Sharing his keys to success, business executive and Pi Kappa Phi Fraternity alumnus David Morgan delivered the commencement address to more than 870 graduates at Northwestern State University on Friday, December 16, 2016.
Calling himself “proof of the American Dream,” Morgan attributed his accomplishments to developing a positive attitude, hard work, and personal responsibility.
Morgan graduated from Bolton High School in Alexandria and received a degree in business from NSU.
After graduation, he started his career in the insurance field selling insurance to active teachers in Louisiana. In 1981, he began United Teacher Associates Inc., an insurance agency specializing in insurance benefits to members of large state retired teacher associations.
Morgan purchased an insurance company three years later and started writing the association member insurance policies through the company. The renamed United Teacher Associates Insurance Company grew annual revenue to more than $200 million with 250 full-time employees and more than 3,000 agents across the company.
In 1999, he sold United Teacher Associates to a Fortune 500 company.
After a brief retirement, Morgan and his brother co-founded Association Member Benefits Advisors in 2001. AMBA provides a broad range of member benefits in 30 states to over 4 million association members with over 300 full time agents. AMBA is home to many NSU graduates with successful careers.
At Northwestern State, Morgan was president of Pi Kappa Phi Fraternity, inducted into “Who’s Who Among College Students” and was the school mascot, Vic the Demon.
He is a member of the NSU Alumni Hall of Distinction, the Long Purple Line, and Pi Kappa Phi Hall of Fame. Morgan has been a member of the NSU President’s Council and the Board of Directors of the NSU Alumni Association and is very involved in the NSU alumni chapter of Pi Kappa Phi. He created an endowed professorship in the Northwestern State School of Business to further the study of salesmanship and insurance.
He is married to Sherry Fargerson Morgan who also graduated from NSU and was a member of Sigma Sigma Sigma Sorority. The Morgans split their time between Austin and St Thomas, V.I., and have three children and seven grandchildren. Their oldest son, David Morgan Jr., was a rechartering member of the Beta Omicron Chapter of Pi Kappa Phi in 2000. His wife, Leslie, is also a gradaute of NSU.
[Media release from Northwestern State University News Bureau]