Who is Phil Murphy? Phil Murphy, the 56th Governor of New Jersey, has a rich background in finance, diplomacy, and politics. Born on August 16, 1957, in Needham, Massachusetts, Murphy's journey from a middle-class upbringing to a prominent political figure is inspiring. He graduated from Harvard University and later earned an MBA from the Wharton School. Murphy's career took off at Goldman Sachs, where he rose to significant leadership roles. He also served as the U.S. Ambassador to Germany under President Obama. As Governor, Murphy has focused on progressive policies, including raising the minimum wage and addressing the gender pay gap. His dedication to public service and social justice is evident throughout his career.
Key Takeaways:
- Phil Murphy, the Governor of New Jersey, began his journey in Massachusetts and rose from Harvard to Goldman Sachs before entering politics and philanthropy.
- Murphy's career spans finance, politics, and philanthropy, and his tenure as Governor of New Jersey has been marked by progressive policies and significant challenges, including the COVID-19 pandemic.
Early Life and Education
Phil Murphy's journey began in Massachusetts, where he was born and raised in a middle-class family. His early years were shaped by his parents' dedication and hard work.
- Murphy was born on August 16, 1957, in Needham, Massachusetts.
- He grew up in Needham and Newton, Massachusetts.
- His family was Irish American, with parents Dorothy Louise and Walter F. Murphy.
- Murphy's parents were enthusiastic supporters of John F. Kennedy.
- He graduated from Needham High School in 1975, alongside future Massachusetts Governor Charlie Baker.
- Murphy attended Harvard University, earning a Bachelor of Arts degree in economics in 1979.
- At Harvard, he was president of the Hasty Pudding Theatricals, a theatrical student society.
- He later attended the University of Pennsylvania's Wharton School, receiving an MBA in 1983.
Career at Goldman Sachs
Murphy's professional life took off at Goldman Sachs, where he spent over two decades rising through the ranks and making significant contributions.
- Murphy began his career with a summer associate internship at Goldman Sachs in 1982.
- He was hired full-time after graduating from Wharton in 1983.
- By 1999, Murphy became a member of the firm’s management committee.
- In 2001, he became global co-head of the firm's Investment Management Division.
- By 2003, this division had $373 billion in holdings.
- Murphy's day-to-day responsibilities at Goldman Sachs ended in 2003.
- He retired from Goldman Sachs in 2006 after a 23-year career.
Political and Diplomatic Roles
Murphy transitioned from finance to politics, taking on significant roles within the Democratic Party and serving as a U.S. Ambassador.
- After leaving Goldman Sachs, Murphy served as the National Finance Chair of the Democratic National Committee from 2006 to 2009.
- He played a crucial role in financing Howard Dean's "50-state strategy."
- Under Murphy's leadership, the DNC raised over $300 million.
- He was a superdelegate during the 2008 Democratic presidential primaries.
- In 2009, Murphy was appointed U.S. Ambassador to Germany by President Barack Obama.
- He served as Ambassador until 2013, dealing with the fallout from the United States diplomatic cables leak.
Civic and Philanthropic Pursuits
Murphy has been deeply involved in various civic and philanthropic activities, demonstrating his commitment to social causes.
- He has led and supported charities for troubled teens and domestic abuse survivors.
- Murphy served as a member of the Board of Directors of the Local Initiatives Support Corporation.
- In 2002, he began his involvement with 180 Turning Lives Around, a Monmouth County women’s shelter.
- He served as Board president of 180 Turning Lives Around from 2005 until 2009.
- Murphy and his wife established the teen helpline 2nd Floor.
- From June 2015 until March 2017, Murphy served on the National Board of the NAACP.
- In 2014, Murphy and his wife founded New Start New Jersey, a think-and-do tank.
Governorship of New Jersey
Murphy's tenure as Governor of New Jersey has been marked by progressive policies and significant challenges, including the COVID-19 pandemic.
- Murphy became the 56th Governor of New Jersey on January 16, 2018.
- He won re-election in 2021, becoming the first Democrat since 1977 to do so.
- His first term was overshadowed by the COVID-19 pandemic.
- In 2019, opponents launched a recall petition effort against him, which failed.
- Murphy has had two lieutenant governors: Sheila Oliver (2018–2023) and Tahesha Way (2023–present).
- As of April 11, 2020, Murphy had signed 24 executive orders to deal with the pandemic.
- He emphasized that public health creates economic health during the pandemic.
Legislative Achievements
Murphy has supported and signed various pieces of legislation aimed at improving the lives of New Jersey residents.
- He supported legislation to close the gender pay gap and increase the minimum wage to $15 per hour.
- His first official action as governor was an executive order to support equal pay for women in state government.
- In May 2018, Murphy signed legislation requiring all employees to be entitled to paid sick leave.
- In January 2019, Murphy worked to raise the minimum wage to $10 per hour in 2019 and $15 per hour by 2024.
- A law effective January 1, 2020, made it illegal to ask for previous salary histories in job applications.
Phil Murphy's Impact and Legacy
Phil Murphy's journey from a middle-class upbringing to becoming New Jersey's 56th Governor showcases a life dedicated to public service, finance, and philanthropy. His tenure at Goldman Sachs, role as National Finance Chair of the DNC, and service as U.S. Ambassador to Germany highlight his diverse skill set. As Governor, Murphy has focused on progressive policies, tackling challenges like the COVID-19 pandemic, and advocating for economic and social justice. His efforts in closing the gender pay gap, increasing the minimum wage, and supporting sick leave legislation reflect his commitment to improving lives. Murphy's civic engagement, from founding New Start New Jersey to serving on the NAACP Board, underscores his dedication to community and equality. Through his leadership, Murphy continues to shape New Jersey's future, leaving a lasting legacy of progress and compassion.
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