Peter Murphy (executive)

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]

Peter Murphy
Born
Peter E Murphy

1962
Massachusetts
OccupationEntertainment executive
Years active1988–present

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: TRBAA) [4] serving as chairman of the audit committee, Revel Entertainment,[5] where he serves as the chairman of the board, and Malibu Boats (NASDAQ: MBUU)[6] where he serves as chairman of the compensation committee. Previously, Murphy served on the Board of Directors for Fisher Communications (NASDAQ: FSCI) [7] and Dial Global (NASDAQ: DG).[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: DIS) 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.

References
  1. Kathleen Sharp (March 30, 2005). "Peter Murphy: The Man Behind the Mouse". Variety. Retrieved 17 October 2011.
  2. "Harrah's hires former Disney executive for new position". Las Vegas Sun. October 19, 2009. Retrieved 17 October 2011.
  3. Arnold M Knightly (19 October 2009). "Harrah's taps former Disney executive". Las Vegas Review-Journal. Retrieved 19 October 2011.
  4. "Who are the new Tribune board members?". Chicago Sun-Times. 31 December 2012. Retrieved 16 January 2013.
  5. "Revel Approved to Exit Bankruptcy as Casino Owner Cuts Debt". Bloomberg BusinessWeek. 13 May 2013. Retrieved 21 August 2013.
  6. "Malibu Boats Inc Class A". Morningstar.com. 26 March 2014. Retrieved 26 March 2014.
  7. "Fisher Communications Elects Peter E. Murphy to Its Board of Directors". Yahoo! Finance. 12 January 2012. Retrieved 28 June 2012.
  8. "Dial Global Completes Merger With Westwood One; Creates Leading Network Radio Company". MarketWatch. 21 October 2011. Retrieved 24 October 2011.
  9. Alexandra Berzon (October 22, 2009). "New Harrah's Executive to Focus on Overseas Growth". Wall Street Journal. Retrieved 17 October 2011.
  10. James Bates (May 21, 1998). "Murphy 2nd Top Executive to Leave Disney in Month". Los Angeles Times. Retrieved 17 October 2011.
  11. "Canal Plus Names Trio to Head Reorganized U.S. Operations". Los Angeles Times. Retrieved 18 October 2011.
  12. "ABC Picks New Chief Financial Officer". New York Times. 4 August 1998. Retrieved 18 October 2011.
  13. Merissa Mar (March 28, 2005). "Disney Cuts Strategic-Planning Unit". Wall Street Journal. Retrieved 30 October 2015.
  14. James B. Stewart (2005). DisneyWar. Simon & Schuster UK Ltd.
  15. Laura M Holson (March 26, 2005). "Disney Intends to Overhaul Planning Unit". New York Times. Retrieved 17 October 2011.
  16. Carl Diorio (17 February 2004). "Muppets moving to Magic Kingdom". Variety. Retrieved 19 October 2011.
  17. http://www.dartmouth.edu/~denet/education_and_events/documents/IENTsyllabus-partical-forposting.pdf
  18. "Class of 1984". Retrieved 18 October 2011.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.