In most cases, when a company fires one of its employees – from the mail room to the board room – that's pretty much the end of it. But not at Morgan.

Last week we reported on the Morgan Motor Company firing its chief executive Charles Morgan, grandson of the company's founder. Charles had been sidelined to more of an ambassadorial role, but the company apparently wasn't happy with his performance in that capacity either, and announced that Charles was being ejected both from the management and board of the company that bears his family's name.

But Charles Morgan is fighting back. He's apparently garnered the support of many of the employees he used to direct, and is reportedly taking the company to court later this week.

The Morgan Motor Company insists that the decision was taken with the support of its shareholders, who are all members of the Morgan family. It's unfortunate to see what is looking increasingly like a family feud being played out in the press and the courtroom, but one way or another, we hope the various Morgan parties will find a way to reconcile soon. In the meantime you can read Charles Morgan's statement, issued on his personal blog, below.
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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


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    • 1 Second Ago
  • 8 Comments
      xspeedy
      • 1 Year Ago
      If you want to maintain control, you need to say no to investors. This story is all too common.
      ckm
      • 1 Year Ago
      I'm not sure I understand why you'd fire an executive who's financial results are very, very good, much better than previous management. There must be much more to this story than is being said, probably to do with money. My guess is that A. he paid himself well, perhaps too well for the family at large, B. The family at large felt like they were not getting enough of a cut of the business. And possibly C. there is a 3rd party offering a LOT of money for Morgan and Charles Morgan would not sell because it was his heritage....
        Go-Gods
        • 1 Year Ago
        @ckm
        Id wager a bet that it's C. The family wants the company to expand to make more money. When AB broke the story the picture was of Charles Morgan racing. I believe when you competitively and succesfully race a car, you appreciate even more the design and dynamics offered. It becomes a universal bond shared with other enthusiasts on a deeper level. A level where its not about numers (top speed,HP,TQ,millisecond shifts etc.) Its a level where those same enthusiasts dont mind waiting years for their 6 figure car. I was lucky enough to see a Morgan Aero 8 coming off a trailer at the dealership I work. It was freaking gorgeous!! It's low, wide, swoopy, unreal and it overshadowed the Bentleys, Ferraris, Porsches parked behind it. And this was at night! The champagne paint was drinking in as much light as it could, reflecting it back and attracting us like moths. Every camera/ phone was out! Why? If they only make "x" number of cars and they cost as much as a lamborghini, how likely is it that you'll see another one live in the flesh? The owner's not there (1000+ miles away in Florida).Its not at a car show or gas station. Its there for YOU saying please stare - Enjoy what passionate people can create with their hands.
      Ducman69
      • 1 Year Ago
      Life must be a difficult for the 1%. Best of luck in these trying times.
      TorqueAbout
      • 1 Year Ago
      Great support for the #BringBackCharles campaign so far, both in the UK and Internationally. To show your support, go to http://torqueabout.com/morgan-motor-company-view/. Our on-line petition has had some great feedback and engagement, keep it up.
      ian holden
      • 1 Year Ago
      ....clearly remember the Harvey-Jones contribution and applauded loudly when his wisdom was rejected. The Morgan clan could prove to be a fickle bunch. Growth,Expansion is not necessarily the be-all with a company this special and rare .I toured the factory last November....it is unique.Good luck Charles...can't believe they took your car !! Presume it is easy to prove you are not a bastard !