0001193125-18-002928.txt : 20180104 0001193125-18-002928.hdr.sgml : 20180104 20180104160603 ACCESSION NUMBER: 0001193125-18-002928 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20180101 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20180104 DATE AS OF CHANGE: 20180104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MERCER INTERNATIONAL INC. CENTRAL INDEX KEY: 0001333274 STANDARD INDUSTRIAL CLASSIFICATION: PULP MILLS [2611] IRS NUMBER: 470956945 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51826 FILM NUMBER: 18510123 BUSINESS ADDRESS: STREET 1: 700 WEST PENDER STREET STREET 2: SUITE 1120 CITY: VANCOUVER STATE: A1 ZIP: V6C 1G8 BUSINESS PHONE: 206-674-4639 MAIL ADDRESS: STREET 1: 14900 INTERURBAN AVENUE SOUTH CITY: SEATTLE STATE: WA ZIP: 98168 FORMER COMPANY: FORMER CONFORMED NAME: MERCER INTERNATIONAL REGCO INC. DATE OF NAME CHANGE: 20050715 8-K 1 d520231d8k.htm 8-K 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 1, 2018

 

 

MERCER INTERNATIONAL INC.

(Exact name of Registrant as specified in its charter)

 

 

 

Washington   000-51826   47-0956945

(State or other jurisdiction of

incorporation or organization)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

Suite 1120, 700 West Pender Street, Vancouver, British Columbia, Canada V6C 1G8

(Address of principal executive office)

(604) 684-1099

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


ITEM 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On January 4, 2018, Mercer International Inc. (the “Company”) announced that, effective January 1, 2018, Adolf Koppensteiner has been appointed Chief Operating Officer of the Company.

Mr. Koppensteiner, age 56, continues to serve as a managing director of the Company’s Stendal mill, a position he has held since June 2013. Prior thereto, he served as mill manager of the Company’s Rosenthal mill since 2007.

In connection with Mr. Koppensteiner’s appointment as Chief Operating Officer, his employment agreement is being amended to provide that:

 

   

his base salary will be €370,000, subject to annual review;

 

   

he will be eligible to receive additional variable compensation from any bonus, profit sharing and stock or incentive compensation programs, in an amount determined by the Company’s board of directors or the Compensation Committee;

 

   

his term of office will be until December 31, 2022, provided either party can terminate earlier upon twelve months’ prior written notice.

He will continue to receive such other customary perquisites as provided in his prior employment agreement.

There are no arrangements or understandings between Mr. Koppensteiner and any other person pursuant to which he was appointed as the Company’s Chief Operating Officer, nor is there a family relationship between any member of the Company’s board of directors or any of its executive officers and Mr. Koppensteiner. He has not had an interest in any transaction since the beginning of the Company’s last fiscal year, or any currently proposed transaction, that requires disclosure pursuant to Item 404(a) of Regulation S-K.

 

ITEM 7.01 Regulation FD.

On January 4, 2018, the Company issued a press release announcing Mr. Koppensteiner’s appointment as Chief Operating Officer. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated by reference herein.

The information furnished pursuant to Item 7.01 on this Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filings under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.


ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

 

(d)

Exhibits

 

Exhibit No.

  

Description

99.1    Press release of the Company dated January 4, 2018 announcing the appointment of Adolf Koppensteiner as Chief Operating Officer.


Exhibit Index

 

Exhibit No.

  

Description

99.1    Press release of the Company dated January 4, 2018 announcing the appointment of Adolf Koppensteiner as Chief Operating Officer.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

MERCER INTERNATIONAL INC.
/s/ David K. Ure
David K. Ure
Chief Financial Officer

Date: January 4, 2018

EX-99.1 2 d520231dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

For Immediate Release

MERCER INTERNATIONAL INC. ANNOUNCES APPOINTMENT OF

CHIEF OPERATING OFFICER

NEW YORK, NY, January 4, 2018 – Mercer International Inc. (Nasdaq: MERC, TSX: MERC.U) (the “Company”) today announced that Adolf Koppensteiner has been appointed Chief Operating Officer of the Company effective January 1, 2018.

Mr. Koppensteiner continues to serve as a managing director of the Company’s Stendal mill, a position he has held since June 2013. Prior thereto, he served as mill manager of the Company’s Rosenthal Mill since joining the Company in 2007.

David Gandossi, Chief Executive Officer of the Company, stated: “We are pleased to welcome Mr. Koppensteiner in his new role with the Company. Since joining us in 2007, he has been a valuable member of the management teams at our Stendal and Rosenthal mills.” He concluded: “I look forward to working with Mr. Koppensteiner and the rest of our management team as we continue to strengthen our disciplined operating model.”

Mercer International Inc. is a global forest products company with operations in Germany and Canada.

The preceding includes forward looking statements which involve known and unknown risks and uncertainties which may cause our actual results in future periods to differ materially from forecasted results. Words such as “expects”, “anticipates”, “projects”, “intends”, “designed”, “will”, “believes”, “estimates”, “may”, “could” and variations of such words and similar expressions are intended to identify such forward-looking statements. Among those factors which could cause actual results to differ materially are the following: the highly cyclical nature of our business, raw material costs, our level of indebtedness, competition, foreign exchange and interest rate fluctuations, our use of derivatives, expenditures for capital projects, environmental regulation and compliance, disruptions to our production, market conditions and other risk factors listed from time to time in our SEC reports.

APPROVED BY:

Jimmy S.H. Lee

Executive Chairman

(604) 684-1099

David M. Gandossi

Chief Executive Officer

(604) 684-1099

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