People: Mercer International Inc (MERC.O)
MERC.O on Nasdaq
6.20USD
11:46am EDT
6.20USD
11:46am EDT
Price Change (% chg)
$-0.20 (-3.12%)
$-0.20 (-3.12%)
Prev Close
$6.40
$6.40
Open
$6.33
$6.33
Day's High
$6.33
$6.33
Day's Low
$6.15
$6.15
Volume
33,877
33,877
Avg. Vol
85,474
85,474
52-wk High
$7.80
$7.80
52-wk Low
$5.05
$5.05
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Jimmy Lee |
55 | 1992 | Chairman of the Board, President, Chief Executive Officer |
David Gandossi |
55 | 2003 | Chief Financial Officer, Executive Vice President, Secretary |
Claes-Inge Isacson |
67 | 2006 | Chief Operating Officer |
David Cooper |
59 | 2005 | Vice President - Sales and Marketing, Europe |
Eric Heine |
49 | 2005 | Vice President - Sales and Marketing, North America and Asia |
Brian Merwin |
39 | 2009 | Vice President - Strategic Initiatives |
Wolfram Ridder |
51 | 2005 | Vice President - Business Development |
Richard Short |
45 | 2010 | Controller |
Genevieve Stannus |
42 | 2005 | Treasurer |
Leonhard Nossol |
55 | 2005 | Group Controller, Europe |
Eric Lauritzen |
74 | 2012 | Lead Independent Director |
Keith Purchase |
68 | 2012 | Director |
Guy Adams |
61 | 2003 | Independent Director |
William McCartney |
57 | 2003 | Independent Director |
Bernard Picchi |
63 | 2011 | Independent Director |
James Shepherd |
60 | 2011 | Independent Director |
Graeme Witts |
74 | 2003 | Independent Director |
Biographies
| Name | Description |
|---|---|
Jimmy Lee |
Mr. Jimmy S. H. Lee is Chairman of the Board, President, Chief Executive Officer of Mercer International Inc. He has been a director since May 1985 and President and Chief Executive Officer since 1992. Previously, during the period that MFC Bancorp Ltd. was Company's affiliate, he served as a director from 1986 and President from 1988 to December 1996 when it was spun out. During Mr. Lee’s tenure with Mercer, the Company acquired the Rosenthal mill and converted it to the production of kraft pulp, constructed and commenced operations at the Stendal mill and acquired the Celgar mill. |
David Gandossi |
Mr. David M. Gandossi is Chief Financial Officer, Executive Vice President, Secretary of Mercer International Inc., since August 15, 2003. Mr. Gandossi was formerly the Chief Financial Officer and Executive Vice-President of Formation Forest Products (a closely held corporation) from June 2002 to August 2003. Mr. Gandossi previously served as Chief Financial Officer, Vice-President, Finance and Secretary of Pacifica Papers Inc., a North American specialty pulp and paper manufacturing company previously listed on the Toronto Stock Exchange, from December 1999 to August 2001 and Controller and Treasurer from June 1998 to December 1999. From June 1998 to August 31, 1998, he also served as Secretary to Pacifica Papers Inc. From March 1998 to June 1998, Mr. Gandossi served as Controller, Treasurer and Secretary of MB Paper Ltd. From April 1994 to March 1998, Mr. Gandossi held the position of Controller and Treasurer with Harmac Pacific Inc., a Canadian pulp manufacturing company previously listed on the Toronto Stock Exchange. Mr. Gandossi participated in the Pulp and Paper Advisory Committee of the British Columbia Competition Council and was a member of the British Columbia Working Roundtable on Forestry. From February 2007 to present, he has chaired the B.C. Pulp and Paper Task Force, a government industry and labor effort that is mandated to identify measures to improve the competitiveness of the British Columbia pulp and paper industry. Mr. Gandossi is a member of the Institute of Chartered Accountants in Canada. |
Claes-Inge Isacson |
Mr. Claes-Inge Isacson is Chief Operating Officer of Mercer International Inc., since November 2006. Mr. Isacson brings over 24 years of senior level pulp and paper management to Company's senior management team, with a focus on kraft pulp. Mr. Isacson held the positions of President Norske Skog Europe, and then Senior Vice President Production for Norske Skogindustrier ASA between 1989 and 2004. His most recent position was President, AF Process, a consulting and engineering company working worldwide. He holds a Masters of Science, Mechanical Engineering. |
David Cooper |
Mr. David M. Cooper is Vice President - Sales and Marketing, Europe of Mercer International Inc., since June 2005. Mr. Cooper previously held a variety of senior positions around the world in Sappi Ltd., from 1982 to 2005, including the sales and marketing of various pulp and paper grades and the management of a manufacturing facility. He has more than 30 years of diversified experience in the international pulp and paper industry. |
Eric Heine |
Mr. Eric X. Heine is Vice President - Sales and Marketing, North America and Asia of Mercer International Inc., since June 2005. Mr. Heine was previously Vice President Pulp and International Paper Sales and Marketing for Domtar Inc., a global pulp and paper corporation, from 1999 to 2005. He has 18 years of experience in the pulp and paper industry, including developing strategic sales channels and market partners to build corporate brands. |
Brian Merwin |
Mr. Brian Merwin is Vice President - Strategic Initiatives of Mercer International Inc., since February 2009. Prior to which he was Company's Director of Strategic and Business Initiatives since August 2007 and Business Analyst since May 2005. Mr. Merwin has an MBA from the Richard Ivey School of Business at the University of Western Ontario. |
Wolfram Ridder |
Mr. Wolfram Ridder is Vice President - Business Development of Mercer International Inc., since August 2005. Prior to which he was a Managing Director of Stendal. Mr. Ridder was the principal assistant to Chief Executive Officer from November 1995 until September 2002. |
Richard Short |
Mr. Richard George Short is Controller of Mercer International Inc., since December 2010. Prior to which he was Company's Director, Corporate Finance, since joining Mercer in 2007. Prior to joining Mercer, Mr. Short was Controller, Financial Reporting from 2006 to 2007 and Director, Corporate Finance from 2004 to 2006 with Catalyst Paper Corp. Mr. Short is a member of the Institute of Chartered Accountants in Canada. |
Genevieve Stannus |
Ms. Genevieve Stannus is Treasurer of Mercer International Inc., since July 2005. Prior to which she was a Senior Financial Analyst with Mercer from August 2003. Prior to joining Mercer, Ms. Stannus held Senior Treasury Analyst positions with Catalyst Paper Corporation and Pacifica Papers Inc. She has over ten years’ experience in the forest products industry. Ms. Stannus is a member of the Certified General Accountants’ Association of Canada. |
Leonhard Nossol |
Mr. Leonhard Nossol is Group Controller, Europe of Mercer International Inc., since August 2005. He has also been a managing director of Rosenthal since 1997 and the sole managing director of Rosenthal since September 2005. Mr. Nossol had a involvement in the conversion of the Rosenthal mill to the production of kraft pulp in 1999 and increases in the mill’s annual production capacity to 355,000 ADMTs, as well as the reduction in production costs at the mill. |
Eric Lauritzen |
Mr. Eric Lauritzen is Lead Independent Director of Mercer International Inc., since January 2012. He has been a director since June 2004. Mr. Lauritzen was President and Chief Executive Officer of Harmac Pacific, Inc., a North American producer of softwood kraft pulp previously listed on the Toronto Stock Exchange and acquired by Pope & Talbot Inc. in 1998, from May 1994 to July 1998, when he retired. Mr. Lauritzen was Vice President, Pulp and Paper Marketing of MacMillan Bloedel Limited, a North American pulp and paper company previously listed on the Toronto Stock Exchange and acquired by Weyerhaeuser Company Limited in 1999, from July 1981 to April 1994. |
Keith Purchase |
Mr. Keith Purchase is Director of Mercer International Inc., since April 2012. Mr. Purchase was Executive Vice-President and Chief Operating Officer of MacMillan Bloedel Ltd. from 1998 to 1999, President and Chief Executive Officer of TimberWest Forest Ltd. from 1994 to 1998 and Managing Director of Tasman Pulp and Paper from 1990 to 1994. Mr. Purchase is currently a director of Hardwoods Distribution Inc., which is currently listed on the Toronto Stock Exchange. Mr. Purchase was also a trustee of Tree Island Wire Income Fund from 2003 to 2007 (and Chair of the board of directors from 2006 to 2007) which is listed on the Toronto Stock Exchange and was a director of Catalyst Paper Corporation from 2001 to 2007 (and Chair of the board of directors from 2005 to 2007). |
Guy Adams |
Mr. Guy W. Adams is Independent Director of Mercer International Inc., since August 2003. Mr. Adams is the managing member of GWA Advisors, LLC, GWA Investments, LLC and GWA Capital Partners, LLC, where he has served since 2002. GWA Investments is an investment fund investing in publicly traded securities managed by GWA Capital Partners, LLC, a registered investment advisor. Prior to 2002, Mr. Adams was the President of GWA Capital, which he founded in 1996 to invest his own capital in public and private equity transactions, and a business consultant to entities seeking refinancing or recapitalization. |
William McCartney |
