Marine Products Corporation announced the passing of R. Randall Rollins, the Company's Chairman of the Board, who died peacefully following a short illness on August 17, 2020 in the presence of his family. Mr. Rollins was 88 years old. Long-standing Board Member Henry B. Tippie, who serves as Lead Director, and Richard A. Hubbell, Chief Executive Officer and Board Member, will continue in their respective leadership roles until succession plans are announced. At the time of his death, R. Randall Rollins served as Chairman of the Board, a position he had held since 2001 when Marine Products Corporation was formed and its Chaparral Boats subsidiary was spun off into Marine Products from RPC Inc.