Gulf Island Fabrication, Inc. Announces Executive Changes
August 24, 2021 at 05:11 pm EDT
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On August 19, 2021, Robert A. Wallis, Chief Accounting Officer of Gulf Island Fabrication, Inc., who acted as the Company’s principal accounting officer, notified the Company of his resignation. On September 3, 2021, Mr. Wallis will leave the Company to pursue another opportunity. On August 24, 2021, the Company’s Board of Directors approved Westley S. Stockton to act as the Company’s principal accounting officer, effective September 3, 2021. Mr. Stockton will continue to serve as the Company’s Chief Financial Officer, Treasurer and Secretary.
Gulf Island Fabrication, Inc. is a fabricator of complex steel structures and modules. The Company is also a provider of specialty services, including project management, hookup, commissioning, repair, maintenance, scaffolding, coatings, welding enclosures, civil construction and staffing services for the industrial and energy sectors. The Company operates through two divisions: the Services Division, and the Fabrication Division. Services Division provides maintenance, repair, construction, scaffolding, coatings, welding enclosures and other specialty services on offshore platforms and inland structures and at industrial facilities. It also provides services required to connect production equipment and service modules and equipment on offshore platforms. Fabrication Division fabricates modules, skids and piping systems for onshore refining, petrochemical, industrial facilities, and offshore facilities; fabricates foundations, secondary steel components and support structures.