THIBODAUX – Edison Chouest Offshore, a vessel service company based in Galliano, La., recently donated $100,000 to the Nicholls State University College of Business Administration.
The gift will supplement the Capstone Fund, a permanent endowment established in October 2006. The interest earned from the endowment will be used at the discretion of the dean, under the direction of the college’s executive advisory board, to address the college’s greatest needs – including student development, scholarships, faculty/staff development, equipment and software.
“As a 1989 accounting graduate of Nicholls State University, I am proud to represent two generations of Chouest family members who claim Nicholls as their alma mater,” said Dionne Chouest, general counsel for Edison Chouest Offshore and member of the College of Business Executive Advisory Board.
“Edison Chouest Offshore employs many current Nicholls students and alumni. We remain committed to excellence in higher education, and hopefully our contribution to the College of Business Administration’s Capstone Fund will help achieve the goal of a $1 million endowment.”
Dr. Shawn Mauldin, dean of the College of Business Administration, said the gift from Edison Chouest Offshore is a much-appreciated boost to the Capstone Fund, with total commitments currently at $540,000.
“A $1 million endowment will help ensure that we continue to provide quality academic programs from a business college accredited by AACSB International,” Mauldin said.
One of the world’s largest multi-dimensional offshore vessel service companies, Edison Chouest Offshore employs more than 6,000 men and women worldwide and boasts a fleet of more than 140 offshore vessels – most of which were designed, engineered and built at Chouest affiliate shipyards. The company offers a full range of shipbuilding, logistics and port services and is committed to research and development as well as safety education.
Most recently, the company broke ground for LaShip, a new shipyard in Houma, expected to be Chouest’s largest shipbuilding facility. Slated to be fully operational in 2009, the shipyard is projected to add an additional 1,000 jobs to the regional economy.