RPC Management
Management criteria checks 1/4
RPC's CEO is Ben Palmer, appointed in May 2022, has a tenure of 1.92 years. total yearly compensation is $2.27M, comprised of 23.9% salary and 76.1% bonuses, including company stock and options. directly owns 0.42% of the company’s shares, worth €5.86M. The average tenure of the management team and the board of directors is 1.9 years and 3.5 years respectively.
Key information
Ben Palmer
Chief executive officer
US$2.3m
Total compensation
CEO salary percentage | 23.9% |
CEO tenure | 1.9yrs |
CEO ownership | 0.4% |
Management average tenure | 1.9yrs |
Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$149m |
Dec 31 2023 | n/a | n/a | US$192m |
Sep 30 2023 | n/a | n/a | US$238m |
Jun 30 2023 | n/a | n/a | US$288m |
Mar 31 2023 | n/a | n/a | US$271m |
Dec 31 2022 | US$2m | US$544k | US$215m |
Sep 30 2022 | n/a | n/a | US$142m |
Jun 30 2022 | n/a | n/a | US$79m |
Mar 31 2022 | n/a | n/a | US$32m |
Dec 31 2021 | US$733k | US$450k | US$7m |
Sep 30 2021 | n/a | n/a | -US$15m |
Jun 30 2021 | n/a | n/a | -US$37m |
Mar 31 2021 | n/a | n/a | -US$61m |
Dec 31 2020 | US$706k | US$375k | -US$212m |
Sep 30 2020 | n/a | n/a | -US$225m |
Jun 30 2020 | n/a | n/a | -US$278m |
Mar 31 2020 | n/a | n/a | -US$247m |
Dec 31 2019 | US$1m | US$450k | -US$87m |
Sep 30 2019 | n/a | n/a | -US$51m |
Jun 30 2019 | n/a | n/a | US$68m |
Mar 31 2019 | n/a | n/a | US$121m |
Dec 31 2018 | US$1m | US$450k | US$174m |
Sep 30 2018 | n/a | n/a | US$217m |
Jun 30 2018 | n/a | n/a | US$224m |
Mar 31 2018 | n/a | n/a | US$208m |
Dec 31 2017 | US$1m | US$385k | US$160m |
Compensation vs Market: Ben's total compensation ($USD2.27M) is above average for companies of similar size in the German market ($USD1.62M).
Compensation vs Earnings: Ben's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Ben Palmer (63 yo)
1.9yrs
Tenure
US$2,272,390
Compensation
Mr. Ben M. Palmer is President, Chief Executive Officer & Director of Marine Products Corporation from May 17, 2022. He serves as Treasurer at Cudd Energy Services, Inc. Mr. Palmer had been Chief Financial...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 37.3yrs | US$1.89m | 1.46% $ 20.4m | |
VP, CFO | 1.9yrs | US$1.02m | 0.037% $ 519.3k | |
CEO, President & Director | 1.9yrs | US$2.27m | 0.42% $ 5.9m |
1.9yrs
Average Tenure
63yo
Average Age
Experienced Management: RLD's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 37.3yrs | US$1.89m | 1.46% $ 20.4m | |
CEO, President & Director | 1.9yrs | US$2.27m | 0.42% $ 5.9m | |
Lead Independent Director | 3.7yrs | US$157.00k | 0.0043% $ 61.0k | |
Director | 40.3yrs | US$125.00k | 10.21% $ 143.2m | |
Independent Director | 2yrs | US$136.00k | 0.0048% $ 67.6k | |
Non-Independent Director | 5.3yrs | US$125.00k | 0.73% $ 10.3m | |
Non-Independent Director | 7.5yrs | US$127.00k | 1.18% $ 16.5m | |
Independent Director | 1.4yrs | US$127.00k | 0.69% $ 9.6m | |
Independent Director | 3.3yrs | US$131.00k | 0.0069% $ 97.5k | |
Independent Director | 3.3yrs | US$150.00k | 0.0077% $ 107.4k |
3.5yrs
Average Tenure
64yo
Average Age
Experienced Board: RLD's board of directors are considered experienced (3.5 years average tenure).