Stephen Murray is a famous man in the world of business. Mr. Murray is the former president and CEO of CCMP Capital, a financial firm that spun out of JPMorgan Chase and Co. The investor and philanthropist is known for his role in the management of the private equity firm that specializes in Middle-market buyouts and growth equity transactions. Mr. Stephen Murray began his career after graduating from Boston College in 1984, where he was awarded a degree in Economics.
WSJ reported that the year 1984 saw Stephen Murray join Manufacturers Hanover Corporation as a credit analyst as part of a training program. He later joined MH Equity Corporation in 1989 which was formed from the combination of Manufacturer Hanover’s private equity and the leveraged finance unit of the firm.
In 1991, Chemical Bank acquired MH. Stephen Murray went ahead to receive a nomination as the head of buyout business in 2005 at JP Morgan Partners. According to Patch, Stephen Murray went ahead to be the co-founder of CCMP Capital, where he later became the CEO in 2007.
Nypost posited that Stephen Murray has been involved in the running of various companies through his devoted service to the boards of the firms. Among these firms are AMC Entertainment, Aramark, Octagon Credit Investors, Strongwood Insurance Holdings, LHP Hospital Group, Infogroup Inc., Pinnacle Foods, Generac Power Systems among others.
Following in the footsteps of many great businessmen, Stephen Murray was a great philanthropist. His philanthropic works can be seen by his support of the Make-A-Wish Foundation of New York, Stamford Museum, Boston College and Columbia Business School.
Stephen Murray has been called many things by many people. In the words of CCMP CEO Greg Brenneman, Murray was a ‘terrific investor and deal maker.’ Stephen Murray has surely left his mark in the world of business as well as the lives of his colleagues and clients.