Stephen Murray’s Engaging Vitality is Greatly Missed

Stephen Murray was former CEO of CCMP Capital. Mr. Murray held the post, last, prior to his demise in 2015. Mr. Murray, was a graduate of Boston College, wherein he graduated in 1984. He attained a degree, at the time, in Economics. In 1989, Mr. Murray, successfully attained an MBA from Columbia Business School.

CCMP Capital—the end company, wherein, Mr. Murray served as CEO and President, is viewed as a well-regarded entity. The company was established, during 2006. It continues today, with regard to its strategic investment strategies. The strategies were started by the company’s founders. Stephen Murray of the organization were members of J.P. Morgan Partners, LLC. Too: CCMP Capital attained establishment by means of various transactions with regard to company integration, relative to its predecessors. The list of predecessors includes: Chemical Venture Partners, Manufacturers Hanover, and Chase Capital Venture Partners.

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Stephen Murray, began his career by participating in an analyst training program. The program was provided to Mr. Murray by the Manufacturers Hanover Corporation in 1984. Mr. Murray, next, made the move, in 1989, to MH Equity Corporation. MH Equity paired up with Manufacturers Hanover’s Private Equity Group. Manufacturers Hanover Corp., was later purchased by Chemical Bank, during 1991. MH Equity was next merged with Chemical Venture Partners. Chemical Bank merged with Chase Manhattan during 1996. Chemical Venture Partners, as a result, became known as Chase Capital Partners. Mr. Stephen Murray was in charge of the buyout at JP Morgan Partners, during 2005. He later co-founded the company CCMP Capital in 2006. Later, Stephen Murray assumed the leadership role of CEO at CCMP. The preceding event occurred in 2007.

Aside from his extensive career, Stephen Murray served on the Board of many well-known branded corporations: companies such as AMC Entertainment, Aramark, among many others.

He provided much in the way of philanthropic activity. He supported important organizations such as Make-A-Wish-Foundation, among many other highly recognized educational, cultural and charitable venues.

Mr. Murray provided the business and charitable communities, much, in the way of enthusiasm and support. Such engaging vitality, on the part of Mr. Murray, needless to say, will be greatly missed.

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Stephen Murray Tragically Passes

52-year-old Stephen Murray is no longer with us. Stephen Murray had been a part of CCMP Capital for 25 years and will be sorely missed. He abruptly quit his position at the company just one month before his death, and all who knew him were shocked to hear the news.

Stephen was a lifelong scholar and financial expert. A New York City native, he kept the city close to his heart his whole life. He was born in Brooklyn, attended school in North Tarrytown, and earned his master’s degree at Columbia Business School. Stephen then spent the majority of his career at CCMP located in New York.

He began his career in 1984, working at Manufacturer’s Hanover Corporation. At this job, he went through credit analyst training. He gained solid experience in the industry here which he used to acquire a position at MH Equity Corporation. This corporation would eventually be merged into Chemical Venture Partners, then Chase Manhattan Corporation, and Chase Capital Partners. In 2005, Stephen Murray was in charge of the company, and he presided over the buyout offer from JP Morgan Partners. JP Morgan wanted to spin the company off, so it allowed Stephen to form CCMP Capital. It was formed from the growth equity team of its private equity group. Stephen’s reward was the CEO position at CCMP.

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CCMP’s Murray dead at 52
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Stephen was at this point infamous for his financial savvy. Many companies wanted him on their board of directors to get access to his insights. Stephen served on the board for AMC Entertainment, Warner Chilcott, Cabela’s, Aramark and more. Stephen was also infamous for his generosity.

Stephen actively supported the Make-A-Wish Foundation in New York City and Columbia Business School. He personally donated funds and freely gave his time to serve as the vice chairman on its board of trustees for the New York area.

Stephen’s colleagues had kind words to say about him. They offered their deep condolences for the loss to his family. They felt a special pride and joy for the time that they served under him and were able to learn from his expertise. They remember Stephen as a family man, a leader and a deal maker. At CCMP Capital, Stephen’s legacy will last a long time through those he influenced.

Stephen Murray was a humble, quiet man who left this world all too soon. He rose from the position of financial analyst trainee to be the CEO of CCMP Capital.

CCMP Capital losses Steve Murray

Steve Murray is one of the longest serving and founding partners of CCMP Capital. He has served the company for a long time, and he is considered to be one of the individuals who have brought significant changes in the private institution. Just recently, newspapers in the country reported that Steve Murray had died at the age of fifty-two.

According to the papers, the chief executive officer of CCMP Capital had passed away after a long illness. The illness took him from the prestigious position a month before his death. Before leaving the position, Steve Murray had resigned as CEO on health related issues. The company has lost one of its longest-serving Chief Executive Officers.

Murray joined CCMP Capital in the year 1989. The company was known as Chase Capital Partners during these years. Later on, the institution changed its name to JP Morgan Partners after JP Morgan successfully acquired it. As the organization underwent these changes, Stephen Murray CCMP Capital was one of the key players. Under Steve’s leadership, the company was recognized as one of the largest private equity organizations in the world. His skills and expertise played a crucial role in this success. Although the company is working hard under the new leadership to remain strong, experts say that Steve’s loss will affect the institution in several ways.

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CCMP Capital had incredible influence on the finance industry under the leadership of Stephen Murray. Although the institution started operating as Chase Capital Ventures, it managed to invest more than fifteen billion in several business ventures. The company financed different buyouts, and other firms in the country flourished because of CCMP Capital. Companies have also reported that they expanded their operations significantly with the help of the privately held institution.

When Steve Murray announced his resignation from the company due to health related problems, the market in the country reacted to the news. The departure saddened investors, and this affected the operations in CCMP Capital. The successful hedge fund manager had just completed raising over three million funds for its capital, but the investors did not allow the money to trade after the exit of Steve from the institution. His death is one of the biggest blows to the company and the investors who had invested heavily in his institution. The new leadership of the organization is expected to bring everything to order after the mourning period is over. The current CEO says that Steve Murray was a reliable deal maker who played a significant role in the success of CCMP Capital.

Source: http://nypost.com/2015/03/13/ccmps-murray-dead-at-52/