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You are here: Home / James L. “Pete” Morgan
James Morgan and wife Sara
Photo by MSU Photo Services

James L. “Pete” Morgan

James L. “Pete” Morgan vividly remembers the last final he took at then-Southwest Missouri State College.

February 1, 2010 by

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After rushing his pregnant wife to the hospital at 7:30 in the morning, Morgan completed his two-hour final in less than 30 minutes, giving him just enough time to experience the birth of his daughter.

He may have had a speedy finish to his University career, but the lessons he learned have lingered.

Morgan, a Jasper County native, first attended Missouri State in 1950. He graduated in 1956 with a bachelor’s degree in business administration. He learned under some of the classic professors, such as Dr. Virginia Craig, Dr. Virgil Cheek and Dr. James Snapp.

“I really had no concept of what the world was about,” said Morgan. “They taught me in a hurry!”

After joining the Naval Reserves in November 1950, he left the University for Army Officer Candidate School in 1951. Morgan returned to the University in 1954 after the end of the Korean War. He continued serving his country through the Army and Air Force reserves, accumulating a total of 21 years of military service.

Upon graduation, Morgan worked in Chicago for three years and then accepted a regional sales position for the Maytag Company, covering the states of Missouri, Arkansas and Tennessee.

In 1967, he moved into the investment banking and securities business, where he remained until his retirement in 1980.

In 1980, Morgan and his wife Sara started a company that manufactured and distributed military insignia, the patches and medals that decorate a soldier’s uniform. The Morgans’ business was operated from their home in Arizona. They sold more than $1 million in volume per year within the first five years.

“Operating a very successful business was the culmination of everything I had learned at SMS,” said Morgan. “I was able to put everything into play by starting with nothing.”

Morgan’s interest in military insignia dates back to World War II. During the war, collecting this insignia was a sign of patriotism. He returned to this hobby in 1980 and has since collected more than 11,000 pieces of military insignia from various foreign countries, time periods and wars, and more than 12,000 U.S. military insignia. Morgan does not have a favorite piece — he enjoys the history behind each.

He has published four books on the identification of military insignia and is currently working on a fifth publication.

“(This hobby and business) has given us an opportunity to travel around the world.”

Filed Under: Uncategorized Tagged With: 2010, Air Force, Alumni Spotlight, Army, College of Business, january, Military, Winter

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