Stephen Murray was a top specialist in providing private equity investment services, and he was highly recognized in the finance sector. He died in 2015, and his last professional role was serving as the chief executive officer of the CCMP Capital. Murray had been having health complications and left the company one month before his death. He first served various mother companies of the CCMP Capital since 1989. He was employed by the Chase Capital Partners which was later incorporated by the JP Morgan to create JPMorgan Partners. The firm was successful, and it was considered as one of the leading businesses that offered private equity services. The CCMP Capital was then created as a spin-out of the JPMorgan Partners. Its formation was led by Jeff Walker who served as its first CEO before the leadership was transferred to Mr. Murray in 2007.
The passing on of the finance expert worried his former workmates at the CCMP Capital. A condolence message was sent to his wife and four sons by, Greg Brenneman, who is the new chief executive officer of CCMP Capital. Stephen loved his family, and they were his pride. He had exceptional knowledge in making successful transactions, and his skills were highly appreciated by the CCMP Capital as well as other companies that he worked served.
Murray was a primary participant in the growth of the businesses that hired him. He led the CCMP Capital to rise at a rapid rate from a small startup capital. The worth of the firm was $30 billion by the time he passed on. He assisted the company to make $3.6 billion in the last five months that he worked for it. Greg Brenneman who is also the present chairperson of the CCMP Capital and Stephen Murray are the only two individuals that have ever been recognized the Securities and Exchange Commission for overseeing the company’s fund. Mr. Murray and five other executives were also named on the CCMP Capital’s Form ADV.
Stephen Murray also served as a board member in various organizations. They include Strongwood Insurance Holdings, LHP Hospital Group, Jetro JMDH Holdings, Crestcom International, Ollie’s Bargain Outlet, and Infogroup Inc. He was also a socially responsible individual who enjoyed participating in the running of institutions that are important to the community. He sat on the boards of the Boston College, the Columbia Business School, Make-A-Wish-Foundation, Food Bank of Lower Fairfield County, and the Stamford Museum.