Board Oversight
1 Board of Directors are presented as at December 31, 2024.
Chairman Emeritus
Chairman of the Board, President and CEO of Pemcorp Management Corp.
Former President and CEO
of Canfor Corporation
Former Vice Chairman of Investment Banking of CIBC World Markets Inc., CEO of Peloton Advisors Inc.
Former Director, Huber Engineered Materials
Former Senior Vice President,
Circular Economy Program,
Covestro AG
Director, Russel Metals Inc.
Director, Conifex Timber Inc.,
Imperial Metals Corporation
Former CEO, Boise Cascade
Director, Essity AB, Husqvarna
Group, AB Blåkläder
President and CEO,
Mercer International Inc.
BOARD RESPONSIBILITIES: SUSTAINABILITY OVERSIGHT BY MERCER’S BOARD AND BOARD COMMITTEES
Our Board of Directors (BOD) plays a critical role in overseeing Mercer’s governance and upholding our commitment to integrity, accountability, and ethical business practices. The Board provides strategic oversight of the business, advises the CEO and senior management, oversees business planning and risk management, reviews corporate performance, and approves significant actions and transactions. It also provides oversight on environmental, health and safety, social and governance, and human resources strategies and goals.
Board of Directors, Chair of the Environmental, Health and Safety Committee and member of Mercer’s Governance and Nominating Committee
Mercer’s Board Committees include:
- The Audit Committee oversees financial reporting, internal controls, and the external audit process, ensuring the integrity of the company’s financial statements. It also manages risk assessment, auditor independence, and compliance with accounting-related regulations, including cybersecurity and sustainability disclosures.
- The Governance and Nominating Committee leads Board nominations, evaluates Board performance, and ensures strong corporate governance practices. It also develops director qualification criteria and reviews governance policies and guidelines.
- The Human Resources Committee sets executive compensation, reviews performance, and administers incentive and equity-based plans. It also oversees succession planning and ensures the company’s compensation practices remain competitive and aligned with shareholder expectations.
- The Environmental, Health, and Safety Committee monitors the company’s compliance with environmental, health, and safety regulations and oversees related management systems. It also reviews audit findings and helps shape company policies on climate and sustainability matters.
Specifically, our President and CEO is accountable for successful sustainability performance overall and our Chief Sustainability Officer (CSO) provides direction for the sustainability strategy and how it is integrate iinto the business strategy. The role of the CSO includes the development and execution of the sustainability strategy and disclosure across the business, reporting to the CEO and regularly updating the Environmental Health and Safety (EH&S) Committee of the Board.
ESG RISK MANAGEMENT
Mercer takes a proactive approach to ESG risk management, integrating environmental, social, and governance considerations into business strategy and decision-making. As a U.S. publicly traded company, Mercer operates in a highly regulated environment with stringent reporting requirements.
Our Board of Directors oversees Mercer’s ESG risk management, ensuring ESG risks and opportunities are integrated into our long-term strategy. The Board delegates ESG oversight across various committees, with the EH&S Committee ultimately tasked with the responsibility of overseeing the effectiveness of Mercer’s sustainability practices and performance. We embed an analysis and assessment of sustainability risks and opportunities directly into our company-wide Enterprise Risk Management process.
