Mercer International Inc. (MERC)

9.54 -0.25 (-2.55%) At close: 04:00PM EDT

Mercer International Inc.

700 West Pender Street
Suite 1120
Vancouver, BC V6C 1G8
Canada

https://www.mercerint.com

Sector(s): Basic Materials
Industry: Paper & Paper Products
Full-time employees: 3,320

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jimmy S. H. Lee B.Sc.	Exec. Chairman	1.48M	N/A	1957
Mr. David K. Ure	Exec. VP, CFO & Sec.	788.15k	N/A	1967
Mr. Adolf Koppensteiner	Chief Operating Officer	868.03k	N/A	1962
Mr. Wolfram Ridder	Sr. VP of Innovation & Gov. Relations	651.31k	N/A	1962
Mr. Juan Carlos Bueno	CEO, Pres & Director	N/A	N/A	1968
Mr. Christoph Grewe-Franze	Chief Information Officer	N/A	N/A	N/A
Mr. Brian Merwin	VP of Corp. Devel.	N/A	N/A	1974
Mr. Guy Arguin	Chief HR Officer	N/A	N/A	1965
Dr. Carsten Merforth	Chief Operating Officer of Wood Products	N/A	N/A	1967
Mr. Wolfgang Beck	Sr. VP of Global Product Sourcing	N/A	N/A	1974

Amounts are as of 31 December 2021, 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

Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) pulp in Europe, the United States, Asia, and internationally. The company operates through two segments, Pulp and Wood Products. It also generates and sells green energy produced from biomass cogeneration power plant to third party utilities. In addition, the company manufactures, distributes, and sells lumber and other wood residuals. Further, it produces NBSK pulp primarily from wood chips, pulp logs, and sawlogs; carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste; and tall oil for use as a chemical additive and green energy source. The company sells its pulp to tissue, specialty paper, and printing and writing paper, and other manufacturers; and lumber products to distributors, construction firms, secondary manufacturers, retail yards, and home centers. Mercer International Inc. was founded in 1968 and is headquartered in Vancouver, Canada.

Corporate governance

Mercer International Inc.’s ISS governance QualityScore as of 1 March 2023 is 3. The pillar scores are Audit: 8; Board: 4; Shareholder rights: 3; Compensation: 1.

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.