In 2015, Jimmy S.H. Lee earned $2.05M in total compensation at Mercer International, including $544.88K salary, $471.59K bonus and $951.60K in stock. Led Mercer International as CEO for 23 years.
Compensation History
Annual executive compensation data for Jimmy S.H. Lee, including salary, bonuses, and stock awards.
Year
2015
Total Compensation
$2.05M
Salary
$544.88K
Bonus
$471.59K
Other
$83.22K
Salary
$544.88KBoard Justification
In fiscal 2015 and in accordance with our emphasis on pay for performance, compensation awarded to our NEOs reflected our overall strong operating and financial performance, improvements to liquidity, continuing reduction of debt and the institution of a quarterly dividend.
Bonus
$471.59KBoard Justification
The Committee does not rely upon any predetermined formulas or limited set of criteria when it evaluates the performance of our NEOs, but rather focuses on individual objectives and their effects in respect of the Company’s overall goals.
Other Compensation
$83.22KBoard Justification
living allowance
Restricted Stock
Board Justification
Includes (i) the vesting of one-fifth of the shares of restricted stock granted to Mr. Lee in 2011; and (ii) the vesting of all remaining PSUs granted to Mr. Lee in 2011, referred to as the “2011 PSUs”. Shares corresponding to Mr. Lee’s 42,077 2011 PSUs that vested on December 31, 2015 were issued in January 2016.
Performance Metrics
Operating EBITDA, net income and Share price, new initiatives and capital projects to improve efficiency, reduce costs and enhance our business, our CEO and leadership transition and the changes in roles and responsibilities resulting therefrom, and each NEO’s achievement of their individual and our overall 2015 performance objectives.
Jimmy S.H. Lee
Ex-CEO of Mercer International
Education
Bachelor of Science Degree in Chemical Engineering from the University of British Columbia, Canada
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Basic Materials
Born
January 1, 1957 - 68 years ago
CEO of Mercer International for
23 years 6 months (Jan 1992 - Jul 2015)
Previous Experience
CEO, Chairman and President of Mercer International since 1992
Other Mercer International CEOs
Holdings
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Insider Trading
Jimmy S.H. Lee's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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