In 2022, Richard A. Hubbell earned $1.47M in total compensation at RPC, including $668.75K salary and $750.00K bonus. Most recently acquired 30,000 shares in Jan 2024. Currently holds stock worth $76.24M. Led RPC as CEO for 17 years.
Compensation History
Annual executive compensation data for Richard A. Hubbell, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.47M
Salary
$668.75K
Bonus
$750.00K
Other
$49.11K
Salary
$668.75KBoard 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
$750.00KBoard Justification
Performance-based cash compensation earned for 2022 based on achieving 150% of the target performance goal for Return on Invested Capital (ROIC).
Other Compensation
$49.11KBoard 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
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.
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.
Other RPC CEOs
Holdings
Track Richard A. Hubbell's stock holdings and portfolio value over time.
Total Stock Sold
$287.75K
$287.75K
21,750 MPX shares
What if they kept their stock?
If Richard A. Hubbell didn't sell their stock, today they would have:
Extra MPX21,750 shares worth $185.96K.
This is -35.37% and $101.79K less than what they got when they sold the stock.
Insider Trading
Richard A. Hubbell's recent stock transactions, purchases, and sales filed with the SEC.
30,000 shares
MPX
Jan 22, 2024
Received
21,750 shares
MPX
Jan 24, 2023
Received
21,750 shares
MPX
Jan 24, 2023
Received
26,000 shares
MPX
May 17, 2022
Received
16,250 shares
MPX
Jan 26, 2021
Received
Rivals
Compare Richard A. Hubbell with competitor CEOs and industry peers.
Jeffrey A. Miller
CEO of Halliburton
2023 Compensation
Stock
$27.46M
Salary
$1.60M
Bonus
$0.00
Other
$659.12K
Total Holdings
$24.88M
Stephen Tadlock
CEO of Cactus
2023 Compensation
Stock
$500.00K
Salary
$450.00K
Bonus
$358.43K
Other
$30.62K
Total Holdings
$2.52M
Denise Castillo-Rhodes
CEO of Oil States International
2023 Compensation
Stock
$0.00
Salary
$925.00K
Bonus
$838.86K
Other
$0.00
Total Holdings
$418.37K
Clay C. Williams
CEO of NOVA, Inc.
2023 Compensation
Stock
$5.69M
Salary
$990.30K
Bonus
$1.58M
Other
$18.68K
Total Holdings
$22.38M