The estimated Net Worth of Jimmy S H Lee is at least $13.8 Million dollars as of 15 February 2023. Mr. Lee owns over 34,551 units of Mercer International stock worth over $11,860,741 and over the last 6 years he sold MERC stock worth over $0. In addition, he makes $1,902,460 as Executive Chairman of the Board at Mercer International.
Jimmy has made over 5 trades of the Mercer International stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 34,551 units of MERC stock worth $211,798 on 15 February 2023.
The largest trade he's ever made was exercising 87,133 units of Mercer International stock on 14 February 2019 worth over $534,125. On average, Jimmy trades about 37,461 units every 292 days since 2019. As of 15 February 2023 he still owns at least 1,934,868 units of Mercer International stock.
You can see the complete history of Mr. Lee stock trades at the bottom of the page.
Jimmy S.H. Lee serves as Executive Chairman of the Board of the Company. Mr. Lee was appointed a director of Golden Valley Mines Ltd. 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, the Friesau mill and MPR. 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 24 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. Mr. Lee also provides the Board with insight and information regarding our strategy, operations and business.
As the Executive Chairman of the Board of Mercer International, the total compensation of Jimmy Lee at Mercer International is $1,902,460. There are 1 executives at Mercer International getting paid more, with David Gandossi having the highest compensation of $1,928,100.
Jimmy Lee is 63, he's been the Executive Chairman of the Board of Mercer International since 2015. There are 5 older and 17 younger executives at Mercer International. The oldest executive at Mercer International Inc. is R. Keith Purchase, 76, who is the Lead Independent Director.
Jimmy's mailing address filed with the SEC is SUITE 1120, 700 WEST PENDER STREET, VANCOUVER, A1, V6C 1G8.
Over the last 19 years, insiders at Mercer International have traded over $979,390 worth of Mercer International stock and bought 937,050 units worth $7,519,184 . The most active insiders traders include Peter R Kellogg, Martha A M Morfitt, and Jimmy S H Lee. On average, Mercer International executives and independent directors trade stock every 53 days with the average trade being worth of $131,354. The most recent stock trade was executed by Rainer Rettig on 11 September 2024, trading 4,000 units of MERC stock currently worth $24,400.
mercer's core purpose: provider of fiber, renewable energy and chemicals, from sustainable sources, for essential human needs. mercer is one of the world's largest producers of nbsk market pulp, by capacity. producing approximately 1.525 admt annually between our three mills, mercer serves customers in asia, europe and, north america. with some of the most modern facilities in the world, mercer's mills in canada and germany have established a reputation for superior product, consistent quality and outstanding service. our modern facilities mean low capital requirements, high efficiency, state-of-the-art environmental compliance and net energy producers.
Mercer International executives and other stock owners filed with the SEC include: