Stephen Murray, the former CCMP Capital president, and CEO passed on at the age of 52. By the time of his death, Mr. Murray had stepped down from the company’s leadership citing health reasons. He will be remembered for his legacy as a hardworking man who put a lot of thought and effort into everything he did, always leading to great success.
Mr. Murray’s journey began from the Boston College, where he graduated with an economics degree in the year 1984. He later pursued his master’s degree in business administration at the Columbia Business School, graduating in 1989. Learn more about Stephen Murray CCMP Capital: https://www.crunchbase.com/person/stephen-p-murray#/entity
Stephen Murrray began his working career upon completing his bachelor’s degree, by joining Manufacturers Hanover Corporation in 1984. He was a credit analyst trainee. After his masters in 1989, Stephen joined MH Equity Corporation, which brought together Hanover’s private equity group and its leveraged finance unit.
In 1991, Murray’s MH Equity and Chemical Venture Partners merged following Manufacturers Hanover’s acquisition by Chemical Bank. Another merger in 1996 followed this merger. Upon the third merger in 200, the outfit became JPMorgan. Mr. Murray’s efforts saw him rise from a trainee to the Vice President.
In 2005, Stephen Murray was named the JP Morgan Partners’ head of buyout business. In 2006, Mr. Murray co-founded CCMP Capital, which was a spinout of JP Morgan Chase. As expected, CCMP Capital contained the buyout team as well as the growth equity team.
At the height of his career, Murray served on various boards of major companies. His knowledge and experience in financial and strategic issues were much sought after. Some of the companies include Generac Power Systems, Aramark, Pinnacle Foods, AMC Chilcott, Legacy Hospital Partners among others.
Friends and colleagues described the late Murray as a terrific investor and dealmaker. He dedicated his life to private equities. Apart from being CCMP Capital’s founding partner, Mr. Murray worked extremely hard and contributed significantly towards the company’s success.
Besides working hard and leaving an impact on the financial sector, Murray was a generous man. He supported Metro New York’s Make-A-Wish Foundation. He also donated to his former school, Columbia Business School, as well as Fairfield County’s Food Bank.
Murray who left behind a wife and sons will be greatly remembered for his positive contribution to CCMP Capital’s success.