John Adams Morgan
American sailor (1930–2025)
From Wikipedia, the free encyclopedia
John Adams Morgan (September 17, 1930 – January 23, 2025) was an American sailor, Olympic champion and the founder of Morgan Joseph.[1] His father, Henry Sturgis Morgan, was the co-founder of Morgan Stanley and his great-grandfather was J. P. Morgan, founder of J.P. Morgan & Co.[2]
John Adams Morgan | |
|---|---|
| Born | September 17, 1930 Oyster Bay, New York, U.S. |
| Died | January 23, 2025 (aged 94) |
| Education | Groton School |
| Alma mater | Yale University |
| Board member of | Masco Provident Loan Society |
| Spouses | Elizabeth Robbins Choate
(m. 1953; div. 1957)Tania Goss
(m. 1962; div. 1966)Anne Chute
(m. 1989; div. 1993)Connie Morgan (m. 2010) |
| Children | 4 |
| Parent(s) | Henry Sturgis Morgan Catherine Lovering Adams |
| Relatives | Morgan family |
| Awards | Olympic Gold Medal at 1952 Olympics: 6m class |
Early life
John Adams Morgan was born on September 17, 1930, in Oyster Bay on Long Island to Henry Sturgis Morgan[2] and Catherine Lovering Adams. His mother was the daughter of Frances Lovering and Charles Francis Adams III, the U.S. Secretary of the Navy under President Herbert Hoover,[3] and a descendant of U.S. Presidents John Adams and his son John Quincy Adams.[4] John attended the Groton School, graduating in 1949.[5] He then attended Yale University,[6] graduating with a Bachelor of Arts in 1953.[5]
Career
Olympic career
Morgan competed at the 1952 Summer Olympics in Helsinki, where he won a gold medal in the 6 metre class with the boat Llanoria.[7][8]
Business
Family Capital Growth Partners
Investment ManagersFinance
Family Capital Growth Partners (FCGP) invests in companies located in the United States. The firm focuses on a broad range of sectors and industries. It participates in growth capital transactions with an investment of USD 2 - 30 million.[9]
From 1956 to 1966, Morgan was a partner in Dominick & Dominick.[6] From 1966 to 1982, he worked at Smith Barney, serving as a senior vice president in charge of the corporate finance department, and from 1970 as vice chairman of Smith Barney in charge of the firm's merger and acquisition activities, a member of the executive committee and a director of Smith Barney International Inc.[10]
In 1982, Morgan, the great-grandson of J. P. Morgan, established an investment banking firm known as Morgan Lewis Githens & Ahn, Inc.[11] In 1985, it organized a leveraged buyout with the Olin Corporation, an industrial chemical concern based in Stamford, Connecticut, of Olin's Ecusta cigarette paper business.[12] In 1987, the firm assisted with the acquisition of Service America Corp. from Alleco Inc., formerly Allegheny Beverage Corporation, for $450 million in cash and securities.[13]
In 2001, the firm and Morgan's broker-dealer license, was bought by the newly established MLGA Holdings.[14] Mr Morgan, along with Fred Joseph (1937–2010), the former president and chief executive officer of the investment bank Drexel Burnham Lambert during the 1980 - to its closure , co-founded the new entity, which became known as Morgan Joseph LLC in 2002,[15] sought to create a high-yield business for mid-size companies and take advantage of investment bankers who were laid off during the technology stock bubble of 2000.[16] After the new firm was established, Morgan served as chairman of the board of directors of Morgan Joseph until his retirement in 2016.[14][17]
In December 2010, Morgan Joseph LLC merged with Tri-Artisan Partners LLC to form Morgan Joseph TriArtisan Group, Inc.[16][11] In April 2011, Apollo Global Management invested in Morgan Joseph TriArtisan, and registered as a brokerage firm to find clients and deals for its buyout and hedge funds.[16]
Board of trustees
From 1969, Morgan served as a director of Upham & Co., Inc. From 1989 until January 1998, he was a director of TriMas Corporation until it was acquired by Metaldyne Corporation. He then served as a director of Metaldyne from 1984 until its recapitalization in November 2000. As of 2001, he was a director of Furnishings International Inc. and a trustee of the Provident Loan Society of New York. Served as a director of Raytheon Technologies and of Flight Safety.
Family Capital Growth Partners - Principal, Corporate office [18]
Long Point Capital inc - Director of Board 1989 - retired 2016 [19]
Mr Morgan served on the board of directors for 35 years until his death in 2025 of the Morgan Library & Museum.[6] and was serving on financial board of the Museum at the same time.
He was on the board of Directors of Masco for 30 years and retired in 2015. [20]
He served as the founding chairman of the Board of Morgan Joseph until his retirement in 2016. [21]
| Long Point Capital, Inc. | Private Equity Investor | 1989-12-31 | 2010-03-29 |
| Morgan Lewis Gitchens & Ahn, Inc. | Corporate Officer/Principal | - | - |
| Family Capital Growth Partners | Corporate Officer/Principal |
Personal life
Marriages and children
John Adams Morgan: Has 4 adult children from 4 different wives. His several early marriages were very short :
In 1953, he married his first wife, Elizabeth Robbins Choate (1953–1957), the daughter of Robert Burnett Choate and the sister of Robert B. Choate Jr.[22]
- Before their divorce in 1957, they had John Adams Morgan Jr. In 1954
His second marriage was from 1962-1965 to Tania Goss, an alumna of the Ethel Walker School and Vassar College who was the daughter of Natalie Holbrook and Chauncey Porter Goss (d. 1964)[23] of Middlebury, Connecticut.[5]
- in 1964 they had a son, Chauncey Goss Morgan,[24] who had a career in management primarily of manufacturing businesses.[25][26]
His third marriage was to Anne Chute in 1989-1993. They had no children together. [citation needed]
His fourth wife, Sonja Tremont, They were married in 1998 - 2006 (div)
- Before their divorce seven years later in 2006, they had one daughter together,[27][28] Quincy Adams Morgan.[29]
His fifth wife Connie H. Morgan, to whom he was married from 2010 until his death in 2025. They share their daughter Caroline Philipson and stepdaughter Christina Philipson.[30] [31]
Residences
Morgan owned Caritas Island, a 3.5-acre (1.4 ha) private island compound off the coast of Stamford, Connecticut with a 26-room, 14,000-square-foot (1,300 m2) home originally built in 1906.[32] In 2011, Morgan listed the island for sale for $18.9 million.[33]
Death
Morgan died on January 23, 2025, at the age of 94.[34]
