Gulf Island Fabrication, Inc. announced that Jack Laborde has informed the Board of Directors of his intention to step down as Chairman of the Board following the 2020 annual shareholders’ meeting. As set forth in the Company’s corporate governance guidelines, the corporate governance and nominating committee will review and recommend a new Chairman for the Board of Directors to consider. The Board also reaffirmed its commitment to reduce the overall size of the Board of Directors by two members no later than immediately following the Company’s 2020 annual shareholders’ meeting.