Marine Products Corporation (MPX)

11.40 +0.31 (+2.80%) As of 02:53PM EDT. Market open.

Marine Products Corporation

2801 Buford Highway NE
Suite 300
Atlanta, GA 30329
United States
404 321 7910
https://www.marineproductscorp.com

Sector(s): Consumer Cyclical
Industry: Recreational Vehicles
Full-time employees: 690

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Richard A. Hubbell	Executive Chairman	526.8k	N/A	1945
Mr. Ben M. Palmer	President, CEO & Director	790.2k	N/A	1960
Mr. Michael L. Schmit	CFO, VP, Treasurer & Corporate Secretary	263.4k	N/A	1973
Ms. Sharon A. Lennon	Manager of Investor Relations & Corporate Communications	N/A	N/A	N/A
Mr. James C. Landers	Vice President of Corporate Finance	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats and SSi outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of domestic and international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia. Marine Products Corporation operates as a subsidiary of LOR, Inc.

Corporate governance

Marine Products Corporation’s ISS governance QualityScore as of 1 May 2024 is 6. The pillar scores are Audit: 2; Board: 9; Shareholder rights: 7; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.