Stephen Murray spent more than half of his life working in the financial services industry. Beginning in 1984 when he became involved with the analyst training program with the Manufacturers Hanover Corporation until his death in 2015 when he was president and CEO of CCMP Financial, Murray had been involved in private equity investment. He also spent a great deal of time helping charitable organizations like the Make -A-Wish Foundation, the Lower Marion County Food Bank, and many others.
Stephen Murray also shared his experience and expertise by sitting of the board of many major businesses along way including that of his alma mater Boston College. A 1984 graduate of Boston College with a bachelors degree in Economics, Stephen Murray took a position with Manufacturers Hanover Corporation immediately after graduation (http://culturebytes.org/the-exponential-growth-of-ccmp-capital-under-stephen-murrays-leadership/).
When he completed his masters degree in business administration from Columbia School of Business in 1989, Manufacturers Hanover offered Murray a position in its private equity division.
Murray remained with the company when they were acquired and merged with first Chemical Bank then Chase Manhattan Bank and finally J.P. Morgan & Co. in 2000. At that point the company was known as JPMorgan Chase and the private equity division was called JP Morgan Partners.
When JPMorgan Chase acquired Bank One in 2004, it was decided that the private equity division would become an independent company. When JP Morgan Partners was spun off in 2006 it became the independent company CCMP and Stephen Murray was made president and CEO. While he was at the helm of CCMP, the company spun off Panorama Capital, Unitas Capital, and Linzor Capital. Learn more about Stephen Murray CCMP: http://observer.com/2015/02/this-old-thing-private-equity-honcho-drops-little-place-uptown-for-11m/
Those were the divisions of CCMP that were involved in Information Technology, Life Sciences, and handling investments in Asia and South America. Spinning off those companies helped to make CCMP lean, mean, and extremely profitable. Stephen Murray has dedicated over 30 years to private equity transactions for the company.
He’s also known as a dedicated philanthropist. Plus he’s always been willing to work with the board of several corporations to help them to succeed. Some of the major companies whose boards he has sat on include Legacy Hospital Partners, Generac Power Systems, Aramark, AMC Entertainment, Cabela’s, The Vitamin Shoppe, Warner Chilcott, and Pinnacle Foods. But the most important people in his life is his family. This includes his wife Tami and his four sons. Sadly Stephen Murray died in March 2015 at age 52.