David Murray (CEO)
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David Murray (born 1949) is an Australian businessman who was the Chief Operating Officer of the Commonwealth Bank for 13 years until his resignation in 2005. In David Murray’s 13 years as Chief Executive, the Commonwealth Bank transformed from a partly privatised bank with a market capitalisation of $6 billion in 1992 to a $49 billion integrated financial services company, generating in the process total shareholder returns (including gross dividend reinvestment) at a compound annual growth rate of over 24 per cent, one of the highest total returns of any major bank in Australia.
