United States

People: Mercer International Inc (MERC.OQ)

MERC.OQ on NASDAQ Stock Exchange Global Select Market

14 Jun 2019
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Lee, Jimmy 

Mr. Jimmy S.H. Lee is an Executive Chairman of the Board of the Company. He was Director, President and Chief Executive Officer of MERCER INTERNATIONAL INC.. Previously, during the period when MFC Bancorp Ltd. was our affiliate, he served as a director from 1986 and President from 1988 to December 1996 when it was spun out. Mr. Lee was also a director of Quinsam Capital Corp. from March 2004 to November 2007 and Fortress Paper Ltd. from August 2006 to April 2008. During Mr. Lee’s tenure with Mercer, we 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. He holds a Bachelor of Science Degree in Chemical Engineering from the University of British Columbia, Canada. Mr. Lee possesses particular knowledge and experience in our business as a “founder” and as our Chief Executive Officer for over 23 years. He also has broad knowledge and experience in finance and banking, credit markets, international pulp markets, derivative risk management and capital allocation. Through his experience and background, Mr. Lee provides vision and leadership to the Board.

Basic Compensation

Total Annual Compensation, USD 1,327,570
Restricted Stock Awards, USD 1,359,200
Long-Term Incentive Plans, USD --
All Other, USD 99,734
Fiscal Year Total, USD 2,786,510

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --