Stephen Murray Leaves a Legacy for CCMP Capital
Stephen Murray served as President and Chief Executive Officer of CCMP Capital, a private equity firm that specializes in buyouts and equities. Steve graduated in 1984 from Boston College with a degree in economics. He completed his Master’s Degree in Business Administration in 1989 from Columbia Business School. He actually started his career in 1984 as a credit analyst at Manufacturers Hanover Corporation.
In 1989 he moved on to MH Equity Corporation, which was a combination of Manufactures Hanover’s leveraged finance unit. It was bought out and combined with Chemical Bank. Chemical Bank then merged with Chase Manhattan Corporation in 1996. Chase Manhattan later combined with JP Morgan.
In 2005, Stephen Murray CCMP Capital moved on to JP Morgan to head their buyout business. While there he co-founded CCMP Capital. A spin-off of JP Morgan Chase in 2007 he became the CEO of CCMP. Murray served as a board member for Aramark, Generac Power Systems, AMC Entertainment, Warner Chilcott, The Vitamin Shoppe, Cabela’s, Pinnacle Foods and Legacy Hospital.
Stephen Murray had been with the firm for nearly 25 years. His colleagues spoke of him as a terrific investor and deal maker who spent the majority of his career in the private equity sector. He stepped down from his role as CEO of CCMP in February 2015, due to health reasons, and was replaced by Greg Brenneman.
Stephen Murray was involved with the Make a Wish Foundation of New York. He supported Boston College, the Food Bank of Lower Fairfield County and the Stamford Museum with his donations. You can learn more about Stephen Murray CCMP Capital: http://www.wsj.com/articles/ccmp-capital-advisors-gets-backing-to-resume-investing-from-fund-1430946145
Murray’s most recent board seats had been Crestcom International, Infogroup, Jetro, LHP Hospital Group, Octagon Credit Investors, and Strongwood Insurance. He left CCMP in February of 2015 due to health related problems. He passed away in March, 2015. Steven was 52 years old. He is survived by his wife and sons.