Stephern Murray, former CEO of CCMP Capital, Passed Away After Resigned Over Health Concerns

Stephen P. Murray, the former CCMP Capital Chief Executive Officer, passed away at age 52 on March 12, 2015. He stepped down from his position with CCMP in February, 2015 citing health concerns. His career with CCMP had spanned 16 years prior to his resignation.
CCMP Capital focuses its investments within the consumer, energy, health and industrial markets. Generally the investment level rests between $100 million to $500 million in equity per transaction. Previous investments have included outdoor lifestyle retailer Cabela’s Inc. and sandwich purveyor Quiznos Corporation.  Learn more about Stephen Murray CCMP: http://heroesofthepacific.com/2016/02/a-history-of-ccmp-capital-and-its-founding-ceo-stephen-murray/

Murray’s career began with Manufacturers Hanover Corporation with the credit analyst training program in 1982. During his time there, he acquired a degree in economics from Boston College in 1984 – Learn more about Stephen Murray CCMP: http://ryvoice.org/stephen-murray-and-ccmp-capital/. He continued his work with ME Equity Corporation, the result of the combining of Manufacturers Hanover Corporation’s leverage finance unit and private equity group in 1989 while completing his master’s degree from Columbia Business School in business administration.

Manufacturers Hanover Corporation was then purchased in 1991 by Chemical Bank, which subsequently merged with Chase Manhattan Corporation in 1996 resulting in the creation of Chase Capital Partners in 1996. After becoming the head of the buyout business with JP Morgan Partners in 2005, Murray co-founded CCMP Capital and was ultimately named CEO in 2007. In 2014, CCMP raised a $3.6 billion fund. Read more: Stephen Murray, The Great Investor and Deal Maker for CCMP Capital
During his time, Stephen Murray also served on the boards of various major companies including AMC Entertainment, Aramark, Legacy Hospital Partners, Pinnacle Foods and publicly traded drug company Warner Chilcott.

Originally a resident of New York, Murray was survived by his wife, Tami A. Murray, and their four sons.

Read more: Ex-CCMP Capital CEO Steve Murray passes away