Mr. William David McCartney is Independent Director of Mercer International Inc., since January 2003. Mr. McCartney has been President and Chief Executive Officer of Pemcorp Management Inc., a business consulting services firm primarily engaged in corporate finance and management consulting services, since 1990. Mr. McCartney is also currently a director of Terrace Resources, Petra Petroleum and New World Resources, all currently listed on the TSX Venture Exchange. Mr. McCartney was also a former director of Woodbridge Energy, Exeter Resource Corp., Southwestern Resources, Bowram Energy, Newstrike Capital, Aurora Platinum and Sunward Resources Ltd. Mr. McCartney is a member of the Canadian Institute of Chartered Accountants and was the founding partner of Davidson & Company Chartered Accountants. |
Bernard Picchi |
Mr. Bernard Picchi is Independent Director of Mercer International Inc., since June 2011. Mr. Picchi has been the Managing Director of Private Wealth Management for Palisade Capital Management, LLC since July 2009. Prior to 2009, Mr. Picchi has been an analyst and consultant for several mid-sized broker/dealers and investment advisory firms. In particular, from 1980 to 1999, Mr. Picchi was an All Star rated energy analyst at Solomon Brothers, Kidder Peabody and Lehman Brothers, where he also served as Director of U.S. Stock Research. Mr. Picchi has also been the sole manager of the 5-Star rated $1.5 billion Capital Appreciation Fund of Federated Investors, where he served as U.S. Director of Research from January 2000 to June 2002. Mr. Picchi is also a Chartered Financial Analyst. |
James Shepherd |
Mr. James A. Shepherd is Independent Director of Mercer International Inc., since June 2011. Mr. Shepherd was President and Chief Executive Officer of Canfor Corporation from 2004 to 2007 and Slocan Forest Products Ltd. from 1999 to 2004. Mr. Shepherd is also the former President of Crestbrook Forest Industries Ltd. and Finlay Forest Industries Limited and is the former Chairman of the Forest Products Association of Canada. Mr. Shepherd has been a director with Canfor Corporation, which is listed on the Toronto Stock Exchange, from 2004 to 2007 and has been a director of Canfor Pulp Income Fund from 2006 to 2007. Mr. Shepherd is also currently a director of Conifex Timber Inc., which is listed on the TSX Venture Exchange, and Buckman Laboratories International Inc. |
Graeme Witts |
Mr. Graeme A. Witts is Independent Director of Mercer International Inc., since January 2003. Mr. Witts organized Sanne Trust Company Limited, a trust company located in the Channel Islands, in 1988 and was managing director from 1988 to 2000, when he retired. He is now managing director of Azure Property Group, SA, a European hotel group. Mr. Witts is also a fellow of the Institute of Chartered Accountants of England and Wales and has previous executive experience with the Procter & Gamble Company and Clarks Shoes, as well as government auditing. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Jimmy Lee |
5,097,790 |
David Gandossi |
1,543,820 |
Claes-Inge Isacson |
1,231,280 |
David Cooper |
-- |
Eric Heine |
-- |
Brian Merwin |
-- |
Wolfram Ridder |
1,006,130 |
Richard Short |
-- |
Genevieve Stannus |
-- |
Leonhard Nossol |
885,489 |
Eric Lauritzen |
-- |
Keith Purchase |
-- |
Guy Adams |
-- |
William McCartney |
-- |
Bernard Picchi |
-- |
James Shepherd |
-- |
Graeme Witts |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Jimmy Lee |
2,038,333 | 3,654,333 |
David Gandossi |
133,334 | 387,670 |
Claes-Inge Isacson |
0 | 0 |
David Cooper |
0 | 0 |
Eric Heine |
0 | 0 |
Brian Merwin |
0 | 0 |
Wolfram Ridder |
140,000 | 354,600 |
Richard Short |
0 | 0 |
Genevieve Stannus |
0 | 0 |
Leonhard Nossol |
55,000 | 44,550 |
Eric Lauritzen |
0 | 0 |
Keith Purchase |
0 | 0 |
Guy Adams |
0 | 0 |
William McCartney |
0 | 0 |
Bernard Picchi |
0 | 0 |
James Shepherd |
0 | 0 |
Graeme Witts |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
PURCHASE KEITH |
2,200 | $6.36 |
PURCHASE KEITH |
2,800 | $6.29 |
KELLOGG PETER R |
9,604 | $7.59 |
KELLOGG PETER R |
15,396 | $7.55 |
KELLOGG PETER R |
33,750 | $7.41 |
KELLOGG PETER R |
11,800 | $7.15 |
KELLOGG PETER R |
50,000 | $6.51 |
KELLOGG PETER R |
182,000 | $6.20 |
KELLOGG PETER R |
90,000 | $6.25 |
WITTS GRAEME A |
10,879 | $6.00 |
WITTS GRAEME A |
17,970 | $5.96 |
WITTS GRAEME A |
21,151 | $5.92 |
ADAMS GUY W |
6,500 | $0.00 |
ADAMS GUY W |
5,000 | $0.00 |
PICCHI BERNARD |
5,000 | $0.00 |
ADAMS GUY W |
5,000 | $0.00 |
ADAMS GUY W |
5,000 | $0.00 |
ADAMS GUY W |
5,000 | $0.00 |
ADAMS GUY W |
5,000 | $0.00 |
KELLOGG PETER R |
26,000 | $6.72 |
KELLOGG PETER R |
25,511 | $6.59 |
KELLOGG PETER R |
48,489 | $6.56 |
ADAMS GUY W |
1,000 | $5.90 |
ADAMS GUY W |
500 | $5.90 |
ADAMS GUY W |
500 | $5.90 |
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