Charles Morgan fired from Morgan

It was rumored that Morgan's board of directors was not satisfied with Charles' performance.

Henrik Fisker is not the only automotive executive who no longer runs the company that bears his name. Charles Morgan has been fired as managing director of Morgan Motor Company, a supplier of timeless and quintessential British roadsters and three-wheelers.

Charles Morgan is the grandson of the founder of HFS Morgan, who started his velomobile business in 1910 and remained managing director until 1959. HFS Morgan was replaced by Peter Morgan (Charles' father), who led the company until 2003. .

Charles entered the family business late, spending his early career as a television cameraman and later working in a publishing house. He joined Morgan Motor Company as a staff member in 1985 and was promoted to Managing Director in 2006.

It was rumored that Morgan's board of directors were not satisfied with Charles's performance in the role, but a company spokesman stated that the move was made on good terms for all involved. Morgan will be replaced by Steve Morris, the automaker's former COO.

As for Charles Morgan, he will remain with the company as a business development specialist. According to Morgan sales manager Nick Baker, “Charles will remain Morgan's figurehead. Now his role is to focus on opening doors and creating a market.”