Stephen Murray’s Career Path To CCMP

CCMP Capital is a very large and successful company, and they successfully manage a variety of different types of companies. The companies that are managed by CCMP include major multimillion dollar corporations, such as The Vitamin Shoppe and AMC Entertainment.

However, CCMP did not come out of nowhere. It evolved out of another very large and successful company, called Manufacturers Hanover Corporation. There were a number of people that helped this company to form, including Stephen Murray.

Stephen Murray worked extensively with the transition from the company’s predecessors to CCMP. However, Stephen Murray also did a number of other things with his life of a noteworthy nature. He was a very beneficial philanthropist to a variety of different organizations.

Stephen Murray first began to learn about business and economics during the 1980s at Boston College. At Boston College, Stephen Murray was an economics major.

He certainly used this information to be a better manager of CCMP Capital. However, he advanced his education even further than the degree he got from Boston College. He went to Columbia University. While there, he studied business administration, and this is where he got his Master’s Degree. After graduation, Stephen Murray continued to do beneficial things for both colleges, as a donor. Read more: Stephen P. Murray, 52; Financial Executive; Stamford Resident; Vice Chair Boston College Board of Trustees and 5 Questions with Stephen Murray, CEO of CCMP Capital

He ended up working for a company, called Manufacturers Hanover Corporation. This company was in a unique type of business. Rather than being a bank, the company worked in the banking industry as a manger of other banks. The company was responsible for managing banks that collectively contained a very large amount of assets. However, the company began to change it’s structure over the course of the years.

As time went on, the company morphed into companies with other names. Stephen Murray remained with the company the entire time, rising through the corporate ladder as time went on. Ultimately, there was a major corporate transition into CCMP, which the company still is today. Stephen Murray was one of the people that played an exceptionally major role in helping this to happen.

He was very financially successful from his leadership within this company. As a result, he was able to donate substantial amounts to various organization. He was been extremely helpful to a food bank, along with The Make A Wish Foundation.

Learn more about Stephen Murray CCMP Capital:

http://xrepublic.net/2014/09/11/stephen-murray-the-great-investor-and-deal-maker-for-ccmp-capital/
http://fortune.com/2015/02/17/exclusive-ccmp-capital-ceo-stephen-murray-leaves-firm/

CCMP Capital CEO Stephen Murray Dies After Illness

The sudden death of CCMP Capital CEO Stephen Murray has left the company reeling. The 52-year-old executive died yesterday after a short illness. Murray had stepped away from his duties two months ago for an undisclosed “medical condition.” Chairman Greg Brenneman took over his duties while he was away – Learn more about Stephen Murray CCMP Capital: http://nypost.com/2015/03/13/ccmps-murray-dead-at-52/ and http://www.ccmpcapital.com/Team.

Murray was highly-regarded in the financial banking industry. His colleagues called his one of the smartest guys they knew. “He had a real head for business and investing,” said Brenneman. “We relied on his guidance, support and expertise. Our hearts go out to his wife and children.”

Stephen Murray had over 30 years of experience at CCMP. His specialty was buyouts and growth equity. After graduating from Boston College with an economics degree, Murray joined Manufacturers Hanover Corporation. He started out as a credit analyst but quickly worked up through the ranks.

“He was a real asset to the company. Everyone marveled at how quick he learned the business,” said a former colleague. Read more: CCMP Capital Advisors Gets Backing to Resume Investing From Fund

While at Manufacturers Hanover Corporation, he went back to school and received an MBA from Columbia Business School. After the merger with Chase Manhattan Corporation and Chemical Venture Partners, a buyout resulted in CCMP Capital. Murray is credited with having sewn up the deal so quickly.

Murray helped build CCMP into a powerhouse private equity firm. Not only were they competitive, they were on par with larger and more funded firms. In 2006, CCMP raised a record $3.6 billion through leveraged buyouts.

The Make-A-Wish Foundation was something near and dear to Murray’s heart. He also supported the Food Bank of Lower Fairfield County and Stamford Museum. Read more: This Old Thing? Private Equity Honcho Drops Little Place Uptown for $11M
Murray is survived by his wife of 20 years, Tammi, and four sons.