Gilbane Commits $4B To Diversity, Will Strive Again to Hit 20% Goal
Post date
March 11, 2022
Body
Joe Bousquin, Construction Dive
Gilbane doubled down on its industry-wide push for more diversity in construction, committing $4 billion in contract awards to underrepresented firms over the next five years, including veteran, minority and women-owned businesses.
Annualized, the amount would represent about 13% of Gilbane's revenues, which were $6.2 billion in 2021.
In an exclusive interview, recently appointed President and CEO Thomas Laird said Gilbane's executive bonuses could potentially be tied to hitting diversity goals in the future.