Stephen P. Murray was the president and Chief Executive Officer (CEO) of CCMP Capital. He was the co-founder of CCMP in 2006. His college career included earning a degree in economics from Boston College in 1984 and a Master’s Degree in Business Administration in 1989 from Colombia Business School.
Murray’s journey to the top began in 1984 when he was named to the Manufacturers Hanover Corporation credit analyst training program. After a successful completion of the program, Murray moved onto MH Equity in 1989. MH Equity was a combination of the company’s private equity division and its leveraged finance unit.
A number of mergers and acquisitions followed including Chemical Bank purchasing Manufacturers Hanover Corporation in 1991 and MH Equity merging with Chemical Venture Partners. In 1996, Chemical Bank merged with Chase Manhattan Corporation while Chemical Venture’s Partners morphed into Chase Capital Partners.
Murray held varying positions with these companies throughout the mergers and acquisitions and in 2005 Murray took over as the head of buyout at JP Morgan Partners.
In 2006, CCMP was a spin-off of JP Morgan Chase. It contained the growth equity and buyout team of its private equity group. In 2007, Murray was named CEO of CCMP Capital.
As CEO, Stephen Murray led the company with passion and commitment to the private equity industry. He developed solutions for clients that met their goals and he inspired his team to do the same. He was an influential thinker and problem solver made many contributions to his field throughout his entire career.
He also served on the boards of several major corporations including Pinnacle Foods, The Vitamin Shoppe, Legacy Hospital Partners and Ollie’s Bargain Outlet. His presence on those boards helped these companies remain strong and experience positive growth.
Murray made it his mission in life to help others. He was interested in doing something for others that would impact their lives positively. He was an enthusiastic supporter of the Make – A – Wish Foundation of Metro, New York, the Food Bank of Lower Fairfield County, Stamford Museum, as well as serving on boards at Boston College and Columbia Business School. He was not only a financial supporter of the organizations, but was involved personally.
Murray inspired others, family, friends and business associates to find a philanthropic passion and support it. Giving back is important, as it helps to build stronger neighborhoods and community and strength in community often translates to an uptick in the economy.
Murray passed away at the age of 52 in 2015 and left a mission for others to fulfill.
Learn more about Stephen Murray CCMP Capital: http://www.nytimes.com/2015/03/01/realestate/west-village-townhouse-for-17-million.html?_r=0