RPC CEO Ben Palmer to retire after 30-year tenure; board launches successor search
RES•Ben M. Palmer will retire as RPC’s CEO by December 31, 2026, concluding a 30-year career that included CFO since 1996 and CEO since 2022. The board has engaged an independent firm to identify a successor with oilfield services expertise and financial strength, expecting appointment before year-end 2026.
1. CEO Retirement Plan
Ben M. Palmer will step down as President, CEO and board member by December 31, 2026, after which he will remain in an advisory capacity to support a smooth leadership transition and continuity for employees and shareholders.
2. CEO Successor Search
RPC’s board has initiated a formal search process, engaging a leading independent firm to evaluate candidates with demonstrated operational excellence in oilfield services and a focus on sustaining RPC’s strong financial position; the search is expected to conclude before year-end 2026.
3. Palmer's Legacy at RPC
Palmer joined RPC in 1996 as CFO and Treasurer and became CEO in 2022, guiding the company toward higher-margin service lines, expanding its Permian Basin presence, preserving a low-leverage balance sheet, generating durable free cash flow and returning capital to shareholders.
