RPC CEO Richard Hubbell's 2018 pay rises 16% to $2.6M
RPC reports 2018 executive compensation
By ExecPay News
Published: March 21, 2019
RPC reported fiscal year 2018 executive compensation information on March 21, 2019.
In 2018, three RPC executives received on average a compensation package of $2.1M, a 45% increase compared to previous year.
Average pay of disclosed executives at RPC
Richard A. Hubbell, Chief Executive Officer, received $2.6M in total, which increased by 16% compared to 2017. 44% of Hubbell's compensation, or $1.1M, was in stock awards. Hubbell also received $456K in non-equity incentive plan, $950K in salary, as well as $31K in other compensation.
For fiscal year 2018, the median employee pay was $81,520 at RPC. Therefore, the ratio of Richard A. Hubbell's pay to the median employee pay was 31 to one.
R. Randall Rollins, Chairman, received a compensation package of $2.4M, which increased by 16% compared to previous year. 47% of the compensation package, or $1.1M, was in stock awards.
Ben M. Palmer, Chief Financial Officer, earned $1.4M in 2018, a 26% increase compared to previous year.
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Source: SEC filing on March 21, 2019.