secwatch / observer

MERCER INTERNATIONAL INC. — fact timeline

Source-grounded facts extracted from MERCER INTERNATIONAL INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

MERC MERCER INTERNATIONAL INC. JSON
Shareholder Votes

MERCER INTERNATIONAL INC. shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2026-06-01 meeting.

“The selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal 2026 was ratified, and the voting results are set forth below: For Against Abstentions Broker Non-Votes 51,015,419 175,603 524,952 0”
Shareholder Votes

MERCER INTERNATIONAL INC. shareholders approved Advisory Vote on Executive Compensation at the 2026-06-01 meeting.

“The non-binding resolution approving the Company’s executive compensation was approved, and the voting results are set forth below: For Against Abstentions Broker Non-Votes 42,232,601 2,708,877 100,174 6,674,322”
Shareholder Votes

MERCER INTERNATIONAL INC. shareholders approved Election of Directors at the 2026-06-01 meeting.

“All of the nine nominees for the Company’s board of directors were elected, and the voting results are set forth below: For Against Abstentions Broker Non-Votes Juan Carlos Bueno 44,714,550 268,081 59,021 6,674,322 William D. McCartney 44,739,177 232,435 70,040 6,674,322 James Shepherd 44,752,469 243,557 45,626 6,674,322 Linda J. Welty 44,763,981 234,704 42,967 6,674,322 Rainer Rettig 44,718,716 277,212 45,724 6,674,322 Alice Laberge 44,761,485 234,688 45,479 6,674,322 Janine North 44,724,623 271,562 45,467 6,674,322 Thomas Kevin Corrick 44,779,753 216,328 45,571 6,674,322 Markwart von Pentz 44,781,076 213,460 47,116 6,674,322”
Earnings Releases

MERCER INTERNATIONAL INC. reported first quarter ended March 31, 2026 results: net income $52.0 million ($0.78 per share), EPS ($0.78 per share).

“In the first quarter of 2026, net loss was $52.0 million ($0.78 per share) compared to $22.3 million ($0.33 per share) in the same quarter of 2025”
Material Agreements

MERCER INTERNATIONAL INC. amended Waiver and Consent Request Letter with UniCredit Bank GmbH, as agent (effective 2026-05-04).

“Effective May 4, 2026, certain German subsidiaries (the “ Loan Parties ”) of Mercer International Inc. (the “ Company ”) entered into a Waiver and Consent Request Letter (the “ Waiver ”) with respect to that certain revolving facility agreement dated September 15, 2022”
Earnings Releases

MERCER INTERNATIONAL INC. reported first quarter ended March 31, 2024 results: revenue $553,430, net income $16.7 million (or $0.25 per share).

“stable in the second quarter of 2024 as a result of steady demand. Consolidated Financial Results Q1 Q4 Q1 2024 2023 2023 (in thousands, except per share amounts) Revenues $ 553,430 $ 470,494 $ 522,666 Operating loss $ (448 ) $ (56,395 ) $ (20,121 ) Operating EBITDA $ 63,601 $ 21,145 $ 27,470 Net loss $ (16,703 ) $ (87,216 ) $ (30,578 ) Net loss per common”

William McCartney was appointed as Interim Chairman at MERCER INTERNATIONAL INC..

“William McCartney, who previously served as the lead director of the board of directors of the Company, was appointed as Interim Chairman of the Company.”

Jimmy Lee changed role as Chairman Emeritus at MERCER INTERNATIONAL INC..

“Jimmy Lee is stepping down as Executive Chairman and director of the Company for personal health reasons, and was appointed Chairman Emeritus of the Company.”
Earnings Releases

MERCER INTERNATIONAL INC. reported full year 2023 results: net income net loss of $242.1 million, EPS $3.65 per share.

“Full year 2023 Operating EBITDA of $17.5 million and net loss of $242.1 million”
Earnings Releases

MERCER INTERNATIONAL INC. reported fourth quarter ended December 31, 2023 results: revenue $470,494, net income net loss of $87.2 million, EPS $1.31 per share.

“prices to be stable in the first half of 2024. Consolidated Financial Results Q4 Q3 Q4 YTD YTD 2023 2023 2022 2023 2022 (1) (in thousands, except per share amounts) Revenues $ 470,494 $ 470,821 $ 583,056 $ 1,993,844 $ 2,280,937 Operating income (loss) $ (56,395 ) $ (3,426 ) $ 47,263 $ (188,774 ) $ 392,368 Operating EBITDA $ 21,145 $ 37,527 $ 96,128 $ 17,462 $”
Earnings Releases

MERCER INTERNATIONAL INC. reported third quarter ended September 30, 2023 results: revenue $470.8 million, net income $(25,956) thousand (or $0.39 per share), EPS $(0.39) per share.

“– Three Months Ended September 30, 2023 Compared to Three Months Ended September 30, 2022 Total revenues in the third quarter of 2023 decreased by approximately 12% to $470.8 million from $532.8 million in the same quarter of 2022 primarily due to lower pulp, energy and lumber sales realizations partially offset by higher sales volumes, the inclusion of”
Debt Financings

MERCER INTERNATIONAL INC. incurred senior notes of $200.0 million with Computershare Trust Company, N.A. at 12.875% maturing October 1, 2028.

