Lifestyle
Jim Bernhard: A Legacy of Business and Community Commitment
The business community and local residents mourn the passing of Jim Bernhard, a pivotal figure in Louisiana’s economic landscape, who died recently at the age of 69. Known for his significant contributions to both business and community, Bernhard founded The Shaw Group, which transformed from a small firm into a global engineering powerhouse.
From Humble Beginnings to Business Titan
Born in Baton Rouge in 1954 and raised in Lafayette, Bernhard graduated from Louisiana State University in 1976 with a degree in construction management. He began his career at Sunland Services, where he quickly ascended to the role of executive vice president and general manager. In 1987, recognizing a unique opportunity, he and two partners purchased the assets of a struggling company for $50,000 and founded The Shaw Group.
Under Bernhard’s leadership, the company flourished, eventually securing a spot on the Fortune 500 list. By the early 2000s, The Shaw Group had generated nearly $6 billion in revenues and employed approximately 4,000 individuals in Louisiana, alongside an additional 23,000 worldwide. The company went public and was later acquired by CB&I in 2013, marking a significant milestone in its trajectory.
A Commitment to Louisiana and Its People
Following the sale of The Shaw Group, Bernhard established Bernhard Capital Partners, which quickly grew to become the largest private equity firm between Atlanta and Houston, managing 21 companies. He was a staunch advocate for Louisiana, often stating that it was an excellent place to start and sustain a business. His commitment extended beyond business; he sought to uplift the community through various initiatives.
Bernhard played an active role in politics, notably chairing Kathleen Blanco‘s gubernatorial campaign in 2003 and leading the Louisiana Democratic Party during a critical period following Hurricane Katrina. Although he considered running for governor in 2015 and 2019, he ultimately stepped aside, supporting John Bel Edwards, who won both elections. His firm, The Shaw Group, was instrumental in post-Katrina rebuilding efforts.
Bernhard’s philanthropic legacy includes a $4 million donation to the Shaw Center for the Arts in Baton Rouge, enhancing the city’s cultural landscape. He also contributed to various charities, including No Kid Hungry and local educational institutions like St. George Catholic Church and School and The Dunham School.
As friends, family, and community leaders gather for Bernhard’s funeral, his legacy serves as a reminder of the profound impact one individual can have on both business and community. His dedication to improving Louisiana’s economy and quality of life exemplifies the spirit of leadership and service. The state has lost a remarkable figure, and his vision for a better Louisiana will be remembered.
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