Mary Carroll Murphy, an accomplished business leader and former Fortune 500 executive, hails from Western Massachusetts but has made her mark in Hillsborough County, New Hampshire. Recruited by Digital Equipment Corporation in 1990, she relocated to Bedford, New Hampshire, to lead marketing initiatives for innovative integrated office systems. Her career has spanned several states and countries, earning her numerous awards in information technology and financial services.
Currently, she serves as the CEO of Cost Cures, a disruptive software company she founded in 2024, based in Peterborough, New Hampshire. This pioneering firm is dedicated to improving nationwide healthcare affordability through enhanced price transparency for dental, healthcare, and vision services. Under her leadership, the company is developing an AI-powered database that enables users to find affordable self-pay, cash, or negotiated prices for various medical services across the United States. Additionally, she is spearheading the integration of telemedicine and concierge services, which will be accessible directly through their website and a mobile application.
Alongside her technological endeavors, she and her husband launched Black Shoals Farm in 2022 in Francestown, New Hampshire. This non-GMO, chemical-free farm focuses on sustainable agriculture, producing fruits, vegetables, edible flowers, and medicinal herbs.
Her significant achievements in finance began in 2011 when she became the first-in-the-nation Charles Schwab Independent Branch franchisee. By early 2022, she had grown her franchise to manage nearly $1 billion in assets. Her innovative work was recognized with the Charles Schwab Champion Award, leading to her selling the franchise later that year.
Her early career began in 1979 at what is now Eversource. She quickly advanced through the ranks, becoming a key player at ITT/Hartford Insurance Group and later taking on senior roles at high-profile tech firms, including IBM/Lotus Development, which took her to Europe to lead a division focused on public Internet and email applications.
After a hiatus in 2001 to care for her parents, she earned an M.Ed. from Rivier University in 2004. Briefly, she taught before returning to the financial sector with UBS Financial Services and MassMutual.
She graduated from Bridgewater State College in 1978 with a bachelor's degree in communications, arts, and sciences and from Rivier University with a master's degree in Education, both institutions laying a solid foundation for her illustrious career.
Her contributions to the industry have been recognized through numerous awards, including the DEC 100 and Decathlon sales awards from Digital Equipment Corporation, an Electronic Mail Association Leadership Award, and several honors from IBM/Lotus and Charles Schwab for her pioneering contributions.
Beyond her professional life, Mary Carroll Murphy and her husband are committed philanthropists, supporting local organizations and community projects in New Hampshire. She serves on the board of trustees at Rivier University, actively participating in governance to foster the institution's mission.
Residing in Francestown with her husband and their Belgian Malinois, she enjoys a rich personal life marked by a passion for sustainable living, reading, kayaking, and culinary pursuits. These passions make her a prominent figure both professionally and in her community.
Town of Francestown, Hillsborough County, New Hampshire, United States