Mercer announces CEO David Gandossi retirement; Juan Carlos Bueno named successor effective May 1, 2022

MERCER INTERNATIONAL INC.

David Gandossi retires as CEO/President effective May 1, 2022; will serve as advisor through Aug 31, 2022.
Juan Carlos Bueno appointed CEO/President effective May 1, 2022; to be nominated to the Board.
Bueno previously EVP & Divisional CEO of Biomaterials at Stora Enso (2011-2017); also led Global Energy.
Bueno receives base salary CDN$875,000/yr, initial award of 50,000 RSRs (vests May 2, 2023), and 193,060 PSUs total.
Gandossi's PSUs will be pro-rated to Aug 31, 2022; he continues salary/benefits through advisory period.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

David Gandossi

Chief Executive Officer and President

MERC · MERCER INTERNATIONAL INC.

Effective: 2022-05-01
Successor: Juan Carlos Bueno
Filed: March 16, 2022, 7:59 PM ET

Mr. Gandossi will retire as Chief Executive Officer and President of the Company effective May 1, 2022.

Departed

David Gandossi

Director

MERC · MERCER INTERNATIONAL INC.

Filed: March 16, 2022, 7:59 PM ET

In addition, in connection with his retirement, he will not stand for election as a director at the Company's annual meeting of stockholders in 2022.

Appointed

Juan Carlos Bueno

Chief Executive Officer and President

MERC · MERCER INTERNATIONAL INC.

Effective: 2022-05-01
Filed: March 16, 2022, 7:59 PM ET

Mr. Bueno, 53, has been appointed Chief Executive Officer and President of the Company effective May 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

David Gandossi retired as Chief Executive Officer and President at MERCER INTERNATIONAL INC..

Action: retired
Role: Chief Executive Officer and President

Exact text from the filing

Mr. Gandossi will retire as Chief Executive Officer and President of the Company effective May 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

David Gandossi retired as Director at MERCER INTERNATIONAL INC..

Action: retired
Role: Director

Exact text from the filing

In addition, in connection with his retirement, he will not stand for election as a director at the Company's annual meeting of stockholders in 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Juan Carlos Bueno was appointed as Chief Executive Officer and President at MERCER INTERNATIONAL INC..

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

Mr. Bueno, 53, has been appointed Chief Executive Officer and President of the Company effective May 1, 2022.

View on SEC.gov

MERCER INTERNATIONAL INC. filing history →

Source: SEC EDGAR

accession 0001564590-22-010500

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