Robert A. Bernhard
Robert A. Bernhard | |
---|---|
Born | Robert Arthur Bernhard March 14, 1928 New York City |
Died | July 4, 2019 Lincoln Center Institute, Albert Einstein College of Medicine, Metropolitan Museum of Art, Cooper Union | (aged 91)
Spouses |
|
Children | 4 |
Parent(s) | Richard Jaques Bernhard Dorothy Lehman Bernhard |
Family | Adele Lewisohn Lehman (grandmother) |
Robert Arthur Bernhard (March 14, 1928 – July 4, 2019)[1] was an American banker best known as the last Lehman Brothers descendant to serve as partner of the firm.[2]
Life and career
Bernhard was born in 1928 to a
Bernhard joined Lehman Brothers in 1953, and became General Partner in 1962. At Lehman Brothers, Bernhard was Head of Investment Management Division and served on the Boards of the Lehman Corporation and the One William Street Fund.[3] Bernhard left Lehman Brothers in 1972, becoming a partner at Salomon Brothers in 1974 until its merger with Phibro in 1981.[4]
In 1981, he opened his own firm, Bernhard & Associates.[5] In 1990 it merged with Orson Munn & Company to create Munn, Bernhard & Associates (MB Investment Partners). In 1997 he became a partner of McFarland Dewey & Company.[6][3]
Bernhard is a Life Trustee of
Cooper Union
Bernhard was chairman of the board of The Cooper Union for the Advancement of Science and Art from 1995 to 2004 and served on the board of trustees from 1975 until 2016. He was responsible for choosing George Campbell Jr. as successor to John Jay Iselin as president of the school.[8]
A friend of Jerry Speyer, Bernhard was involved in the Tishman Speyer bid to take over management of the Chrysler Building, the land under which is Cooper Union's biggest asset, by agreeing to Tishman's proposal for a new lease for the building.[9]
Personal life
In 1949, he married Frances Wells; they had 4 children: Adele, Michael, Susan, Steven. In 1970, he married Joan Mack Sommerfield.[10] He died in Greenwich, Connecticut on July 4, 2019.[11]
References
- ^ a b Rosenberg, Jennifer Jewish Women's Archive: "Dorothy Lehman Bernhard (1903 – 1969)". Retrieved January 28, 2017
- ^ Brostoff, Marissa (September 18, 2008). "The Lehmans? They've moved on. Sad? A little". The Forward. Retrieved 28 March 2016.
- ^ a b c d e f "Robert A. Bernhard: Executive Profile & Biography". Bloomberg. 15 June 2023.
- ^ Arenson, Karen (August 5, 1981). "Merger of Salomon Impresses Analysts". The New York Times.
- ^ Glaberson, William (October 11, 1987). "Life After Salomon Brothers". The New York Times.
- ^ "Robert A. Bernhard". Cooper Union.
- ^ "Staff" Temple Emanu-El website
- ^ Holloway, Lynette (November 18, 1999). "Cooper Union Picks Physicist as First Black President". The New York Times.
- ^ Pogrebin, Robin & Bagli, Charles (June 2, 2004). "New York's Cultural Power Brokers; Mixing the Real Estate Business and Everyone's Pleasure". The New York Times.
- New York Times. August 2, 1970. Retrieved March 23, 2018.
- ^ "Robert Bernhard Obituary". The New York Times. July 7, 2019.