RPC CEO Richard Hubbell's 2021 pay rises 8% to $1.4M
RPC reports 2021 executive compensation
By ExecPay News
Published: March 15, 2022
RPC reported fiscal year 2021 executive compensation information on March 15, 2022.
In 2021, two RPC executives received on average a compensation package of $1.1M, a 8% increase compared to previous year.
Richard A. Hubbell, Chief Executive Officer, received $1.4M in total, which increased by 8% compared to 2020. 69% of Hubbell's compensation, or $950K, was in salary. Hubbell also received $387K in stock awards and $34K in other compensation.
For fiscal year 2021, the median employee pay was $77,520 at RPC. Therefore, the ratio of Richard A. Hubbell's pay to the median employee pay was 18 to one.
Ben M. Palmer, Chief Financial Officer, received a compensation package of $733K, which increased by 4% compared to previous year. 61% of the compensation package, or $450K, was in salary.