Speaking at the group's annual shareholder meeting, Trinity Mirror chairman Sir Victor Blank defended Morgan after a shareholder questioned his decision on the war coverage.
Sir Victor called Morgan a very good and competent editor. He said: "He is not at the moment on the way out."
Morgan defended his anti-war stance on BBC's 'Question Time' as offering an alternative view from its main rival The Sun. He said: "I think it's my responsibility to counter the Murdoch factor and report what went on."
He said that his only "misjudgement" was putting it on the cover. "The Mirror fell foul of the reality TV aspect of this war. We were anti during the Afghanistan conflict and sold a lot of papers and won a lot of awards."
He also criticised Rebekah Wade, editor of The Sun, for writing to Mirror readers and telling them it was "disloyal and unpatriotic" to oppose the war.
Trinity Mirror said that despite troubles at the Daily Mirror, which saw its circulation fall below 2m in March and is set to show further falls when April's ABCs are revealed, advertising sales for the first four months of the year were slightly ahead of last year.
However, the disastrous cover price war with The Sun -- part of the Mirror's relaunch strategy -- cost the firm £5.7m during the same period, up £4.4m on last year.
The pressure will now be on new chief executive Sly Bailey to improve the company's financial position. She has commissioned a strategic review of the business, which some believe may lead to the break-up of the company.
Bailey has already removed some of the senior management at the national newspaper division, giving her direct control over the titles, including the Daily and Sunday Mirror and The People.
There have been suggestions that more management changes could be on the cards.
If you have an opinion on this or any other issue raised on Brand Republic, join the debate in the .
.jpg)
.jpg)