“On September 21, 2023, Mercer International Inc. (the “Company”) and Computershare Trust Company, N.A., as trustee, entered into an indenture (the “Indenture”) with respect to the Company’s issuance of 12.875% senior notes due 2028 in an aggregate principal amount of $200.0 million (the “Notes”).”
Material Agreements

MERCER INTERNATIONAL INC. entered into Indenture with Computershare Trust Company, N.A., as trustee valued at $200.0 million (effective 2023-09-21).

“On September 21, 2023, Mercer International Inc. (the “Company”) and Computershare Trust Company, N.A., as trustee, entered into an indenture (the “Indenture”) with respect to the Company’s issuance of 12.875% senior notes due 2028 in an aggregate principal amount of $200.0 million (the “Notes”).”
Earnings Releases

MERCER INTERNATIONAL INC. reported financial results for first half ended June 30, 2023.

“In the first half of 2023, Operating EBITDA was negative $41.2 million a decrease from positive $299.5 million in the same period of 2022.”
Earnings Releases

MERCER INTERNATIONAL INC. reported financial results for second quarter ended June 30, 2023.

“On August 3, 2023, Mercer International Inc. (the “Company”) announced by press release the Company’s results for its second quarter ended June 30, 2023.”
Shareholder Votes

MERCER INTERNATIONAL INC. shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation at the 2023-05-31 meeting.

“Proposal 4: Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation The non-binding resolution to conduct future advisory votes on executive compensation every year was approved, and the voting results are set forth below: 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 36,662,909 13,131 4,713,232 8,709 2,924,218”
Shareholder Votes

MERCER INTERNATIONAL INC. shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2023-05-31 meeting.

“Proposal 3: Ratification of Selection of Independent Registered Public Accounting Firm. The selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for fiscal 2022 was ratified, and the voting results are set forth below: For Against Abstentions Broker Non-Votes 43,643,960 674,194 4,045 -”
Shareholder Votes

MERCER INTERNATIONAL INC. shareholders approved Advisory Vote on Executive Compensation at the 2023-05-31 meeting.

“Proposal 2: Advisory Vote on Executive Compensation. The non-binding resolution approving the Company's executive compensation was approved, and the voting results are set forth below: For Against Abstentions Broker Non-Votes 40,437,891 928,190 31,900 2,924,218”
Shareholder Votes

MERCER INTERNATIONAL INC. shareholders approved Election of Directors at the 2023-05-31 meeting.

“Proposal 1: Election of Directors. All of the eleven nominees for the Company's board of directors were elected, and the voting results are set forth below: For Against Abstentions Broker Non-Votes Jimmy S.H. Lee 40,930,653 452,192 15,136 2,924,218 Juan Carlos Bueno 40,991,004 391,041 15,936 2,924,218 William D. McCartney 39,027,717 2,354,950 15,314 2,924,218 James Shepherd 40,591,639 791,028 15,314 2,924,218 Alan C. Wallace 41,352,140 30,705 15,136 2,924,218 Linda J. Welty 40,831,827 551,068 15,086 2,294,218 Rainer Rettig 40,787,369 595,466 15,146 2,924,218 Alice Laberge 41,347,890 35,005 15,086 2,924,218 Janine North 40,829,777 553,013 15,191 2,924,218 Torbjörn Lööf 41,359,844 22,990 15,147 2,924,218 Thomas Kevin Corrick 41,364,358 19,688 13,935 2,924,218”
Earnings Releases

MERCER INTERNATIONAL INC. reported first quarter ended March 31, 2023 results: revenue $522,666, net income $(30,578), EPS $(0.46) per share.

“Revenues $ 522,666 $ 583,056 $ 592,741 Operating income (loss) $ (20,121 ) $ 47,263 $ 122,351 Operating EBITDA $ 27,470 $ 96,128 $ 154,467 Net income (loss) $ (30,578 ) $ 20,024 $ 88,897 Net income (loss) per common share Basic $ (0.46 ) $ 0.30 $ 1.35 Diluted $ (0.46 ) $ 0.30 $ 1.34”

Richard Short changed role as Chief Financial Officer, Senior Vice President and Secretary at MERCER INTERNATIONAL INC..

“Mr. Short, 55, has been promoted to Chief Financial Officer, Senior Vice President and Secretary of the Company effective June 1, 2023.”

David Ure resigned as Chief Financial Officer, Senior Vice President and Secretary at MERCER INTERNATIONAL INC..

“Mr. Ure resigned as Chief Financial Officer and Secretary of the Company effective June 1, 2023.”
Earnings Releases

MERCER INTERNATIONAL INC. reported fourth quarter ended December 31, 2022 results: revenue $583,056,000, net income $20,024,000, EPS $0.30 per share.

“– Three Months Ended December 31, 2022 Compared to Three Months Ended December 31, 2021 Total revenues in the fourth quarter of 2022 increased by approximately 12% to $583.1 million from $519.0 million in the same quarter of 2021 primarily due to higher pulp sales realizations and the inclusion of the Torgau facility from September 30, 2022 partially offset”
Earnings Releases

MERCER INTERNATIONAL INC. reported financial results for first nine months of 2022.

“On October 27, 2022, Mercer International Inc. (the “Company”) announced by press release the Company’s results for its third quarter ended September 30, 2022.”
Earnings Releases

MERCER INTERNATIONAL INC. reported financial results for third quarter ended September 30, 2022.

“On October 27, 2022, Mercer International Inc. (the “Company”) announced by press release the Company’s results for its third quarter ended September 30, 2022.”

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

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

David Gandossi retired as Director at MERCER INTERNATIONAL INC..

“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.”

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

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

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.