Murray

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Stephen P. Murray, A Model Of Success In The Financial Sector

Introduction

The career of Stephen Murray paints a picture that tracks a series of incisive choices from education to the top corporate rungs of private equity investing. Sadly, this career ended with his passing on March 12, 2015 at the age of 52.

Click the following links to read more:

This Old Thing? Private Equity Honcho Drops Little Place Uptown for $11M

The Exponential Growth of CCMP Capital Under Stephen Murray’s Leadership

Background

Stephen Murray was born in Brooklyn, NY August 2, 1962. He grew up in North Tarrytown, NY where he attended and graduated from Sleepy Hollow high school. In 1984 he earned a degree in Economics from Boston College. His career began with the analyst training program at Manufactures Hanover in New York City. During that time, he attended Columbia Business School where he earned his MBA in 1989.

Career

Murray became part of the Manufactures Hanover Equity Corporation workforce in 1989. At that time, the MH private equity group joined its leveraged finance unit. Shortly afterwards, Chemical Bank purchased MH where the equity group merged with Chemical Venture Partners. Learn more about Stephen Murray CCMP: http://patch.com/connecticut/stamford/stephen-p-murray-52-financial-executive-stamford-resident-vice-chair-boston-college-board-trustees

Chase Manhattan Corporation and Chemical Bank combined in 1996. Later in 2005, the Chemical Venture Partners changed to become Chase Capital Partners. Soon, JP Morgan purchased the Chase firm, where Murray managed the buyout business for JP Morgan Partners. In 2006, Murray established a new group known as CCMP Capital.

This spinout from JP Morgan Chase took place to separate the buyout and growth equity team from its private equity group. Shortly afterward, in 2007, he acquired the CEO position for CCMP. He held this position until his retirement in 2015.

The following list includes major companies on which Stephen Murray functioned as a board member: Generac Power Systems, Aramark, Warner Chilcott, The Vitamin Shoppe, AMC Entertainment, Pinnacle Foods, Cabela’s and Legacy Hospital Partners.

Legacy

Murray and Tami Anne Monti, his college sweetheart from Cumberland, RI, were married on September 21, 1985. They lived in Stamford, CT where their four sons grew up. Murray is noted for his many philanthropic endeavors serving charitable organizations such as Make A Wish Foundation of Metro New York and the Food Bank of Lower Fairfield County.

Learn more about Stephen Murray CCMP: http://nypost.com/2015/03/13/ccmps-murray-dead-at-52/