Follow Businessman and philanthropist Martin Naughton dies Businessman and philanthropist Martin Naughton dies Martin Naughton, the businessman and philanthropist, has died aged 87. Naughton founded Glen Electric in Newry in 1973, which became Glen Dimplex in 1977 after acquiring its much larger British rival. He grew it into a huge multinational electrical goods business which owns brands including Morphy Richards and Lec.