Stephen Murray was born in August 1962. He attended the Boston College in 1984 earning a Degree in Economics. He then furthered his studies earning his Master’s in Business Administration at Columbia Business School in 1989.
Stephen Murray began his career as a credit trainee at a New York based holding bank, Manufacturers Hannover and Trust Corporation. He was then nominated the Vice President of a middle market lending bank, according to reports by Bloomberg. He later joined a leveraged finance and private equity unit of Manufacturers Hannover. Learn more about Stephen Murray CCMP Capital: Learn more about Stephen Murray CCMP Capital: http://patch.com/connecticut/stamford/stephen-p-murray-52-financial-executive-stamford-resident-vice-chair-boston-college-board-trustees and https://www.pehub.com/2007/10/5-questions-with-stephen-murray/
Following a couple of merging and acquisitions, with companies like Chemical bank and Chase Manhattan Bank, Manufacturers Hannover became part of the conglomerate hedge fund, J.P. Morgan in the year 2000. The consolidated hedge fund appointed Stephen Murray as the head of buyout business five years after joining the group.
JP Morgan Partners was the name given to CCMP Capital before the 2006 spin off. The company majorly involved in middle market deals as it continued to pursue growth alongside its private equity clients. A year later, JP Morgan dissociated its business after outbidding TPG Capital, KKR & Co., and Blackstone Group for a drug maker, Warner Chilcott, based in Dublin. Read more: This Old Thing? Private Equity Honcho Drops Little Place Uptown for $11M
However, JP Morgan survived despite the competition from KKR and Blackstone Group and in 2006, CCMP Capital spun out it and in 2007, Mr. Murray was appointed the company’s CEO.
Stephen Murray was also associated with other companies including AMC Entertainment, Warner Chilcott (the drug maker company), Pinnacle Foods, Aramark, The Vitamin Shoppe, Legacy Hospital partners and Generac Power Systems where he served a member of the board of directors.
Stephen Murray was a supporter of educational and political initiatives. He was involved in the funding of the popular Make-A-Wish Foundation, based in New York. The foundation was aimed at granting wishes to kids with life threatening conditions – read more: Ex-CCMP Capital CEO Steve Murray passes away.
He has supported education initiatives at Boston College, Columbia Business School and Stamford Museum just to say the least. He was at one point appointed the chairman of board of trustee at his former college (Boston College) and the head of Make a Wish Foundation in New York.
He died at the age of 52 12 months earlier after resigning from his executive responsibilities due to his deteriorating health conditions. He will forever be remembered for his positive contribution toward steering CCMP Capital to success.