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Benzinga
Benzinga
Business
Shivani Kumaresan

Marine Products Reveals Several Senior Leadership Changes

MPX NYSE
  • Marine Products Corp (NYSE:MPX) has promoted its CFO, Ben M. Palmer, to assume the roles of President and CEO, effective immediately.
  • The current CEO, Richard A. Hubbell, has transitioned to Executive Chairman of the Board of Directors.
  • Gary W. Rollins relinquished his position as Non-Executive Chairman of the Board while continuing as a Company Director.
  • The company has also appointed Michael L. Schmit as the new CFO and corporate secretary.
  • Price Action: MPX shares closed higher by 5.61% at $12.04 on Tuesday.
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