Currently reading: Morgan executive chairman Steve Morris steps down

Replaced by Lawrence Price, Morris had been at the British firm for nearly 40 years

Morgan has announced a shake-up at the top of its management structure, with Steve Morris stepping down from the role of executive chairman at the end of December. 

Although there is no news as to where Morris is heading next, it’s thought he is stepping down now having overseen the company's transition to the new CEO Massimo Fumarola, the ex-Lamborghini projects boss who joined Morgan in April 2022.