Having His Name on the Building Was No Help

Courtesy Bloomberg

As a young auto salesman in the mid 1970's, I recall that the answer to most dealership policy questions was, "Because his name is on the building."  It was good enough for most questions that arose.

Apparently, it is not good enough for Morgan in Malvern Link. Charles Morgan, the grandson of Morgan founder H F S Morgan was relieved of his duties as strategy director of the firm. 

Autoweek has the full story.