Category Archives: Manufacturers Hanover Corporation

Stephan Murray Left his Mark on the World

Published / by GSM

Stephen Murray CCMP Capital was a mover and shaker in the private equity industry, passed away in 2015 at the age of 52. He was also a philanthropist who thought giving back to the community and the world was just as important as working for a living. He was the CEO (Chief Executive Officer) of the private equity firm of CCMP Capital. Mr. Murray’s guidance led CCMP’s focus on growth and buyout transactions.

Mr. Stephen Murray’s educational background included earning a degree in Economics from Boston College in 1984 and a Master’s Degree in Business Administration from Columbia Business School in 1989. His philanthropic efforts included serving his alma maters for the benefit of others. You can click the link below to learn more about Stephen Murray CCMP Capital:

http://www.nytimes.com/2015/03/01/realestate/west-village-townhouse-for-17-million.html?_r=0

Mr. Murray began his career in the financial field in 1984 when he accepted an appointment to the credit analyst program at Manufacturers Hanover Corporation (MHC). In 1989, he made the switch to MH Equity Corporation which was a combination of MHC private equity group and its finance unit.

MHC was purchased by Chemical Bank in 1991 and MH Equity merged with Chemical Venture Partners. Further mergers included Chemical Bank and Chase Manhattan Corporation in 1996. Chemical Venture Partners became Chase Capital Partners in 2005.

Stephen Murray took over the JP Morgan Partners buyout business division and then in 2006 became a co-founder of a spinoff of the Chase division of JP Morgan named CCMP Capital. When the merger, acquisition and founding dust settled, Murray was named CEO of CCMP. He guided CCMP with a steady hand developing solutions for clients.

In addition to CCMP, Murray served on the boards of several major corporations including Legacy Hospital Partners, Pinnacle Foods, The Vitamin Shoppe, AMC Entertainment and Generac Power Systems.

His philanthropy side included efforts to make others lives better. It was important for Murray to give back some of the good fortune he experienced throughout his life. He supported the Food bank of Lower Fairfield County and the Make-A-Wish Foundation of Metro New York, where he served on the chairman’s council. He was the chairman of the board of trustees at Boston College and the Columbia Business School.

Through his philanthropic efforts he inspired others to offer a helping hand up and not just a hand out to those less fortunate. His work helped others make a better life for themselves and their families thereby strengthening the neighborhoods and communities.

Strong families lead to stronger neighborhoods and communities and provide an uptick to the economic engine that helps to make a better world go around.