Stephen Murray was an American investor and he was very involved in philanthropic works. Stephen Murray CCMP Capital was the Chief Executive Officer and the president of the private equity firm, CCMP Capital. CCMP Capital specializes in growth equity and buyout transactions but also offers other services.
Murray attended Boston College, where he received his bachelors in economics on observe.com. He then went on to Columbia Business School, where he earned a masters in business administration. Murray has been with the same company since he graduated from college. The only thing that has changed is the name. When Murray started, the firm was called Manufacturers Hanover Corporation. Stephen Murray CCMP Capital first when through the credit analyst training program and he then started full time employment at the leveraged finance unit of Manufacturers Hanover Corporation. The firm was then bought by Chemical Bank and then Chase Morgan on NY Post and finally it was purchased by JP Morgan Chase. In the early 2000s, the firm spun out and became a private firm.
Stephen Murray was also very involved in local business. He sat on the board of companies like Aramark, The Vitamin Shoppe, Pinnacle Foods and more. On the non profit side of things, Murray was dedicated to several causes. He was a known supporter of the Metro New York Make-A-Wish Foundation and the Lower Fairfield Country Food Bank.
Fortune.com recently reported that Stephen Murray had passed away at the young age of 52. The article explained that the former chief executive officer had left the company a month prior because of health related reasons. Stephen Murray had been leading CCMP Capital since 2007, when his predecessor, and founder of the firm, Jeff Walker, stepped down. The new chief executive officer, who was formerly the chairman of CCMP, is Greg Brenneman. Brenneman said that Murray was a dear friend and he had such a large role in forming CCMP Capital and what the firm is today.
CCMP was founded in 2006 and the name is a combination of the first letter from each of its heritage organizations. The firm itself deals with investment in 4 different industries, including consumer and retail, industrial, health care and chemicals and energy. Within each of these industries, CCMP has further specializations.