The economy is rapidly recovering and people are looking to the investment industry for leadership. These investment companies need quality leaders that are both intelligent and insightful. One of the great leaders in the history of the financial services industry is Stephen Murray.
Stephen grew up in the Boston area, and he excelled throughout his school years. When the opportunity arose to attend Boston College he jumped at the chance to attend the prestigious program. In 1984, Stephen graduated from Boston College with a degree in Economics.
He spent a few years in the private sector before he went back to school. He attended Columbia Business School and received an MBA in 1989. These programs both gave him the knowledge he needed to be a successful business person. Read more: Exclusive: CCMP Capital CEO Stephen Murray Leaves Firm and CCMP Capital Resumes Business After Death of Stephen Murray
Stephen started his career at Manufacturers Hanover Corporation. He started out as a credit analyst for the company in 1984. After he received his MBA he began working for MH Equity Corporation, a combination of Manufacturers Hanover’s private equity division and their leveraged finance division.
The company was very successful, and in the early nineties, the company was purchased by Chemical Bank. Chemical Bank was purchased by Chase in the mid-nineties, and eventually Chase merged with JP Morgan. Stephen excelled within each company, and in 2005 he was made the head of the buyout business for JP Morgan Partners.
Stephen Murray was extremely proud of this accomplishment, and he was widely recognized as one of the leading names in the business world.
In the mid-2000s, JP Morgan was extremely large in size and they decided it was time to spin off parts of the company. The buyout division became CCMP Capital. Murray was a co-founder of CCMP, and in 2007 he was named CEO of the company.
CCMP was an extremely successful company private equity investment company. In 2007, the were ranked 17th among the world’s largest equity funds. Learn more about Stephen Murray CCMP Capital: http://nypost.com/2015/03/13/ccmps-murray-dead-at-52/ and http://observer.com/2015/02/this-old-thing-private-equity-honcho-drops-little-place-uptown-for-11m/
From that point, they only continued to grow. Murray lead the company for several years but unfortunately, Stephen died in 2015. CCMP remembers Stephen as an extremely bright mind that guided the company to success in their early years.
While Stephen is remembered as a brilliant business leader, the world also remembers him for giving generously to causes he believed in. Stephen regularly gave money to the Make-A-Wish foundation and to Columbia Business School.
Stephen Murray left a tremendous impact on the business world, and on everyone else he came in contact with.