Gulf Island Fabrication (market cap $143 million) has appointed Wes Stockton as its new CFO and Treasurer. Gulf Island is a diversified steel fabrication and energy service company with its head office in west Houston
Prior to joining Gulf Island, Mr Stockton spent 15 years at CB&I, most recently as its Chief Accounting Officer, until its recent takeover by McDermott International. Mr Stockton started his career at PricewaterhouseCoopers.
Mr Stockton will receive a base salary of $330,000. He replaces David Schlorlemer who left a month ago to become the CFO at Basic Energy, based in Fort Worth.