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RPC Inc. (NYSE:RES) stated Tuesday that President and CEO Richard Hubbell will turn out to be Government Chairman, and present CFO Ben Palmer will turn out to be the corporate’s new President and CEO, efficient instantly.
Additionally, Gary Rollins will relinquish the place of Government Chairman whereas remaining on the board, and Michael Schmit will turn out to be the brand new CFO.
Hubbell has served as President of RPC Inc. (RES) since 1987 and CEO since 2005; he’s additionally Government Chairman of Marine Merchandise Corp. (MPX) and beforehand served as President and CEO of Marine Merchandise since its formation in 2001.
Palmer beforehand was CFO of RPC Inc. (RES) since 1996 and presently is President and CEO of Marine Merchandise (MPX).
Schmit joins RPC from SWM Worldwide, the place he was Chief Accounting Officer and Company Controller.
RPC (RES) lately reported Q1 GAAP EPS of $0.07 on revenues of $284M.
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