For many people who reach the highest levels of their profession, their lives are often decidedly slanted toward their professional lives. However, for that rare executive, that is not always the case. Such was the life of Stephen Murray, who as a founding partner and CEO of CCMP Capital lived a full life dedicated to both his family and his career. Despite passing away from illness at age 52, Stephen nevertheless left behind numerous examples of how others should balance work and life.
Upon completing his education at Boston College and Columbia University, where he obtained an MBA, Stephen set out to make his mark in the financial industry. As a credit trainee with Manufacturers Hanover Trust Company, Murray quickly displayed a knack for investments that few others possessed. Quickly moving up the career ladder, he eventually found himself serving as Vice-President of the company, where he made one decision after another that positioned the company as one of the world’s best.
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Despite this success, Stephen knew he would at some point head his own firm. Thus, in 2006 he and his partners formed CCMP Capital, where he specialized in private equity deals. Often investing up to $500 million in equity per transaction, Stephen displayed a keen knowledge of how to make the perfect deal. Upon making one blockbuster deal after another, CCMP became recognized by those in the industry as one of the true movers and shakers that dictated success year after year.
However, Stephen Murray always made sure he kept a strong balance between his work life and his personal life. Because of this, he was widely known for contributing his time and money to numerous good causes in the New York area. Born and raised in Westchester County, he had seen firsthand the struggles many people faced on a daily basis. Therefore, he regularly worked with local food banks to ensure families would not go hungry, and he also partnered with the Make-A-Wish Foundation to help terminally ill children have their dreams come true.
Having shown that it is very possible to reach the pinnacle of your profession without sacrificing your personal life, Stephen Murray’s legacy is one of service and a commitment to excellence. Although he left this world far too soon, his family and friends can take comfort knowing that when others look for a positive role model, Stephen’s name will come up time and time again.