The passing of any individual is always a sad moment, but the March 2015 death of Stephen P. Murray has left a huge hole at CCMP Capital, which was once the largest privately held equity firm in the U.S.
The passing was sudden and left many shocked after Murray left his role with CCMP in February 2015 citing health problems as the reason for his departure from this impressive company; Murray had been a major part of the success of CCMP Capital in its many forms since joining the firm in 1989 after completing his masters degree at Columbia Business School in the same year. Read more: Ex-CCMP Capital CEO Steve Murray passes away and Stephen P. Murray, 52; Financial Executive; Stamford Resident; Vice Chair Boston College Board of Trustees
Murray had worked his way through the executive ranks at CCMP Capital from its days as Chase Capital Partners, JP Morgan Partners, and later as the independent CCMP Capital.
From 2005 onwards Murray assumed even greater responsibilities as the head of the company and was finally named CEO in 2007, taking control of the company from fellow CCMP Capital founder Jeff Walker.
Despite continuing to reach greater levels of success than ever before with CCMP Capital the financial expert still found the time to enjoy boardroom positions at companies across a range of industries. Among the executive roles Stephen P. Murray has undertaken are those with varied businesses such as AMC Entertainment and The Vitamin Shoppe.
Stephen P. Murray led a varied and busy business career, but was also always looking to make a difference in communities he held close to his heart.
Murray provided support and expertise for his former colleges of the Columbia Business School and Boston College to make sure others will have the chance to get as high quality an education as he did at these impressive educational institutions.
Helping those in need played a major part in the life of Stephen P. Murray and was seen in his work as a member of the Chairman’s Council of the Make-A-Wish Foundation of Metro New York.
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