secwatch.observer — SEC 8-K summary
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Issuer:     MERCER INTERNATIONAL INC. (MERC)
CIK:        0001333274
Form:       8-K
Filed at:   2022-03-16T23:59:59+00:00
Accession:  0001564590-22-010500
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333274/000156459022010500/0001564590-22-010500-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333274/000156459022010500/merc-8k_20220311.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-010500

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