Gilbane, Inc. Appoints Murray as CFO

Robert J. Murray

Providence, RI – Thomas F. Gilbane, Jr., chairman and CEO of Gilbane, Inc., recently named Robert J. Murray as chief financial officer of Gilbane, Inc.

To help ensure a seamless transition, Murray will work closely with John Ruggieri, who has served as CFO of Gilbane, Inc. since 2005 and plans to retire from Gilbane in April 2022.

Murray joins Gilbane, Inc. with a proven track record of results-driven financial leadership in real estate investment and management, according to representatives of the firm. He has worked in financial and accounting executive positions throughout his career and led financial responsibility for a multibillion-dollar real estate portfolio.

Murray brings extensive financial management experience working with public and private companies, as well as global consulting, financial services, and “Big 4” accounting firms.

“John Ruggieri has provided Gilbane with strong financial stewardship as revenues and profitability for both Gilbane Building Company and Gilbane Development Company have grown during his tenure,” said Gilbane. “We are grateful for John’s strategic and sound leadership as CFO and wish him well when he begins his retirement this spring.”

“Bob Murray is a proven, high-impact CFO with global experience and a successful track record of delivering strong financial results and long-term value creation. Bob will be a tremendous partner as Gilbane executes against strategic plans for profitable growth and new investments,” continued Gilbane.

“I’ve long admired Gilbane for its strong set of values, commitment to excellence and quality, and its record of profitable growth,” said Murray. “I look forward to working with the entire Gilbane team to build on its successes through strong strategic and financial management.”