RPC Names Michael Schmit Chief Financial Officer and Corporate Secretary

CarterBaldwin Executive Search, together with RPC, Inc. (NYSE: RES), announces the appointment of Michael (Mike) Schmit as Chief Financial Officer and Corporate Secretary for the oil and gas services company. He will also serve as the Chief Financial Officer and Corporate Secretary of Marine Products Corporation (NYSE: MPX).

Mike joins RPC from SWM International, where he served as Chief Accounting Officer and Corporate Controller. Prior to that, he served as the Chief Accounting Officer and Corporate Controller of Chart Industries. Earlier in his career, Mike worked for other public companies and in public accounting, both in the US and Australia.

“Mike has a great deal of successful finance and accounting experience in public companies, including an international stint, business combination integration and financial management experience with a company exposed to the midstream energy sector, so we look forward to him joining RPC,” said Ben M. Palmer, President and Chief Executive Officer.

A Nebraska native, Mike earned his BSBA in Accounting from the University of Nebraska.

About RPC, Inc.
RPC, Inc., formerly RPC Energy Services, 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.

About Marine Products Corporation
Marine Products Corporation (MPC) manufactures fiberglass motorized boats distributed and marketed through its independent dealer network. Marine Products’ product offerings include Chaparral luxury sterndrive and outboard pleasure boats, outboard sportdeck boats, Vortex jet boats, and Robalo outboard sport fishing boats. Headquartered in Atlanta, GA, MPC was spun out of RPC in 2001 as a separate publicly traded company with the same C suite leadership as RPC and has remained so since that time.