 Gulf Island Fabrication, Inc. Gulf Island or the Company GIFI today announced that its Chairman of the Board of Directors the Board, John Jack P. Laborde, will retire effective upon the expiration of his current director term in connection with the Companys 2020 annual meeting of shareholders the 2020 annual meeting. With Mr. Labordes retirement and the anticipated expiration of the terms of two additional directors in connection with the 2020 annual meeting, the Board will be reduced to seven members upon conclusion of the 2020 annual meeting. Mr. Laborde has served as a director of the Company for over 20 years and as Chairman of the Board since 2013. 