After graduating from Boston College in 1971, John V. Murphy began his career at Arthur Andersen & Co.
In 1977, the certified public accountant became one of the original eight founders of Liberty Financial Companies Inc., where he worked for 16 years as senior vice president and chief financial officer. Murphy next led various businesses for MassMutual Financial Group, including its 401(k), defined benefit, annuity, international and trust businesses. In 1993, he helped launch Concert Capital, an institutional investment management subsidiary of MassMutual, and became executive vice president and chief operating officer when it was merged into David L. Babson & Co. in 1995, now named Babson Capital Management LLC.
Murphy was appointed chairman of OppenheimerFunds Inc. in 2001 and has also served as the company's president from 2000 to 2007 and as its chief executive officer from 2001 to 2008.
During this period, Murphy was named as one of the "30 Most Influential People in Investing" by SmartMoney magazine. In 2007, he was named chairman of the Investment Company Institute, serving as a member of the trade association's executive committee for six years and as chairman of its general membership meeting in 2005.
Murphy, 60, is a recipient of the New York Governor's Committee on Scholastic Achievement Man of the Year Award, the National Foundation for Teaching Entrepreneurship's Entrepreneur of the Year, the Ellis Island Medal of Honor and the John P. Curley 13 Outstanding Volunteers Award. He currently sits on the Boston College board and serves as the co-chairman of the Boston College Wall Street Council board of directors.
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