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Wales
by Joske Vermeule, September 1
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Joined: Feb 2013
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Learner Plates Off!
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OP
Learner Plates Off!
Joined: Feb 2013
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Can anyone confirm the rumour that Charles Morgan has been removed from the board of directors of The Morgan Motor Company as of 10.00 last night ?
Owen "bilibib" 1982 4/4 Twin Cam, Royal Ivory 1932 Super Sports, Duo tone(two tone)Green
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Joined: Jul 2007
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Salty Sea Dog Member of the Inner Circle
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Salty Sea Dog Member of the Inner Circle
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Two threads in "The Malvern Arms" related to this... Not that there is much detail in the factory announcement... 
Graham (G4FUJ)
Sold L44FOR 4/4 Giallo Fly '11 MINI Countryman Cooper D All4 '90 LR 90 SW
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Just Getting Started
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Just Getting Started
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See his comments on twitter
John
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Talk Morgan Regular
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Talk Morgan Regular
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For the luddites amongst us who dont do tweetbook or other social networking - what is he tweeting? 
John
1989 911 Porsche Carrera Land Rover Series Defender 90 SW
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Part of the Furniture
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Part of the Furniture
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For the luddites amongst us who dont do tweetbook or other social networking - what is he tweeting? His tweet message states "sad strange day" and wish the people at the factory all his best. Nothing more. There must be at least 50 re-tweets with words of surprise and support. is there more to this. how is his health, or his families heath? etc.
Steve A11OGE Red 1989 4/4 4 seater
'A Morgan is for life, not just for Sundays'
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Talk Morgan Guru
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A "sad, strange day" for Charles. Also a sad, strange day for me.
The end of an era.
Bud 4/4 "Stanley"
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Talk Morgan Regular
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Morgan without a Morgan
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Just Getting Started
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4/4 sport
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Well, that is certainly the end of an era and they may come to regret losing the status of being (probably uniquely) a continuously family-owned company.
The press release is disturbingly thin, isn't it?
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Joined: May 2011
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Has a lot to Say!
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Has a lot to Say!
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Well, that is certainly the end of an era and they may come to regret losing the status of being (probably uniquely) a continuously family-owned company.
The press release is disturbingly thin, isn't it? The company is still owned by the Morgan family and Charles remains the largest individual shareholder (I doubt he has sold his shares). But, I expect in the future the company will be run on a day to day basis by the directors (who are ultimately responsible to the shareholders, Charles included). There is no change in the ownership structure at all, just the figure head.
Last edited by Quicksilver; 15/10/13 02:20 PM.
David 2020 Roadster 3.7 Dove Grey.
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