Stephen P. Murray was the Chief Executive Officer of CCMP Capitol Advisors. He specialized in the field of private equity as an investor and philosopher. At CCMP Capitol he was in charge of overseeing the company’s buyouts and growth equity transactions. On March 12th, 2015 Murray passed away due to a number of health reasons. A month before he passed away he resigned from the head of the company due to health issues.
In the year 1984, Stephen Murray joined the credit analyst training program with the company, Manufacturers Hanover Corporation. Five years later, Murrary became a part of the MH Equity Corporation. During this year the MH Equity Corporation and the Manufacturers Hanover’s equity group were joined together. When the companies joined their financial units were leveraged.
In the year 2005, he became the top of JP Morgan Partners in the buyout business department. It was later that Murray decided to co – found his most recent company, CCMP Capital. The company was a sister company to JP Morgan Chase. In August of the year 2007 he became the CEO of CCMP.
Murray often used his financial wealth, and influence to support great causes in the country. One of the most well known causes that Murray gave support to was the Make – a Wish Foundation. The foundation provides services for children with life-threatening illnesses.
Murray was also a known giver to higher education. He gave funds, and support, to Stanford University, Boston College, and the Columbia Business School. Murray’s support to outreach will continue his legacy for years and years to come.
Following Murray’s death, many of the company’s employees were quoted feeling upset and saddened by the news. Many of the employees also reached out to his family. Murray’s family was known to be a source of pride and inspiration in his life. Employees of the company also commented on the positive additions that Murray brought to the company as well as the success that will last into the future.
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