Gulf Island Fabrication Appoints Richard Heo as Chief Executive Officer
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Richard Heo
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Gulf Island Fabrication has appointed Richard W. Heo as president and chief executive officer. Richard has also been appointed to serve as a director of the company. He will replace Kirk J. Meche, who has served as the company’s president and chief executive officer since 2013. Kirk will assist the company with the leadership transition.
Richard Heo brings more than 20 years of engineering, procurement, fabrication, and construction industry experience to Gulf Island. Most recently, he served as senior vice president of North, Central, and South America for McDermott International. Richard previously served as executive vice president of Fabrication Services for Chicago Bridge & Iron N.V. and president of CB&I’s Engineered Products business unit. Prior to joining CB&I, he served in various senior leadership positions at KBR. Richard holds an MBA from Tulane University, a PhD in Organic Chemistry from the University of Houston and a BS in Biochemistry from Trinity University.
“The board would like to welcome Richard as our next CEO,” said Jack Laborde, Gulf Island’s chairman of the board.
“Richard has extensive industry knowledge and is a proven business leader with a track record of building highly functional sales and operations teams and successfully converting new ideas into sustainable and profitable revenue growth. Richard understands the risks and opportunities inherent in our business and the board is confident he is the right leader for the company as we move forward,” added Laborde.
“I am honored and privileged to serve Gulf Island and our customers,” said Richard Heo.
“I am excited to build on the legacy of the strong fabrication and services capabilities of our employees and look forward to continuing the tradition of serving our customers with a focus on performance, quality and safety. I am also eager to meet our shareholders and am committed to taking the steps necessary to maximize shareholder value,” added Heo.
About Gulf Island
Gulf Island is a leading fabricator of complex steel structures, modules and marine vessels used in energy extraction and production, petrochemical and industrial facilities, power generation, alternative energy and shipping and marine transportation operations. The company also provides project management, installation, hookup, commissioning, repair, maintenance and civil construction services. The company operates and manages its business through three operating divisions: Fabrication, Shipyard, and Services, with its corporate headquarters located in Houston, Texas and operating facilities located in Houma, Jennings and Lake Charles, Louisiana.
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