Former Chairman, TEPPCO Partners
Mr. Murray Hutchison retired in 1997 as Chairman and Chief Executive Officer of the IT Group (International Technology Corporation) after serving in that position for over 27 years. IT, a New York Stock Exchange company, is one of the largest environmental engineering and construction companies in the world with over six thousand employees. He joined a predecessor company in 1964 and was responsible for strategically managing the growth of the company from $330,000 to $2,500,000 in annual sales.
In 1999, the Board of Directors of Sunrise Medical, a publicly traded medical equipment manufacturer, asked Hutchison to serve as Chief Executive Officer and Chairman of the Board. Hutchison reorganized Sunrise and it was sold in late 2000 to a group of private investors at a seventy nine percent premium to its publicly traded price.
He was also Chairman and CEO of TEPPCO (Texas Eastern Product Pipelines), one of the largest pipeline companies in the US, which was merged with Enterprise Product Partners.
Hutchison serves as a Trustee on the Hubbs-SeaWorld Research Institute board; served as the Chairman of the Board of Huntington Hotel Corporation and of Research Design, Inc.; served on the Board of Directors of Jack in the Box; and currently serves on the Board of Directors of Cadiz, Inc., The Olson Company, and the San Diego Zoo Global Foundation, which he formerly served as Chairman. Mr. Hutchison was a member of the University of California Berkeley Foundation and served on the Board of Management of the University of California Berkeley Haas Graduate School of Business Administration for over 30 years.
Hutchison is a graduate of the University of California at Berkeley, earning a BS degree in economics. In addition he received a Bachelor of Business Administration in Foreign Trade from the American Graduate School of International Management, where he was honored as a Distinguished Alumnus.
Hutchison and his wife, Victoria, reside in Rancho Santa Fe and enjoy a family of ten children and seventeen grandchildren.