Morgan Sindall boss says he’s staying after £13m share sale prompts speculation over future

John Morgan

John Morgan has been in charge of business since 2012

Morgan Sindall chief executive John Morgan has told Building he is not planning to step down any time soon after a £13m share sale last week prompted speculation about his future.

Morgan, who turns 66 at the end of December, set up the firm in 1977 with then business partner Jack Lovell after the pair met at Reading University where they were studying for estate management degrees.

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