Jun. 23 at 10:28 PM
RPC, Inc. announced that President and CEO Ben M. Palmer plans to retire before the end of 2026, ending a 30-year career with the oilfield services company. The board has launched a search for his successor, expected to be completed by year-end, while Palmer will remain in his role until a replacement is appointed or December 31, 2026, whichever comes first, and will stay on as an advisor to support the transition.
Palmer has served as CEO since 2022 after more than two decades as CFO and treasurer. During his tenure as chief executive, he oversaw the company’s shift toward higher-margin service lines and expanded its footprint in the Permian Basin.
Executive Chairman Richard A. Hubbell said Palmer played a key role in strengthening RPC’s financial foundation and positioning the company competitively in the evolving oilfield services industry.
$RES