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Timothy C. Rollins Appointed to the RPC, Inc. Board of Directors

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RPC, Inc. (NYSE: RES) has appointed Timothy C. Rollins to its Board of Directors, effective October 31, 2022. Rollins, with a B.S. from Boston University, is Vice President of Rollins Investment Corporation and a trustee at Emory University. His previous board experience includes serving as a director at Marine Products Corporation since 2016. Chairman Richard A. Hubbell anticipates Rollins' contributions will enhance the board's effectiveness as RPC continues to provide specialized oilfield services across the United States and select international markets.

Positive
  • Appointment of Timothy C. Rollins may bring fresh perspectives to the board.
  • Rollins' extensive background in investment and governance could strengthen decision-making.
Negative
  • Concerns may arise regarding continuity and experience gaps with the addition of a new board member.

ATLANTA, Oct. 31, 2022 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today the appointment of Timothy C. Rollins to the Board of Directors of the Company.  Rollins holds a B.S. Degree from Boston University with a major in Business Administration.  He is a Trustee of Emory University and of Woodruff Health Sciences Center, is Vice President of Rollins Investment Corporation, and has served as a director of Marine Products Corporation since 2016.

Richard A. Hubbell, Chairman of the Board of RPC, Inc. stated, "Tim Rollins has been beneficial to the boards on which he has served.  We look forward to his contributions to our board in the years ahead."

RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets.  RPC's investor website can be found on the internet at RPC.net.

For information about RPC, Inc. or this event, please contact:

Michael L. Schmit
Chief Financial Officer
(404) 321-2140
irdept@rpc.net

Jim Landers
Vice President Corporate Services
(404) 321-2162
jlanders@rpc.net

 

Cision View original content:https://www.prnewswire.com/news-releases/timothy-c-rollins-appointed-to-the-rpc-inc-board-of-directors-301663676.html

SOURCE RPC, Inc.

FAQ

Who is Timothy C. Rollins and what experience does he bring to RPC, Inc.?

Timothy C. Rollins is a newly appointed board member with a background in business administration and extensive experience in investment and corporate governance.

What are the expected impacts of Timothy C. Rollins' appointment on RPC, Inc.?

Rollins' appointment is expected to enhance board effectiveness and strategic decision-making.

When was Timothy C. Rollins appointed to the RPC, Inc. Board of Directors?

Timothy C. Rollins was appointed to the board on October 31, 2022.

RPC, Inc.

NYSE:RES

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1.26B
214.97M
60.71%
43.57%
8.97%
Oil & Gas Equipment & Services
Oil & Gas Field Services, Nec
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United States of America
ATLANTA