The Accomplishments that the Late Stephen Murray Made in his Profession

Stephen Murray was the former chief executive officer of the CCMP Capital, and he was renowned for his skills in private equity investment. He quit his job at the firm due to health complications and died in March 2015, which was one month after resigning. The company acknowledges him for his outstanding skills, which facilitated its development and that of its founders. CCMP Capital was established in 2006. It was a spinoff of the JPMorgan Partners, and its proficiency was in offering leverages takeovers to the middle-market and private equity investment. Stephen was a significant player in income generation for the company, and he raised $3.6 billion during the last five months that he served it.

Greg Brenneman believes that the Murray is the most prominent deal maker an investor that has ever worked for the company. Brenneman took over the CEO role after Stephen resigned. He is also the current chairperson of the enterprise. Greg passed his commiserations to the Tami A. Murray, who is the wife of the deceased. CCMP Capital is globally trusted by the clients for the exceptional performance that it displays. Its usual equity investment is approximated to be between $100 million and $500 million. The main customers of the firm are in sectors such as energy, consumer industries, and healthcare. Murray and Brenneman were the only individuals that the Securities and Exchange Commission recognized to be in charge of the CCMP Capital’s fund.

Read more: 5 Questions with Stephen Murray, CEO of CCMP Capital

The birthplace of the late Murray is New York. He schooled at the Boston College and was awarded a Bachelor of Arts degree, and later got his MBA from the Columbia College. Stephen started his finance career at the Manufacturers Hanover Trust and after while he was made deputy president of the middle-market. The Manufacturer Hanover’s leveraged finance and equity investment divisions also employed him. CCMP Capital was made to part of the JPMorgan Partners in 2000 after formation of three mergers, which involved Chemical Venture Partner and Chase Capital Partners.

Mr. Stephen Murray’s management skills were acknowledged in the corporate world, and he sat on the boards of different companies. They include Strongwood Insurance Holdings, LHP Hospital Group, Ollie’s Bargain Outlet, Jetro JMDH Holdings, Crestcom International, and Infogroup Inc. Stephen also participated in different community projects that were important in their development. They include Make-A-Wish-Foundation, Boston College, Food Bank of Lower Fairfield County, and Columbia Business School.

Read an article about Stephen Murray on Bloomberg

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