Stephen Murray, affectionately referred to as Steve, was born August 2, 1962. He attended Boston College where he graduated with a degree in economics in 1984. He would later attend the prestigious Columbia Business School where he obtained his masters degree in business administration in 1989.
In 1984, shortly after graduating from Boston College, Murray joined the credit analyst training program at Manufacturers Hanover Corporation. 5 years later, in 1989, he joined MH Equity Corporation. MH Equity Corporation combined the finance unit and the private equity group of Manufacturers Hanover. Learn more about Stephen Murray CCMP Capital: https://www.pehub.com/2007/10/5-questions-with-stephen-murray/
In 1991 Chemical Bank purchased Manufacturers Hanovers. After the purchase Chemical Venture Partners and MH Equity merged with one another. 5 short years later in 1996, Chemical Bank merged with Chase Manhattan Corporation. In that same year Chemical Venture Partners became Chase Capital Partners.
Through all these moves Stephen Murray was still a vital part of the company. In 2005 he received a big promotion and became the head of buyout business for JP Morgan Partners. One year later in August 2006, Murray helped co-found CCMP Capital. CCMP Capital was a spin out of JP Morgan Chase and contained the buyout and growth equity team of the JP Morgan Chase private equity team.
In 2007 Murray was named CEO of CCMP and held that position until his untimely passing in March of 2015. Murray was also on the board at several major companies including Warner, The Vitamin Shoppe, AMC Entertainment and Generac Power Systems just to name a few. Learn more about Stephen Murray CCMP Capital: http://observer.com/2015/02/this-old-thing-private-equity-honcho-drops-little-place-uptown-for-11m/
Stephen Murray Was A Big Giver
Besides being an astute businessman, Stephen Murray was also a big giver. He believed in giving back and helping those in need. He was an avid supporter of several foundations and organizations including the Make-A-Wish Foundation of Metro New York, Columbia Business School and Boston College just to name a few.
Murray was also a memeber of the chairman’s council of the Make a Wish Foundation of Metro New York and the vice chairman of the board of trustees at Boston College.