[5] Morgan competed at the 1952 Summer Olympics in Helsinki, where he won a gold medal in the 6 metre class with the boat Llanoria.
[6] From 1966 to 1982, he worked at Smith Barney, serving as a senior vice president in charge of the corporate finance department, and 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.[9] In 1982, Morgan, the great-grandson of J. P. Morgan, established an investment banking firm known as Morgan Lewis Githens & Ahn, Inc.[10] 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.
[11] 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] Morgan, along with Fred Joseph (1937–2009), the former president and chief executive officer of the investment bank Drexel Burnham Lambert during the 1980s, co-founded the new entity, which became known as Morgan Joseph LLC in 2002,[14] 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.
[5] in 1964 they had a son, Chauncey Goss Morgan,[19] who had a career in management primarily of manufacturing businesses.
Morgan and Tremont were said to have met at San Pietro, an Italian restaurant in New York City on Madison Avenue where she was a hostess.