Peter Murphy (executive) explained

Peter Murphy
Birth Name:Peter E Murphy
Birth Date:1962
Birth Place:Massachusetts
Occupation:Entertainment executive
Years Active:1988–present

Peter E Murphy (born 1962) is an American businessman and founder of Wentworth Capital Management. He was chief strategic officer of Disney[1] and President, Strategy & Development of Caesars Entertainment Corporation.[2] [3]

Current

Peter E. Murphy is the founder of Wentworth Capital Management, a private investment and venture capital firm focused on media, technology, and branded consumer businesses. Wentworth advises and invests in early and late stage growth businesses in digital media, television, and entertainment. Murphy also serves on the Board of Directors of various media and digital companies, including Tribune Company (NASDAQ:) [4] serving as chairman of the audit committee, Revel Entertainment,[5] where he serves as the chairman of the board, and Malibu Boats (NASDAQ:)[6] where he serves as chairman of the compensation committee. Previously, Murphy served on the Board of Directors for Fisher Communications (NASDAQ:) [7] and Dial Global (NASDAQ:).[8]

Apollo and Caesars Entertainment

From 2009-2011, Murphy served as President, Strategy & Development of Caesars Entertainment,[9] an Apollo-TPG portfolio company and the world’s largest gaming company. He was responsible for corporate strategy and growth, mergers & acquisitions, corporate development, and real estate development around the world. Prior to Caesars, Murphy was an operating partner at the private equity firm Apollo Global Management focused on media and entertainment investing.

Disney

Murphy spent 18 years at The Walt Disney Company (NASDAQ:) in senior executive roles, serving as Disney’s senior executive vice president, chief strategic officer,[10] [11] senior advisor to the CEO, a member of the company's executive management committee, and CFO of ABC, Inc.[12] He was responsible for strategy, new business development, mergers and acquisitions, technology, brand management, and long term planning for the growth of Disney's global businesses. The "Strategic Planning" department he headed was reviled by other Disney employees and was blamed by some for supposed missteps Disney took towards the end of the Eisner era.[13] [14] During his tenure the company grew from ~$5 billion in revenue to over $35 billion, driven by the acquisition of Capital Cities/ABC which Murphy spearheaded.[15] Other high-profile acquisitions he led include Miramax Film Corp, Fox Family Worldwide and The Muppets.[16] He was recognized by The Hollywood Reporter in their “Next Generation: Hollywood’s Top 35 Executives under 35” list and lectures regularly at the Tuck School of Business at Dartmouth.[17]

Education

Peter Murphy has a bachelor's degree from Dartmouth College where he graduated Phi Beta Kappa and Magna Cum Laude,[18] and an MBA from the University of Pennsylvania Wharton School of Business.

Notes and References

  1. Web site: Peter Murphy: The Man Behind the Mouse. March 30, 2005 . Kathleen Sharp . . 17 October 2011 .
  2. Web site: Harrah's hires former Disney executive for new position. October 19, 2009 . . 17 October 2011 .
  3. Web site: Harrah's taps former Disney executive . Arnold M Knightly . 19 October 2009 . . 19 October 2011 .
  4. Web site: Who are the new Tribune board members? . . 31 December 2012. 16 January 2013.
  5. Web site: Revel Approved to Exit Bankruptcy as Casino Owner Cuts Debt . https://archive.today/20130825214513/http://www.businessweek.com/news/2013-05-13/revel-approved-to-exit-bankruptcy-as-casino-owner-cuts-debt-1 . dead . August 25, 2013 . . 13 May 2013. 21 August 2013.
  6. Web site: Malibu Boats Inc Class A . Morningstar.com . 26 March 2014. 26 March 2014.
  7. Web site: Fisher Communications Elects Peter E. Murphy to Its Board of Directors . . 12 January 2012. 28 June 2012.
  8. Web site: Dial Global Completes Merger With Westwood One; Creates Leading Network Radio Company . . 21 October 2011. 24 October 2011.
  9. Web site: New Harrah's Executive to Focus on Overseas Growth . Alexandra Berzon . October 22, 2009 . . 17 October 2011 .
  10. Web site: Murphy 2nd Top Executive to Leave Disney in Month . James Bates . May 21, 1998 . . 17 October 2011 .
  11. Web site: Canal Plus Names Trio to Head Reorganized U.S. Operations . 26 October 1993. Los Angeles Times . 18 October 2011.
  12. Web site: ABC Picks New Chief Financial Officer . 4 August 1998 . New York Times . 18 October 2011.
  13. Web site: Disney Cuts Strategic-Planning Unit . Merissa Mar . March 28, 2005 . . 30 October 2015 .
  14. Book: DisneyWar . James B. Stewart . 2005 . .
  15. Web site: Disney Intends to Overhaul Planning Unit. Laura M Holson . March 26, 2005 . . 17 October 2011 .
  16. Web site: Muppets moving to Magic Kingdom . Variety . Carl Diorio . 17 February 2004 . 19 October 2011.
  17. Web site: Archived copy . 2011-10-15 . 2016-03-05 . https://web.archive.org/web/20160305014343/http://www.dartmouth.edu/~denet/education_and_events/documents/IENTsyllabus-partical-forposting.pdf . dead .
  18. Web site: Class of 1984 . 18 October 2011.