CCMP Capital lost one of its most reputable leaders on March 12, 2015. 52 year old Stephen Murray was their president and CEO and had not only been with the company for twenty years, he also co-founded the company.
A month before he passed away in his home, he stepped away from his position due to “health-related” reasons.
Murray’s life began on Aug 2, 1962 in Brooklyn, New York. According to his obituary, He grew up in North Tarrytown, NY. He graduated from Boston College with a BS degree in economics in 1984.
He later went on to marry his high school sweetheart, Tami, on September 21, 1985. In 1989, he received his MBA in business administration at Columbia Business School. Learn more about Stephen Murray CCMP Capital: http://xrepublic.net/2014/09/11/stephen-murray-the-great-investor-and-deal-maker-for-ccmp-capital/
He and his wife had four sons and resided in Stamford, Connecticut, which is located only thirty miles away from Manhattan. They were married for 29 years.
In 1984, Stephen Murray began his career as a credit analyst trainee and worked his way to become vice president of mid-market lending at Manufacturers Hanover Corporation in New York. He later joined their private equity group in 1989. In 1991, Manufactures Hanover was purchased by Chemical Bank and MH Equity united with Chemical Venture Partners.
Chemical Bank went on to join Chase Manhattan Corporation and Chemical Venture Partners developed into Chase Capital Partners in 1996.
Manufacturers Hanover later became a part of JP Morgan in 2000. Murray became the lead of buyout business at JP Morgan Partners in 2005.
He then became the co-founder of CCMP Capital, which spun out of JP Morgan Chase in August 2006. He was named CEO of CCMP in 2007. CCMP concentrates leveraging the purchase of shares and expansion capital investments.
Stephen Murray CCMP Capital served on the board of major companies like the Vitamin Shoppe and was also a huge philanthropist by supporting foundations such as the Make-A-Wish Foundation, among many others. He was known as being a generous and hardworking individual.