Gulf Island Fabrication, Inc. announced that its Chairman of the Board of Directors, Michael A. Flick, will retire effective upon the expiration of his current director term in connection with the Company's 2022 annual meeting of shareholders. With Mr. Flick's retirement in connection with the 2022 annual meeting, the Board will be reduced to six members. The Board unanimously elected William E. Chiles as Chairman of the Board to succeed Mr. Flick following the 2022 annual meeting.

Mr. Chiles has been a Board member since 2014 and is currently the chairman of its Compensation Committee and a member of the Audit Committee.