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.