Richard A. Hubbell has a solid background in management, holding a B.A. in Economics from Westminster College. He has served as CEO of RPC, Inc. and Marine Products Corp. since 2005. Under his leadership, both companies have focused on performance-based...

Richard A. Hubbell has a solid background in management, holding a B.A. in Economics from Westminster College. He has served as CEO of RPC, Inc. and Marine Products Corp. since 2005. Under his leadership, both companies have focused on performance-based compensation, which aligns executive pay with the company’s objectives. In 2022, he earned a total compensation of around $1.38 million, thanks to a significant performance-based bonus for achieving a high Return on Invested Capital (ROIC). Hubbell is known for navigating the companies through fluctuating market conditions, seeing substantial insider trading values that exceeded $30 million in his trading activities during recent periods. His decisions have had a significant impact on both RPC and Marine Products, where he has been involved since early 2001. This experience has shaped his approach to management, emphasizing results and long-term performance. With over two decades in these roles, Hubbell's leadership style balances strategic vision and practical execution, concentrating on enhancing shareholder value and organizational success.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other RPC CEOs

R

Richard A. Hubbell

Ex-CEO of RPC

Education

B.A. in Economics from Westminster College

Field of Expertise

Business & Management

Sector of Economy

Energy

Born

January 1, 1952 - 73 years ago

CEO of RPC for

17 years 1 month (Apr 2005 - May 2022)

Previous Experience

President of RPC, Inc. from 1987 to 2022; CEO of Marine Products Corporation from February 2001 to May 17, 2022.

Rivals

Competitors/colleagues of Richard A. Hubbell

H

Jeffrey A. Miller

CEO of Halliburton

2023 Compensation

Stock

$27.46M

Salary

$1.60M

Bonus

$0.00

Other

$659.12K

Total Holdings

$29.98M

C

Stephen Tadlock

CEO of Cactus

2023 Compensation

Stock

$500.00K

Salary

$450.00K

Bonus

$358.43K

Other

$30.62K

Total Holdings

$1.68M

O

Denise Castillo-Rhodes

CEO of Oil States International

2023 Compensation

Stock

$0.00

Salary

$925.00K

Bonus

$838.86K

Other

$0.00

Total Holdings

$487.94K

P

Samuel D. Sledge

CEO of ProPetro Holding Corp.

2023 Compensation

Stock

$224.60K

Salary

$800.00K

Bonus

$735.80K

Other

$41.41K

Total Holdings

$4.01M

N

Clay C. Williams

CEO of NOVA, Inc.

2023 Compensation

Stock

$5.69M

Salary

$990.30K

Bonus

$1.58M

Other

$18.68K

Total Holdings

$19.51M

N

Anthony G. Petrello

CEO of Nabors Industries

2023 Compensation

Stock

$11.06M

Salary

$1.75M

Bonus

$1.58M

Other

$1.44M

Total Holdings

$24.52M

Holdings

See how much did Richard A. Hubbell make over time.

Richard A. Hubbell's insider trading activity shows significant fluctuations in the value of his holdings over the years. In late 2019 through early 2020, his holdings surged dramatically with values peaking at over $15 million per month. However, this trend...

Richard A. Hubbell's insider trading activity shows significant fluctuations in the value of his holdings over the years. In late 2019 through early 2020, his holdings surged dramatically with values peaking at over $15 million per month. However, this trend shifted with values fluctuating month-to-month, reflecting changes in the stock market and company performance. The highest value recorded recently occurred in January 2024 with approximately $33.96 million, highlighting his strategic movements in the market. The patterns in his trading activities suggest a keen ability to navigate complex financial environments, often reflecting his expertise and insight into the companies he manages. His net worth appears strongly tied to the success of RPC and Marine Products, representing his commitment to their growth.

Mar 11, 2025

R

shares

RES @ $5.30

Total Stock Sold

$3.45M

RES

$3.45M

240,000 RES shares

What if they kept their stock?

If Richard A. Hubbell didn't sell their stock, today they would have:
Extra RES240,000 shares worth $643.20K.
This is -81.36% and $2.81M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Richard A. Hubbell.

RES

80,000 shares

RES

Apr 23, 2024

Received

RES

30,000 shares

RES

Apr 23, 2024

Received

RES

56,250 shares

RES

Jan 24, 2023

Received

RES

75,000 shares

RES

May 17, 2022

Received

RES

100,000 shares

RES

Jan 26, 2021

Received

RES

100,000 shares

RES

Jan 27, 2020

Received

RES

75,000 shares

RES

Jan 22, 2019

Received

RES

45,000 shares

RES

Jan 22, 2018

Received

RES

45,000 shares

RES

Jan 24, 2017

Received

RES

$1.58M

RES at $15.79/share

Jun 6, 2016

Sale

Compensation History

See how much did Richard A. Hubbell make over time.

In 2022, Richard A. Hubbell's compensation totaled approximately $1.38 million, which included a salary of $668,750 and a significant cash bonus of $750,000. This bonus was awarded based on exceeding performance targets specifically in Return on Invested Capital (ROIC). Despite no stocks vesting in 2022, he was granted 75,000 RSUs that will vest over five years. His structure for compensation emphasizes attracting talented executives, motivating performance to meet company goals, and aligning interests with shareholders. This thoughtful approach suggests an understanding of both financial incentives and company performance metrics over the long term, reflecting a compensation philosophy geared toward maximizing shareholder returns.

Year

2022

Total Compensation

$1.47M

Salary

$668.75K

Board Justification

The compensation philosophy is designed to attract and retain qualified executives, motivate performance to achieve company objectives, and align the interests of executives with stockholders.

Bonus

$750.00K

Board Justification

Performance-based cash compensation earned for 2022 based on achieving 150% of the target performance goal for Return on Invested Capital (ROIC).

Other

$49.11K

Board Justification

Other compensation includes insurance on automobile, dining club dues, gasoline for personal automobile, 401(k) Plan Company match of $13,725, and personal use of company aircraft valued at $17,731.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock vested in 2022 as the focus was on performance-based cash compensation and stock grants are not included in total calculations.

Performance Metrics

The performance metrics for 2022 were based on achieving a Return on Invested Capital (ROIC) of at least 9.8% to be eligible for bonuses.

Other RPC CEOs

Here are other CEOs of RPC

Ben M. Palmer

CEO of RPC

May 2022 - Present