Update from Charles Morgan

October 31 2013 - 

I have been informed that Morgan has rejected my appeal and, as a result, I have been removed from Morgan Technologies

It is incredibly disappointing news. My family and I remain very grateful for the expressions of support received from Morgan fans, workers and the public since this process began.

I have been dismissed on what I believe are very contentious grounds. Over the last 12 months, it was made increasingly clear that my philosophy to modernise Morgan did not fit with the philosophy of the current management.

Morgan’s future cannot rely on its heritage alone. As such, I endeavoured to introduce our unique brand to new markets such as China; to take Morgan racing again; and to engage the passion of a new generation using social media, and by doing interesting things such as the Gumball Rally in a 3 Wheeler.

The aim was to give Morgan a bright future as an independent company.

Nonetheless, I look upon my business record with pride – volumes doubled during my tenure and profits for the first six months of the year had increased dramatically to £1.2 million.

I remain a major shareholder in the Morgan Motor Co and am concerned for its future. I will take time to consider my next actions and potentially explore other opportunities available to me.

Where possible I will respond to media enquiries, but please contact my representation in the first instance: Will Powellwill@influenceassociates.com

- Charles Morgan

@charlesmorganuk

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October 18 2013 - Statement from Charles Morgan 

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.

-  Charles Morgan
@charlesmorganuk