CCMP elected chairman Greg Brenneman into office as the group’s chief executive following Stephen Murray’s untimely passing last year. Stephen Murray committed over 30 years to the CCMP group.
The Boston College economics major earned his BA in 1984. That same year he joined CCMP predecessor Manufacturers Hanover Corporation as a credit analyst in training. In 1989, Columbia Business School awarded him an MBA in administration. Later that year, Murray secured a position at MH Equity Corporation. This division focused on leveraged finance as part of private equity unit of Manufacturers Hanover Corporation.
Chemical Bank acquired Manufacturers Hanover in 1991. This resulted in a merger between Chemical Ventures Partners and MH Equity. In 1996, Chase Manhattan Corporation and Chemical Bank teamed up. The group acquired the new name Chase Capital Partners. 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/
Then in 2005, JP Morgan Partners, a subsidiary of JPMorgan Chase installed Murray as the group’s head. When the growth equity and buyout unit parent company JPMorgan Chase dissolved in 2006, Murray and Jeff Walker formed CCMP Capital.
A champion investor with a specialization in private equity transactions, Murray succeeded the group’s CEO and founder Jeff Walker in 2007. Murray assumed the role of president to the group as well. Outside of CCMP’s operation, he committed to philanthropic endeavors.
In fact, he’s sponsored non-profit charities such as the Metro New York chapter of the Make-A-Wish Foundation, Stamford Museum and the Lower Fairfield County Food Bank.
He’s made notable contributions to Columbia Business School and Boston College as well. In fact, the Make-A-Wish Foundation inducted him as council member and Boston College board trustee vice chairman. Read more: Exclusive: CCMP Capital CEO Stephen Murray Leaves Firm and CCMP Capital Resumes Business After Death of Stephen Murray
He’s a former board associate of the following leading corporations: The Vitamin Shoppe, Legacy Hospital Partners, Aramark, AMC Entertainment, Cabela’s Pinnacle Foods, Warner Chilcott and Generac Power systems. CCMP released information that Murray’s resignation was on the account of a health-related matter. Sadly, he passed a month later.
The fifty-two-year-old CEO’s portfolio included the following accounts Strongwood Insurance Holdings, Crestcom International, Ollie’s Bargain Outlet, Infogroup Inc., Octagon Credit Investors, Jetro JMDH Holdings and LHP Hospital Group.
Stephen Murray contributions have been instrumental in building a solid reputation for the global private equity manager, CCMP. In fact, he piloted the group’s operation and spearheaded rapid expansion programs.
CCMP launched offices in Tokyo, New York, and Hong Kong under Murray’s leadership. CCMP remains a strong competitor in the industry under new leadership. Murray’s innovative strategies that resonate with the group.