Monday, February 2, 2015

Former Acxiom boss Charles Morgan publishes a tells-a-lot memoir

Posted By on Mon, Feb 2, 2015 at 10:22 AM

click to enlarge charles-morgan-matters-of-life-and-data-book.jpg

Arkansas Business reports this morning on some of the interesting aspects of former Acxiom CEO Charles Morgan's memoir, "Matters of Life and Data."

Salty language and a frank account of Morgan's womanizing while still married to his first wife gets a mention in the Arkansas Business report.

Then, there’s the women issue. From the book, page 226:

“My infatuation with C**** C*** hardly survived the summer, and soon I was seeing several women. ‘The big joke around the office,’ says Cindy Childers, ‘was that because Charles wasn’t good with names, we should get name tags for his dates to wear so he didn’t get confused.’”

Pretty PG. Except he was married at the time and he doesn’t use asterisks. He names names.

His divorce — subject of a cover story here long ago because of Faulkner County judges' decisions (including now Supreme Court Justice Karen Baker)  to seal the entire record of the case — gets covered, too.

And then there’s the divorce from his first wife, Jane Dills Morgan, the woman who, Morgan relates, got pregnant just months after their wedding so her new husband wouldn’t have to go to Vietnam (page 71).

About that divorce (page 226): “Two-and-a-half years — that’s how long the hell would go on. It would disrupt not just my personal life, but also the corporate life of Acxiom itself.”

As your Whispers staff remembers it, Jane Morgan also found the divorce disruptive.

Although Morgan says he’s softened toward his ex-wife, he remains angry at her divorce attorney, Little Rock lawyer Stephen Engstrom, whom he describes as the “meanest, most tenacious Jack Russell terrier of an attorney in our part of the country” (page 226).

Morgan writes that Jane, pushed by Engstrom, was trying to prove she was the power behind Acxiom’s rise, a contention he calls “absurd.”

“We were in no way contesting the Arkansas law that said she gets half of all community property. The question was, how do you define half?”

How you define half mattered when half of the Morgan estate would have equaled $50 million.

But accommodations were made and Charles Morgan got his divorce on Nov. 7, 1997. Jane Morgan got about $37 million of Charles Morgan’s Acxiom stock, leaving him with about 8 percent of the company’s stock.

Tags: , , , ,

Favorite

Speaking of...

Comments (10)

Showing 1-10 of 10

Add a comment

 
Subscribe to this thread:
Showing 1-10 of 10

Add a comment

More by Max Brantley

Readers also liked…

  • Child abuse: What about the victims?

    A guest writer in the Arkansas Times, a victim of child sexual abuse, says Arkansas sends a message that it condones abuse by a lack of consequences for the Harrises and Duggars.
    • Jun 3, 2015
  • Saturday's open line

    Got any thoughts? Put them here.
    • May 21, 2016
  • Monticello preparing for KKK rally

    Drew County authorities are taking precautions, but also watching their words, about apparent plans for a Ku Klux Klan meeting Saturday.
    • Jul 22, 2015

Most Shared

  • Sarah Huckabee Sanders to be deputy White House press secretary

    Donald Trump announced additional White House staff today, notably including Sarah Huckabee Sanders, deputy assistant to the president and principal deputy press secretary.
  • Legislation filed for $10 million school voucher program

    The legislation to vastly expand transfer of state tax dollars to private schools came before the school choice day event I mentioned earlier.
  • Pork and more

    Some notes on disparate topics before I take a vacation break.
  • Trumpeting

    When President-elect Trump announced he would, in a few days, force Congress to enact comprehensive health insurance for everyone, poor or rich, that would provide better and cheaper care than they've ever gotten, you had to wonder whether this guy is a miracle worker or a fool.
  • Putin and Trump

    Here's a thought exercise: What do you suppose would happen if Russian strongman Vladimir Putin decided to clarify remarks he reportedly made about Donald Trump during the election campaign?

Visit Arkansas

1.73-carat diamond found at Crater of Diamonds State Park

1.73-carat diamond found at Crater of Diamonds State Park

Jack Pearadin and Doug Nelsen found a 1.73-carat diamond after nearly a year of searching the park's field.

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation