The Life and the Successful Career of Stephen Murray

Stephen Murray was a New York-based private equity investor and a philanthropist. He was born in August 1962 and passed away in March 2015 at the age of 52. Murray was the CEO and the founding partner of CCMP Capital Advisors where he served until he resigned in 2015. Stephen Murray graduated with a Bachelor of Arts degree in 1984 from Boston College. He later pursued a Masters in Business Administration from Columbia University in New York.

 

Stephen Murray’s Career Background

Stephen Murray began his career in 1984 as a credit trainee at Manufacturers Hanover Corporation. After five years working with the company, he joined MH Equity Corporation, which comprised of the private equity and the finance unit of Manufacturers Hanover Corporation. Chemical Bank purchased Manufacturer Hanover in 1991 and later merged with MH Equity and Chase Manhattan Corporation. The three mergers formed Chase Capital Partners that later became JPMorgan in 2006. Stephen Murray later co-founded CCMP Capital, which is an extension of JP Morgan.

Stephen Murray was a member of the board at Aramark, Pinnacle Foods, AMC Entertainment, Warner Chilcott, The Vitamin Shoppe, Cabela’s, Generac Power Systems, and Legacy Hospital Partners.

 

CCMP Capital

CCPM Capital is one of the leading private equity firms in the world. The company makes investments of $100 million to $500 million in every transaction in the healthcare, industrial, consumer, and energy sectors. Stephen Murray contributed significantly to the growth and success of the company for the years that he served as the Chief Executive Officer and President. In 2014, Mr. Murray led CCMP into raising $3.6 billion of funding, which earned him a position in the SEC filings.

Stephen Murray was a renowned dealmaker and investor at the private equity firm. He left the private equity firm two months before he passed away citing some health related reasons. His resignation and death came as a surprise to many at CCMP Capital who he worked with for 16 years. Greg Brenneman succeeded him as the President and the CEO of the firm.

Philanthropy

Mr. Murray supported various non-profit organizations in the United States. The different charities that he took part in include Make a Wish Foundation in New York, Food Bank of Lower Fairfield County, and Stamford Museum. Stephen Murray also supported various educational institutions in the country including Boston College as the chair of the board of trustees and Columbia Business School. He left behind his wife and four sons who reside in Stamford Connecticut.

Read more:
CCMP’s Murray dead at 52
CCMP Capital Advisors Gets Backing to Resume Investing From Fund

Scaling Up Your Company

Starting a small business from scratch requires a lot of hard work. Don Ressler was able to do that with a variety of companies, and we can learn a lot from his experience. Based out of California, he has a start up mindset that a lot of people are adopting. He had to be very creative when it came to funding for JustFab. This is a company that is a dream of his, and he has worked hard to get it where it is today. If you want to invest in your future, this is a great way to do so. Over time, he has been able to scale things in a way that are sustainable for the future. Ressler has always invested in growth, and he has asked for funding help when he needs it.

Read more: Kate Hudson’s Fabletics Made Headlines For Its Ad Campaign With a Bleeped Word

 

From the time he was in school, Don Ressler was interested in started his own business. There are a lot of people who feel the same way, but few people are willing to put in the work to get there. Over the long term, starting up your own business is a lot of hard work. If you wan to succeed, you have to be willing to sacrifice in certain areas of your life. Don Ressler worked hard to get things scaled up with JustFab, and in just a few years it is one of the most successful companies in the industry. He was able to get there by the funding that he raised. He also has other companies like Intelligent Beuaty and Intermix.

 

One of the most important parts of having success as a small business is planning on Crunchbase. When he first started out, Don Ressler knew what his long term goals were. There are a lot of people who are looking forward to his thoughts on a variety of subjects. If you want to invest in your future business, having a solid plan is essential. When it came to JustFab, he wanted to make sure that he was thinking about the future with every decision that he made. That is why Don Ressler was so against borrowing a bunch of money to reach his goals. He knew that this would just eat into his cash flow and cause a lot of issues down the road. There are a lot of people who look up to the success that he has had in recent years.

More information on https://en.wikipedia.org/wiki/Fabletics.

https://www.apparelnews.net/news/2016/sep/05/new-sizes-fab-justfab/

Kenneth Goodgame leads True Value Company to success

UPDATE: November 23, 2016

GrowthHackers.com is a great place for marketing professionals to share knowledge and ideas with each other. Imagine my excitement when I saw that Kenneth Goodgame made a profile on the site. This is amazing news, not only for other marketing professionals, but the entire industry! Give it a look today and see what kind of ideas and strategies you can get with Kenneth’s insider knowledge!

UPDATE: October 31, 2016

Kenneth Goodgame recently decided to get a change of scenery. He has relocated to the great state of Arizona. His immense experience in the marketing sector enabled him to gain traction and make this move. His prominence in the profit and loss management departments had also benefited him to form capable and quality teams in Arizona help him fulfill his responsibilities.

For more information visit the link below:

https://about.me/kengoodgame

UPDATE: September 21, 2016

While he has primarily held positions that were related to merchandising, that isn’t to imply that Kenneth Goodgame lacks experience in other areas as well. In fact, he has also served on the board of a number of companies in a directorial or general manager capacity. This versatility has proven to be incredibly useful throughout Goodgame’s career, as it has allowed him to take hold of floundering companies and provide them with a clear path moving forward

UPDATE: August 25, 2016

Kenneth Goodgame is working his marketing magic. He has officially taken True Value to the next level! They just posted their quarterly earnings and the results are nothing short of amazing. Ken Goodgame is the man with the plan, and it’s definitely paying off.

Kenneth Goodgame has been the Senior Vice-President and Chief Marketing Officer of the True Value Hardware Company since 2013. He received his education at the University of Tennessee-Knoxville, studying Marketing and Finance. He is well known for building high performance teams and is an expert in profit/loss management. With True Value he is leading the company with his experience, product knowledge and customer-focused philosophy. His innovative programs are designed to create instant impact in the global marketplace as his product launching techniques have helped to make True Value Company an internationally recognized brand.

Before joining the True Value Company, Kenneth Goodgame was the Global Materials Manager(GMM) for Ace Hardware where he drove record sales and designed a long-term growth plan. He developed new products and improved existing processes. His business experience is vast, starting with merchandise management positions with well-known companies, The Home Depot and Black and Decker. In 2002, he was offered the job of president of Rubbermaid Cleaning Products, where he designed innovative programs in infection reducing micro-fiber cleaning products still used in hospitals today. He also created and patented “wave break” technology in their mop bucket systems.

Although Goodgame is best known for his leadership in the areas of product creation and brand recognition, his creativity in packaging, sales and promotional planning have proved to be just as important. He also has the leadership ability to take many ideas and consolidate them into a focused, unified vision. This empowers his colleagues, since they all know they are making significant contributions to the productivity of the company. His long term vision for the companies he has worked with, helped to establish and sustain their place in the market and solidified his place as a true innovator and leader in the retail world.

Kenneth Goodgame is a leader that any company would be proud to have on their team. True Value Company is certainly on their way to continued success with Mr. Goodgame leading the way.

Follow Kenneth on Facebook and Twitter today!

Stephen Murray’s Legacy

Stephen Murray ran one of the largest companies in the world, CCMP Capital. This company was a management agency on LinkedIn that managed a large number of multi-million dollar organizations. Not only was Stephen Murray the CEO of this company, but he actually helped to found it.

Stephen Murray began his career right after he got his undergraduate degree. He was initially employed as an intern with the company. At the time, it was called Manufacturers Hanover Corporation. This was a bank holding company that managed a number of well known financial institutions. After his internship and completion of his master’s in business administration, Murray became one of their employees.

The company changed a lot over the course of time and changed names, but he remained employed with this same organization. During his career, he began to gain notoriety. In 2006, he began to work with other employees to create CCMP Capital. Shortly after the creation of CCMP Capital, Stephen Murray became it’s chief executive officer. In this position, he helped CCMP Capital to manage a wide variety of companies ranging from hospitals to bargain outlets.

Read more: This Old Thing? Private Equity Honcho Drops Little Place Uptown for $11M

In addition to being a successful CEO, Murray also gave to a number of well known philanthropic organizations. Two of these organizations were the Make-A-Wish Foundation and an organization that provides food to the needy. In addition to philanthropic organizations, he also donated to the Stamford Museum and his two alma matters of Columbia University and Boston College.

Unfortunately, Stephen Murray is no longer with us. He passed away a bit over a year ago during April of 2015. However, he had continued to serve an integral role in CCMP Capital on wsj.com up until around one month prior to his death. Many people with the company and outside of the company have fond memories of him. While it was difficult for the company to go on without him, CCMP Capital is still a thriving company. It can be expected that the company he worked to create will go on for many years to come.

Todd Lubar Achievements in the Real Estate Community

Todd Lubar is a successful serial entrepreneur in the world. Lubar decided to venture into the Real Estate industry in the year 1995. After working in this department for a while, Todd realized that his experience in business and his great desire to help other people would help him succeed and at the same time finance his career.

His first major decision in the business was a loan originator with a company known as Crestar Mortgage Corporation. This was an excellent idea for the businessman because he was able to learn the concept of Mortgage banking. Later on, this knowledge helped him in his career. Todd Lubar has spent most of his career developing unique relationships with different real estate agents, financing planners, CPA’s and insurance agents who are known to form a substantial base as a source of referral business.

After four years, Todd Lubar took an important step in his journey to advance his knowledge by acquiring an equity position. He gained the position with an organization known as the Legacy Financial Group. This was a significant milestone for the business because Todd got an opportunity to expand lending capabilities. He was now able to broke loans to the outside investors and at the same time give loans as a Direct Mortgage bank.

In the year 2002, Todd Lubar realized that it was time to take his Real Estate focus to a better level. He decided to open a company known as Legendary Properties. The company served consumers as a residential development firm. This proved to be a significant milestone to the businessman because there was rapid rehabilitation, the progression of purchasing, profiting and selling on more than two hundred transactions.

Starting Legendary Properties gave the merchant an opportunity to develop unique relationships with different professionals who are experienced in all building trades. This aspect made hi produce high-quality products and in a short duration of time. Todd also managed to establish several relations with some of the major banking companies in the country. He was also able to set credit lines that went as high as twenty million dollars. The businessman continues to do well in his business up to date.

JMH Development finishes a major property in South Beach

Miami is a beautiful city that attracts millions of beautiful people every year. The city has wonderful beaches, bars, and people. Because the city is constantly attracting new and bright people, there is a constant demand for new developments. To keep the city exciting top real estate developers are constantly working with their partners to change life for the better. JMH Development is one of the top real estate developers in the city, and they are constantly working to change Miami for the better.

jason-halpern-game

Recently, JMH Development opened a huge new hotel in South Beach. This new hotel includes 235 rooms and is the ideal building for trendy Miami Beach. Jason Halpern is a major leader at JMH Development, and he is extremely confident in the deal. JMH Development worked on the hotel in partnership with Madden Real Estate Ventures. The development reused an old property, the old Motel Ankara, and it also added an eight-story tower. Plaza Construction handled the construction and the company hired ADD, Inc as the architect for the project. The project went extremely smoothly, and Aloft South Beach opened in 2015.

jason-halpern-party

Since opening in 2015, Aloft South Beach re-branded itself as Gate Hotel. The Gate hotel is a major improvement for hotel goers in South Beach. The hotel offers the nicest possible facilities, and they also offer huge rooms. The average room is 360 square feet, much larger than competing hotel rooms. Gate hotel also offers visitors access to prime waterfront property. The property has access to both Collins Canal and Lake Pancoast, and it is only a block away from Miami Beach. The hotel is sure to be a great success.

jason-halpern-love

JMH Development is extremely proud of this project. The company is a leading full-service real estate development company that is changing the marketplace. Jason Halpern founded the company several years ago. Halpern has years of experience in the field and comes from a talented real estate family. Jason has built a great reputation in the real estate field because he is willing to build relationships with people throughout every city. He expects JMH Development to keep growing for years to come.

jason-halpern-shirt

Making it in the REAL Estate Industry- Boraie Development LLC

Being an entrepreneur like Omar Boraie is one thing and having a successful enterprise is another thing altogether. Real estate business has been growing tremendously in the recent years with investors in the industry getting a high yield in profit. Establishing a real estate company is not an easy task as a huge amount of capital is needed.

Boraie Development LLC is a real estate company that offers a broad range of services in the construction industry. The company was founded by Omar Boraie an Egyptian immigrant who relocated to New Brunswick 40 years ago. Omar is a Ph.D. holder in Chemistry. The company is responsible for providing services such as real estate development, sales, and marketing, as well as property management.

The real estate company constructed a two-tower building in 1985 at 120 Albany Street just to the spring street corner. The founder of the organization describes them the construction of the building as a scramble. Boraie mentioned the intervention of the large pharmaceutical company Johnson and Johnson as a big step that enabled them to construct the building. The Boraie Development LLC of Omar Boraie is proud of what they have been doing, and today they can excitedly stand in the hallway of 120 Albany streets where their headquarters is located and show the number of buildings they have constructed and the ones in progress.

Currently, the Boraie Development LLC on njspotlight.com is putting up a building that will be a New York-style apartment tower at One Spring Street downtown. They have described the apartments to super-high-end and mentioned that there is nothing else that can compete with the apartments in New Jersey. The company has hired a competitive team of architect and are targeting the who is who in the society as their customers.

Boraie Development LLC does not only engage in the construction business but it also a property management firm. They know how important is to manage resources and they have this as their inclusive policy. The organization understands the importance of managing property as it enables them generate extra value to their asset over time. They are responsible for renovating their properties often as well as retaining them with incomparable details. Boraie property management services include maintenance, accounting, administration, leasing, customer service as well as marketing.

Omar Boraie is enthusiastic and devoted to engage their vision, reliability and capital to every project they undertake. The company has been in existence for 30 years and have gained experience in the real estate industry making them the most pursued after company in New Jersey. Their aim is to develop projects that attract tenants, residents and financial partners who see the benefit of their long term proprietorship commitment.

8 Tips For Finding A Rental In Panama

1. Buy below market values

Ensure your purchasing the property at a price to make a profit. After all, the income earned by tenants must be greater than the costs incurred by Adrián José Velasquez Figueroa. It is best to consult a broker who has knowledge of the costs of real estate in Panama, plus you can conduct your own market research.

2. Choose the right neighborhood

Panama City has broad market condominium. Most condos to rent are aimed at those seeking accommodation a short period of time. The market for long-term rentals still exists on dateas.com, but is not as common. For tenants looking for something long term, study neighborhoods midrange.

3. Be aware of the laws of Panama rental

It is recommended that you familiarize yourself with the relevant rules relating to rental real estate in Panama.

4. Make sure there services available

If you are interested in renting your property to quality tenants, then you must ensure access to public and private services. For example: a place to park can be a big problem in certain neighborhoods in Panama City. Many of the newest condominiums also offer pool, gym, private parking, social areas, and security 24 hours a day.

5. Inspect the quality of construction

In Panama, the quality of buildings can vary greatly. It is important to review the history of the developer says Adrián José Velasquez Figueroa. It is recommended to seek the services of a licensed housing inspector to help you identify any potential maintenance problems. Many dangers lurk in real estate.

6. Managing rental property

If you do not live or plan to live full time in Panama, consider rental property administration like Adrián José Velasquez Figueroa. Absent Homeowners run into problems that could have been prevented if they had been living near the property.

7. Something big is not always better

When considering buying a rental property, be sure to analyze the market. Something big is not always better. Consider the number of rooms it has, restrooms, kitchen appliances, if you rent furnished or not, and what kind of services provided.

8. Public services can increase

The cost of public services may vary significantly from one tenant to another. Therefore, you should insist that your tenant place these services in their name and pay them directly. Thus, if costs increase, or tenants fail to pay, you are not responsible.

Sobre Adrián José Velasquez Figueroa
A Venezuela original who is a professional executive within five major companies of Panama. Sr. Adrián José Velasquez Figueroa plays a vital role in the Panamá business community. He helps businesses to grow, mentor young adults, and Adrián José Velasquez Figueroa strives to improve the economic conditions.

An Extensive Look at what Motivates Keith Mann

UPDATE: October 20, 2016

Keith Mann and Dynamic Search Partners have partnered with Uncommon Schools to help the students succeed. He’s offering a scholarship to two lucky students. The group is based in New York City and each year it gives a scholarship to one senior from the uncommon school’s a Brooklyn-based high school. Mann is an advocate for education as well as a philanthropist.

For more information: http://www.prnewswire.com/news-releases/dynamics-search-partners-launches-partnership-with-uncommon-schools-in-nyc-226729301.html

As a key leader in the executive search industry for more than 15 years, Keith Mann has navigated the complicated world of hedge fund management and private equity – and become an expert in hiring strategy for the financial sectors all over the world. Formerly Keith worked as the managing director of Dynamics Executive Search, a global financial service staffing company, where he recruited the very best in the business for key positions. In 2002, Keith Mann established the Alternative Investment Practice department at Dynamics Executive Search when he began to see that the hedge fund staffing industry was a quickly growing yet grossly underserved market. In 2006, Keith moved his skills into the private equity industry – setting up Dynamics Search Partners as the company to use to get the very best executives into roles in the financial sector. Today Keith Mann serves as the CEO of Dynamic Search Partners – running the management of the firm and helping clients develop strategies for hiring and marketing. His clients are located all over the world—from Asia to the United States—and are part of a growing 200-client family every year.

How did you come up with the idea for Dynamics Search Partners?

I grew up in New York around many financial executives, but over time, I noticed there was a lack of qualified managers with experience running alternative investment departments. When it came time to launch Dynamics Search Partners, I was working at a previous firm called Dynamics Associates. I wanted our branding to be seamless. That’s how we came about.

What’s a day like in your life?

It’s extremely busy. I barely have enough time to get lunch some days – but I try to fit that in. I exercise every day before work so I can stay energized at the office and I’m ready for meetings and calls throughout the day. And email—I answer a lot of email. I try to be as productive as possible by taking one task at a time and staying focused.
How do you get your ideas in motion?

I’m a big problem-solver. I’m always looking for new ways to make things better. If I see a need, I want to figure out how to meet it in the best way—whether that’s finding a way to change the process for interviewing executives or strategy for how we find new and more diverse candidates.

What are you excited about right now?

I’m excited about the way we are working to diversify our candidate pool. I want to find the best candidate for each position. I’m constantly looking for new people who surprise me and bring a rich and diverse experience to the industry.

What’s your key to productivity?

It goes back to that morning gym visit. I can’t stay focused if I miss my early workout. This can be extremely challenging to keep up – but that’s why I try to get into bed early so I’m ready for that alarm in the morning!

Tell me about your worst job. What did you learn from it?

I hated working as a trading assistant on a foreign exchange desk for a large bank. It was the worst. I learned a lot, of course, but I knew very quickly it wasn’t for me. I wanted to be in charge of my own work, be my own boss at the end of the day.

What would you do differently, if you could?

