Morgan Group LLC

Morgan Group, LLC 1999- Present

Managing Director:

Founded a consulting and training business focused on new business creation. Please see www.morganllc.com

· Instructor at MIT to teach Entrepreneurship and Sales to engineering undergraduates.

· Developed courses under MIT sponsorship for a continuing executive education program in Entrepreneurship. Delivered over 60 multi-day programs to over 1200 executive participants.

· Consulted with a variety of startups and corporations on new venture creation.

· Extensive speaking engagements on entrepreneurship and sales.

· Developed proprietary investment screens, and raised a small investment Fund.

Airflow Research - Robert Bosch gmbh 1981-1999

President and CEO 1981-1990

Founded Airflow Research and Manufacturing Corp in my basement, and grew it to over $100 Million in annual sales, with excellent profitability. Airflow Research developed and supplied radiator cooling fan assemblies to the Automotive Industry, using technology developed for submarine and torpedo propellers.

· Assembled team, partners, business plan, money, and technology

· Developed and patented the technology that is still the core of the business today

· Competed for and won over 80% of the available Automotive OEM supply business in North America during the period 1986-1999

· Expanded to European market. Competed for and won a significant market share with European Auto OEMs.

· Responsible for all aspects of the business, including sales, engineering, R&D, administration, and finance.

· Led the sale of the business to Robert Bosch Corp. in 1990, including negotiation and due diligence.

VP of New Product Development and Member of the Board 1991-1995

Key executive for Bosch after acquisition.

· Managed the successful transition of the business from a startup to a division of a multi-national organization. Retained all key team members for over 5 years.

· Responsible for the acquisition of all new business, and the growth into other areas, both technical and geographic

· Grew business to over $100 Million in sales by 1995.

· Developed licensees or manufacturing capability in most automobile producing countries in the world

· Delivered 7x the “corporate average profitability” over a 5-year period.

Internal Consultant to Bosch 1995-1999

Stepped down from active management in 1995, and accepted position as an internal consultant on business issues.

· Merged the organization with 2 other Bosch units in North America

· Consulted on issues of organization and sales

· Developed principles of “Entrepreneurship” and started teaching this subject at MIT

Bolt Beranek and Newman 1972-1980

Senior Scientist

Consulted in highly-classified underwater and airborne noise, signal processing, and propeller design

· Sold, managed, and delivered complex projects for demanding clients in US Navy

· Authored over 60 papers, reports and articles in these technical areas

Education and other information

· BS in Naval Architecture, 1968

· MS Ocean Engineering , 1971

· Officer in US Coast Guard, 1968-1971

Interests: Sailing, boating, skiing, biking. Serve on several Boards of Directors