RE: Comment: Twitter supports Charles Morgan

[Guest]

Charles Morgan has now issued a statement about him being shown the door from his family firm

[Guest]

It reads:

‘As has been widely reported, I have been asked to leave the Morgan Motor Company by the board. It is a sad decision that I am appealing; I remain a major shareholder in Morgan.

‘I’m proud to say I leave with the company’s annual production volumes double what they were at the start of my tenure, with new export markets such as China opened to the company. Morgan remains a small but successful family firm.

‘I’d like to be clear that I am not a tycoon but a family man – I inherited a company not wealth – and unexpectedly leaving its employment will be a hardship for myself and my family. Being asked to leave the company that bears my name is also extremely personally distressing. That is made more painful as today marks 10 years since my father, Peter Morgan, died and I feel him in spirit with me in this dispute.

‘However my primary concern is completely for the company I have spent 30 years helping to build, and specifically for Morgan’s employees, who I hold in the highest regard. I want nothing but success for Morgan Motor Company in the future and remain committed to this goal.

‘I am very grateful for the expressions of support received on twitter and elsewhere, particularly from the employees of Morgan.

‘I will be making no further statements for the time being.’

[jimreidvehicle 255]

We are not party to why the decsion has been made from the rest of the board of Morgan Motor Group, and there must be an underliying reason why they have come to this decison however it will be a loss to the 'Morgan' brand because Charles Morgan has always been seen to being the 'Family' member that runs the organisation, now that he has been 'ousted' from his position in such a public & non agreeable manner it does call in to question their professionalism.

it's always very sad to see the end to any family business

[James Baggott 227]

Agree Jim. Not sure we'll ever know why the decision was made, but it's a very sad situation. But you know what they say about business with family and friends...