Stephen Murray was one of the financial industry’s most respected professionals. The field that he specialized in is private equity investment, and he was the chief executive officer of the CCMP Capital. The death of the financial expert occurred in March 2015, and he was 52 years old at that time. Mr. Murrays had quit working for the company one month before he died due to health complications. He had been working for the parent companies of CCMP Capital since 1989. The first firm that he served was the Chace Capital Partners. Its ownership was later transferred to the JP Morgan and JPMorgan Partners was created. The company was considered to be one of the top private equity providers in the world. The CCMP Capital spun out of the JPMorgan Partners in 2006 under the leadership of Jeff Walker who was its CEO at that time. Stephen took over the leadership of the company in 2007.
The death of Stephen Murray shocked and grieved the staff of the CCMP Capital. The current chief executive officer of the company, Greg Brenneman, sent a condolence message to the family of his former business partner and friend. Stephen’s four sons and wife were a source of joy and pride to him. He was highly acknowledged for the vital skills that he displayed in making significant deals for the CCMP Capital and its associates. Murray was an important participant in the growth of the company.
By the time that he passed on the company had made about $30 billion, and in the last five months before he left it made a profit of $3.6 billion. The Securities and Exchange Commission recognized Stephen Murray and Greg Brenneman as the only individuals who are in charge of the CCMP Capital’s fund. Mr. Greg Brenneman currently serves as the chairperson of the company. Murray was also on the Form ADV of the firm.
Stephen Murray had roles in different companies apart from the CCMP Capital. He sat on the boards of Strongwood Insurance Holdings, Crestcom International, LHP Hospital Group, Infogroup Inc., Jetro JMDH Holdings, and Ollie’s Bargain Outlet. He was also well recognized for his support of various organizations that are useful to the society. Stephen was a board member of the Make-A-Wish-Foundation of the Metro New York, the Boston College, Food Bank of Lower Fairfield County, the Columbia Business School, and the Stamford Museum.