The press releases on this seem to be a little confusing with autocar describing it as "stepping down". Like most of us over years of Morgan ownership I've got to know Steve and I doubt he's chosen to leave / retire or whatever its being dressed up as. I haven't spoken to Steve for a month or so, but I guess it'll be impposible now to find out what has happened.
Diito. Classic VC behavior. If he resigned he will be a bad leaver and it will have cost him. My guess is he didn't agree where the company is headed. The end of an era
I suspect that this is more the case given as this would be a good time to bury bad news, especially if you think nobody is interested.
It'll be interresting to see who acts as the face of the company now, will Lawrence after years of not doing a great deal on the customer front suddenly start attending events trying to spin it as still a family business or will they stop engaging with existing customers as they strive for bigger and better things. The only member of the family who I see is active on the Morgan front is Craig Hamilton Smith who I race with in the challenge series, I'll have to ask him when I see him next if he was offered the job.
Now that the factory has pulled away from directly entering cars in the challenge series the next step I'd guess will be to withdraw of its sponsorship of the series and then sudden apprearance of Morgan at F1 to appeal to a 'new' customer base.
Its a sad day for Morgan and its customers not only have they lost one of the best advocates and sales people for the business but as customers we are going to miss a key point of contact. Steve would always be the one that we would go to as TM admins to try and help those having difficulties.