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Stock Market & Financial Investment News

News Breaks
December 13, 2012
19:03 EDTGIFIGulf Island Fabrication appoints Kirk J. Meche CEO
Gulf Island Fabrication announced the appointment of Kirk J. Meche as the company's new CEO and president effective January 1, 2013. Meche will replace Kerry J. Chauvin, who will step down as CEO and chairman of the board on January 1, 2013 due to his health. John P. Laborde, a member of the company's board since 1997, will assume the role of chairman of the board. The company expects to enter into an agreement with Chauvin pursuant to which Chauvin will serve as a consultant to the board and management following his resignation.
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August 11, 2014
13:50 EDTGIFIGulf Island Fabrication announces project award from Arena Offshore
Gulf Island Fabrication announced that, through its subsidiary Gulf Island L.L.C., it has received an award letter from Arena Offshore, LP for the fabrication of two Jacket/Piles and Topsides for Arena’s projects located in the Gulf of Mexico. Delivery for these units is set for late second quarter 2015. Revenue backlog and man-hours associated with this project will be reported in connection with the company’s announcement of financial results for the quarter ending September 30.

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