Archive for the ‘Inspiring Career’ Category

The Inspiring Career of Stephen Murray

Thursday, May 12th, 2016

Stephen Murray is a founding partner, former President and Chief Executive Officer of CCMP Capital, whose career was based on private equity investment. Murray died at the age of 52 on 12th March 2015. At the CCMP, he made very many practical contributions that made the firm and its predecessors successful. Read more: CCMP’s Murray dead at 52

Stephen was also a philanthropist and gave aid to different types of critical programs such as Metro New York’s Make-A-Wish Foundation, the Food Bank of Lower Fairfield Country, Stamford Museum, Boston College, and his former school where he got his MBA, the Columbia Business School. He was made to be the board of trustees’ vice chairperson at Boston College and the member of the council at the Make-A-Wish Foundation because of his many contributions towards the organizations.

During his career, Stephen Murray worked for the Manufacturers Hanover Corporation as from 1984, where he became a member of the credit analyst training program. He later moved to the MH Equity Corporation, which had merged its leveraged finance part with the private equity unit of Manufacturers Hanover.

In 1991, Chemical Bank purchased Manufacturers Hanover, and MH Equity was fused into Chemical Venture Partners. JP Morgan Partners made Mr. Murray to become the leader of buyout business in 2005, where he helped in building a stable private-equity enterprise. Read more: Stephen Murray, The Great Investor and Deal Maker for CCMP Capital

In August 2006, he became a co-founder of a spinoff of the JP Morgan Chase, CCMP Capital, which consisted of the development equity and takeover team of its private equity and he was made the CEO of the firm in 2007.

CCMP Capital matured from a small spin out capital to a worth of 12 billion dollars under his tenure, which lasted up to a month before his death. The company deals with private equity investments, and its specialties are in capital growth dealings and leveraged buyouts.

CCMP Capital has over fifty qualified staff that are located in New York, London, Hong Kong and Tokyo. The major clients that the company serves include organizations, institutional investors, and individuals with a high net worth, whom they help in finding suitable investments and investing in them.

He was also a member of various major company boards such as the Aramark, AMC Entertainment, The Vitamin Shoppe, Legacy Hospital Partners, Pinnacle Foods, Generac Power Systems and Warner Chilcott. Stephen Murray is described by the staff that worked under his supervision at CCMP Capital as an industrious and goal oriented individual who led the company to success.

Learn more about Stephen Murray CCMP:

Ex-CCMP Capital CEO Steve Murray passes away