Strada Education Network, an Indianapolis-based national nonprofit, has named Matt Murphy III executive vice president and chief financial officer. He will work with current Executive Vice President and CFO Steve Ham to lead the finance, accounting, audit and treasury functions for Strada Education Network until Ham’s retirement later this year.
Murphy has experience in financial management, investment strategy, mergers and acquisitions, operations, and business development from his 31-year career with several large Indianapolis-based companies. In 1996 he joined Mays Chemical, where he worked in progressive leadership roles spanning business development, finance and administration, investments and corporate development, and strategy.
Also, Murphy spent 10 years with Huntington National Bank of Indiana, where he became senior vice president of Corporate Lending, Marketing and Business Development. He also serves as chief operating officer and principal at BWI, a holding company with entities that provide real estate development/consultation for affordable housing projects, property/asset management, construction management and electrical construction.
In addition to his professional positions, for more than 20 years, Murphy has been a governor appointee to boards overseeing the Indiana Health Facility Financing Authoring, Indiana State Teachers Retirement Fund, Public Employee Retirement Fund of Indiana and the Indiana Secondary Market for Education Loans Inc.
He holds a bachelor’s degree in management and administration from the Indiana University Kelley School of Business, where he serves on the advisory board for the Johnson Center for Entrepreneurship & Innovation. Murphy also is a member of the Lynx Capital Corp. board and investment committee and the boards of Monument Capital Partners, Heron Capital Venture Fund and the Community Investment Fund of Indiana Inc.
Murphy has received the Coalition of Minority Business Development and Indy Chamber William Henry Entrepreneurial Achievement Award as well as the Center for Leadership Development Minority Achievement Award in Finance.