Henry Sturgis Morgan

Henry Sturgis Morgan
Born	(1900-10-24)October 24, 1900 London, England
Died	February 8, 1982(1982-02-08) (aged 81) New York City, New York, U.S.
Nationality	American
Education	Groton School
Alma mater	Harvard University
Occupation	Banker
Years active	1923–1982
Known for	Co-founder of Morgan Stanley
Board member of	J.P. Morgan & Co., General Electric, Pullman Company, Harvard Board of Overseers, Groton School, MoMA
Spouse	Catherine Adams ​ ​ (m. 1923⁠–⁠1982)​
Children	Henry Jr. Charles Miles John Peter
Parent(s)	J. P. Morgan Jr. Jane Norton Grew
Relatives	Morgan family

Henry Sturgis Morgan Sr. (October 24, 1900 – February 8, 1982) was an English born American banker, known for being the co-founder of Morgan Stanley and the president and chairman of the Morgan Library & Museum.

Early life and education

Morgan was born on October 24, 1900, in London, United Kingdom to John Pierpont Morgan Jr. (1867–1943) and Jane Norton Morgan (née Grew) (1868-1925). His father was the son of John Pierpont Morgan Sr. (1837–1913) and his mother was the daughter of Boston banker and mill owner Henry Sturgis Grew (1833–1910). He was educated at Groton School and graduated from Harvard University in 1923.^{[citation needed]}

Career

In 1923, the same year he graduated from Harvard, he joined J.P. Morgan & Co. and was a partner from 1928 to 1935.^[1] In 1935, he co-founded Morgan Stanley together with Harold Stanley when the Glass–Steagall Act forced the separation on investment banking and commercial banking.^[1]

At the death of his father in 1943, he and his brother, Junius Spencer Morgan III, inherited the estate.^[2] Morgan owned a 448-acre (1.81 km²) estate, which is located at Eaton's Neck Road, Eatons Neck, New York, United States.^{[citation needed]}

Personal life

On June 26, 1923,^[3] he married Catherine Frances Lovering Adams (1902–1988), daughter of Frances Lovering and Charles Francis Adams III, the U.S. Secretary of the Navy under Herbert Hoover,^[4] and a descendant of U.S. Presidents John Adams and John Quincy Adams.^[5] The couple had five sons:

• Henry Sturgis Morgan Jr. (1924–2011), a Navy Rear Admiral and maritime lawyer^[6]
• Charles Francis Morgan, who was a Morgan Stanley executive, who married Sarah Baldwin Lambert^[7][8] in 1960.^[9]
• Miles Morgan (b. November 1, 1928)
• John Adams Morgan (b. 1930), who married four times, including to Sonja Tremont (b. 1963)^[10]
• Peter Angus Morgan (1938–2013).^[7][11]

He died on February 8, 1982, in Manhattan, New York City at Columbia-Presbyterian Medical Center.^[1][12]

Activities and interests

Morgan was trustee, president and chairman of The Morgan Library & Museum, served on the boards of J.P. Morgan & Co., General Electric and Pullman Company, served as trustee of the Groton School and Museum of Modern Art and member of the Harvard Board of Overseers. During World War II, Morgan was a commander in the Naval Reserve and served as an OSS Agent.^{[citation needed]}

Like his father, brother and grandfather, he was the Commodore of New York Yacht Club where he served as chairman of its America's Cup Committee. He was also vice president of the International Yacht Racing Union. He was a member of the Bohemian Club, the Council on Foreign Relations, Community Service Society of New York, the Pilgrims Society and the Roxburghe Club.^{[citation needed]}

Morgan was posthumously inducted into the America's Cup Hall of Fame in 2001.^[13]

References

External links

• Henry Sturgis Morgan at Find a Grave

This page was last edited on 31 March 2024, at 18:26