interompany politics or agendas. The shareholders and board remain satisfied with the work Charles Morgan did in reinvigorating the storied brand.
Charles Morgan will now focus on expanding the Morgan brand internationally. We wish Charles all the best in the future.