Honestly, I wouldn’t do anything differently. I love my job. I love the people I work with. They teach me knew things every day, and I’m thankful for the privilege of being surrounded by such incredible and talented people.
What’s your best advice for entrepreneurs?

I tell them not to be afraid to ask for help. Don’t assume your first decision is your best one. Go back, revise, rethink, be open to other ideas and directions.

What’s a key strategy that you’ve used to grow your business?

I can’t do my work without the very best technology behind us. We’ve created a seamless portal online that helps us collect and vet all our candidates and to manage our clients. It saves us time and money, and it helps us to streamline our hiring process. I’ve learned to be open to technology and to see where it can take us in the future. That energizes me and makes me excited for where we can take our business.

What about failure? How have you failed and what did you learn?

Sometimes in the hiring process you know you’ve got a great candidate but the employee ends up not being a good fit for the company. Early on, I had a situation like that. We had to break with the candidate. In the process I learned the importance of making sure both experience and personality are a match for the company.

If I gave you $100 and asked you to spend it now, what would you do?

I’d take my kids to a pizza-making class. They love pizza, and they love to cook with me in the kitchen.

What’s your favorite software product?

I’m a super fan of Google.

I love working in Google drive on documents and spreadsheets with my team. It’s great to collaborate in one place. I also love LinkedIn. Leveraging that platform has been a huge asset to our work.

What book is on your bedside table?

I’m reading Thinking, Fast and Slow by Daniel Kahneman. It’s an inspiring read to anyone who wants to rise in their industry and find their passion along the way.

Who do you look up to?

I really admire Michael Bloomberg. His leadership skills are admirable, and I respect the example he set as mayor of New York City and as a businessman and philanthropist.

Keith Mann:

keith-mann

 

Connect:
http://www.dynamicssearchpartners.com

Photo From:

https://ideamensch.com/keith-mann/

 

Stephen Murray is remember as a brilliant business leader

The business world was visibly shaken last year when Stephen Murray passed away at the extremely young age of 52. Stephen Murray had given his career towards building up CCMP Capital and their predecessors, and his loss was felt in both the CCMP Capital offices and throughout the private equity industry. While Stephen is gone now his career speaks for itself.

Stephen started his career as a student at Boston College. Stephen received a degree in economics from the school in 1984 and he immediately took a job with Manufacturers Hanover Corporation.

Stephen was trained as a credit analyst at Manufacturers Hanover Corporation, and he excelled in that role. After receiving his MBA from Columbia Business School, Stephen Murray started working for MH Equity Corporation. This group focused on the company’s private equity group and the leveraged finance unit. He excelled at the company, and when they were purchased by Chemical Bank in 1991, Stephen was in a great position to grow throughout the next decade.

The nineties were a tumultuous time in the banking industry. Chemical Bank was quickly purchased by Chase, which later merged with JP Morgan. Stephen Murray continued to keep working hard and he built a reputation as a brilliant and hard worker within the company. When JP Morgan Chase was looking to spin-off their private equity division, Stephen was an obvious choice to lead the new company.

In August of 2006, CCMP Capital spun off from JP Morgan Chase, Stephen was named CEO of the company in 2007. While with CCMP Capital, Stephen Murray turned the company into an extremely powerful private equity firm. They now have $12 billion in leveraged buyout funds, and they are now the 17th ranked private equity funds in the world. The company has a great reputation, but they were saddened when Stephen left the company and quickly died.

Stephen is dearly missed at CCMP Capital on Patch, but the company plans to keep running for years to come. The leadership team has come together to preserve Stephen’s legacy. Stephen has left a brilliant legacy behind at CCMP Capital that will last for years to come.

Stephen is dearly missed at CCMP Capital, and he left a brilliant legacy behind. He gave generously to several charities, including the Make-A-Wish foundation and his alma maters. He also advised several other companies and he is well known for his contributions. Hopefully, Stephen’s impact will be felt for years to come.