Business Professional, Family Man and Philanthropist: Stephen Murray
The late Stephen Murray, who passed in March 2015, left behind a legacy of success as a businessman and a family man. Born in New York and raised in Westchester County, Stephen Murray CCMP Capital eventually went on to graduate from Boston College in 1984. Murray followed up his economics degree from Boston College by attending Columbia University, graduating with a master’s degree in business administration.
Of his many accomplishments, the most celebrated remains being the co-founder and CEO of CCMP Capital, a mid-level buyout equity firm. This firm has recently closed another mulit-billion dollar fund to the tune of over three and a half billion dollars. Murray had been involved with Stephen Murray CCMP Capital since its inception in 1989. However, the firm has gone through many names changes and restructuring since then to become CCMP. The firm was known at one point as Chase Capital Partners before the name was changed to JPMorgan Partners following the acquisition of Chase by JP Morgan. The group, lead by Murray, split of from JP Morgan and became CCMP Capital. In addition to his work with CCMP, Murray also served on the board of several other companies including Aramark, Generac Power Systems, Pinnacle Foods, AMC Entertainment, Warner Chilcott, Cabela’s, The Vitamin Shoppe, and Legacy Hospital Partners in various capacities.
Prior to his passing, Murray stepped down from his position at CCMP citing illness. Within a month, it was confirmed that Murray had succumbed to his illness, leaving behind his wife Tami Murray and four sons. Greg Brenneman, the current CEO of CCMP, is quoted as saying that Murray’s wife and children, “were his pride and joy”.
Furthermore, Murray served as a member of the chairman’s coucil of the Make A Wish Foundation as well as vice chairman of the board of trustees at Boston College. His other philanthropic efforts include the Food Bank of Lower Fairfield County, the Stamford Museum, and Columbia Business School.
The efforts of Stephen Murray will be sorely missed by his family, friends, and business partners. Murray brought passion and determination to these responsibilities, leaving a better world behind him wherever he went.