The four year dispute between Charles Morgan and his family firm, the Morgan Car Company, has come to an end. An announcement by Morgan Technologies on Monday, February 20 revealed that Charles Morgan would soon rejoin a new Family Council, following his ‘successful settlement of.. [a] long-running employment dispute.’
It added: ‘He [Charles Morgan] will be invited to [the Family Council] as a member, as well as retaining his shareholding. While there will be no change in the family shareholders, the Family Council will ensure that the wider Morgan family, including children of the current shareholders, have a voice in the future strategy of the Morgan group.’
Charles Morgan, grandson of Peter Morgan, owns between 20 and 25 per cent of Morgan’s equity – and remains, according to Autocar, its…
