J. Ronald Morgan Jr.

MORGAN--J.Ronald, Jr. Financial Services Executive, dies at 69. J. Ronald Morgan Jr., retired CEO of Pershing Limited in London and former CEO of Thomson McKinnon Securities in New York, died on October 6th at his home in East Hampton. He was surrounded by his beloved wife Carol, daughters Kelly and Kim, sons Ron, Ted, Chris and Scott, sister Joan, and sister-in-law Marilyn. The cause was cancer. Mr. Morgan had been battling melanoma for ten months. Born on April 25, 1938 in Brooklyn, New York, he was the son of the late J. Ronald and Irene Morgan, He received a Bachelor's Degree in Business Administration from Manhattan College in 1960. J. Ronald began his career in 1966 as a Certified Public Accountant with Coopers & Lybrand in New York. From 1966 to 1989 he worked for the retail brokerage firm, Thomson McKinnon Securities, becoming Chief Operating Officer in 1984 and then Chairman and CEO in 1987. During the same time, he was Trustee for the Financial Accounting Standards Board, Chairman of the National Securities Clearing Corporation. Chairman of the New York Stock Exchange Regulatory Committee, and Director of the Securities Industry Association. In 1990, Mr. Morgan moved to London as CEO of Pershing's UK operation, a post he held until 2004 when he retired. During his 15 years in London, he was Director of Pershing Limited, CREST Co., DLJ Direct UK, DLJ International, CSFB Europe and London Clearing House. In April of 2006, he was named a non-executive Director for iimia Investment Group plc. In his spare time, J. Ronald was Treasurer and Board member of the Huntington Crescent Club, Board Member of the Canterbury School in New Milford, Connecticut, and most recently Treasurer of the East Hampton Rotary Club. Mr. Morgan is survived by his loving wife Carol, his two daughters Kelly Morgan and Kim Wieland, his four sons J. Ronald III, Edward, Christopher, and Scott; and his 15 grandchildren. He is also survived by sister Joan Flatley and brother Thomas Morgan. A wake will be held from 5-8pm on Wednesday, October 10, 2007 at the Frank E. Campbell Funeral Chapel, on Madison Avenue in New York. Funeral Services will be held at the Church of St. Patrick on Thursday, October 11, 2007 at 11am in Huntington, New York.