Co-founder of CCMP and well known philanthropist, Stephen Murray was educated at Boston College and graduated in 1984 with a degree in economics. He went on to earn a master’s degree from Columbia Business School, specializing in business administration. The knowledge he acquired at these institutions on blogs.wsj.com would serve him in his professional endeavors later in life.
While still studying at Boston College, Stephen Murray CCMP Capital began training as a credit analyst at Manufacturers Hanover Corporation, where he began working in 1989, as part of their equity and finance unit, MH Equity Corporation. When this company eventually merged with Chemical and later Chase Bank, Stephen Murray CCMP Capital stayed on board until 2005. At this point, Murray became the head of the buyout business at JP Morgan Partners.
JP Morgan allowed Murray to start his own company, CCMP Capital. It is a spinoff of JP Morgan on fortune.com that combines the two areas Murray worked most often in: equity and buyout. Created in August 2006, and in 2007 Murray was named CEO.
In addition to serving on the board for CCMP, Stephen Murray CCMP Capital served for various companies on the executive boards. Additionally, Murray was an active philanthropist. Murray gave generously to his alma maters, Boston College and Columbia Business School, as well as the Make a Wish Foundation, Stamford Museum, and food banks.
In 2015, Stephen Murray CCMP Capital retired for health reasons, and eventually passed away in March of the same year. His death was the result of an illness. He is survived by his wife and four children, and remembered fondly for his business acumen by his former partners. Among his notable achievements were raising over $3.6 billion in revenue for CCMP in 2014.