Marine Products CEO Richard Hubbell's 2019 pay stays at $1.2M
Marine Products reports 2019 executive compensation
By ExecPay News
Published: March 17, 2020
Marine Products reported fiscal year 2019 executive compensation information on March 17, 2020.
In 2019, three executives at Marine Products received on average a compensation package of $1M, which is about the same as previous year.
Average pay of disclosed executives at Marine Products
Richard A. Hubbell, Chief Executive Officer, received $1.2M in total, which is about the same as previous year. 47% of Hubbell's compensation, or $550K, was in salary. Hubbell also received $400K in bonus and $224K in stock awards.
For fiscal year 2019, the median employee pay was $30,684 at Marine Products. Therefore, the ratio of Richard A. Hubbell's pay to the median employee pay was 38 to one.
R. Randall Rollins, Chairman, received a compensation package of $1.1M, which decreased by 1% compared to previous year. 47% of the compensation package, or $500K, was in salary.
Ben M. Palmer, Chief Financial Officer, earned $856K in 2019, a 1% increase compared to previous year.
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Source: SEC filing on March 17, 2020.