Lifestyle
Jim Bernhard’s Legacy: A Titan of Business and Community Impact
The business community and local residents mourn the passing of Jim Bernhard, a prominent figure in Louisiana’s economic landscape, who died recently. Known for his remarkable contributions across decades and industries, Bernhard was the founder of The Shaw Group, an engineering and design powerhouse that influenced sectors worldwide.
From Humble Beginnings to Business Titan
Born in Baton Rouge in 1954 and raised in Lafayette, Bernhard graduated from Louisiana State University (LSU) in 1976 with a degree in construction management. His career began at Sunland Services, where he quickly rose to the position of executive vice president and general manager. In 1987, identifying a gap in the market, he partnered with two friends to acquire the assets of a bankrupt company for $50,000, thus establishing The Shaw Group.
Under Bernhard’s leadership, the company transformed into a Fortune 500 entity, with revenues nearing $6 billion and a workforce of 4,000 in Louisiana and 23,000 globally by the time it was sold to CB&I in 2013. Notably, it was the only Fortune 500 company headquartered in Baton Rouge.
A Vision for Louisiana and Community Engagement
Following the sale of The Shaw Group, Bernhard founded Bernhard Capital Partners, which rapidly became the largest private equity firm between Atlanta and Houston. Throughout his career, he remained a staunch advocate for Louisiana, often emphasizing its potential as a favorable place for business development.
Bernhard’s influence extended into political realms, where he was actively involved with the Louisiana Democratic Party. He chaired Kathleen Blanco‘s gubernatorial campaign in 2003 and led the party during the aftermath of Hurricane Katrina, although he resigned shortly thereafter. His company played a crucial role in the rebuilding efforts that followed the disaster.
Although he contemplated a run for governor in both 2015 and 2019, Bernhard ultimately supported John Bel Edwards, who won both elections. His commitment to community welfare is evident in initiatives such as the Shaw Center for the Arts in Baton Rouge, which revitalized the downtown area with a significant donation of $4 million from The Shaw Group. He also supported various charitable organizations, including No Kid Hungry and local educational institutions.
As family, friends, and colleagues gather for Bernhard’s funeral, his legacy serves as a reminder of the profound impact one individual can have on a community. His dedication to improving Louisiana and fostering a vibrant business environment leaves a lasting impression. The state has lost a significant advocate, and many hope to see his spirit of generosity and commitment to community continue through others.
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