Mercer International Executive Compensation (FY25)
MERC · Executive and director compensation, fiscal 2023 to 2025
Chief executive, fiscal 2025 ◇ Juan Carlos Bueno | Latest say-on-pay support = June 1, 2026 |
Velarion Intel, $5,000/year: one seat · one year · every company we cover, with dashboards, peer screens and board-ready briefs.
The paid brief on Mercer International
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Data as of November 4, 2026Latest filing (8-K): June 1, 2026
3 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Velarion Intel, one year, every company
154 figures on this page: 152 cited to the filing that reported them, 2 calculated from figures it prints. See the citations
More on Mercer International
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Juan Carlos Bueno: $2,951,587 → $2,860,261 (3.1% lower)
Say-on-pay support: 99.8% → 94.0% (5.8 points lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Mercer International's chief executive and what were they paid?
Total compensation for Juan Carlos Bueno, Chief Executive Officer, came to $2,860,261 in fiscal 2025. Bueno's total was 3.1% lower than the $2,951,587 reported for fiscal 2024.
What was Mercer International's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 94.0% of votes cast for or against in favor at the meeting held June 1, 2026.
Which companies are in Mercer International's peer group?
Companies named in the disclosed peer group include Borregaard ASA, Canfor Corporation, Cascades Inc., Chemtrade Logistics Income Fund and Clearwater Paper Corporation, among others. The TSR Peer Group includes ENCE Energia y Celulosa SA, International Paper, Stora Enso Oyj, Svenska Cellulosa Aktiebolaget SCA and UPM-Kymmene Oyj.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Juan Carlos Bueno Chief Executive Officer | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Adolf Koppensteiner Chief Operating Officer, Pulp Products | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Richard Short Chief Financial Officer | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Juan Carlos Bueno Chief Executive Officer | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Adolf Koppensteiner Chief Operating Officer, Pulp Products | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇† |
Carsten Merforth Chief Operating Officer, Wood Products | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Richard Short Chief Financial Officer | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Wolfram Ridder Senior Vice President, Innovation & Government Relations | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Juan Carlos Bueno Chief Executive Officer | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Adolf Koppensteiner Chief Operating Officer, Pulp Products | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Richard Short Chief Financial Officer | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Carsten Merforth Chief Operating Officer, Wood Products | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
Wolfram Ridder Senior Vice President, Innovation & Government Relations | ◇ | ◇ | ◇ | — | — | ◇ | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Adolf Koppensteiner | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Carsten Merforth | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Juan Carlos Bueno | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Richard Short | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Wolfram Ridder | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Juan Carlos Bueno | PSU | ◇ | ◇ | — | — |
| Richard Short | PSU | ◇ | ◇ | — | — |
| Adolf Koppensteiner | PSU | ◇ | ◇ | — | — |
| Carsten Merforth | PSU | ◇ | ◇ | — | — |
| Wolfram Ridder | PSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
William D. McCartney | ◇ | ◇ | — | — | — | — | ◇ |
Rainer Rettig | ◇ | ◇ | — | — | — | — | ◇ |
Alan Wallace | ◇ | ◇ | — | — | — | — | ◇ |
James Shepherd | ◇ | ◇ | — | — | — | — | ◇ |
Linda J. Welty | ◇ | ◇ | — | — | — | — | ◇ |
Alice Laberge | ◇ | ◇ | — | — | — | — | ◇ |
Markwart von Pentz | ◇ | ◇ | — | — | — | — | ◇ |
Thomas Corrick | ◇ | ◇ | — | — | — | — | ◇ |
Janine North | ◇ | ◇ | — | — | — | — | ◇ |
Torbjörn Lööf served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as DSUs/Restricted Stock.
Stock ownership guideline: Director stock ownership guidelines Yes
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Borregaard ASA symbol not shown
- Canfor Corporation symbol not shown
- Cascades Inc. CCL
- Chemtrade Logistics Income Fund CTO
- Clearwater Paper Corporation CLW
- Fuchs Petrolub SE symbol not shown
- Huhtamäki Oyj symbol not shown
- Interfor Corporation symbol not shown
- Magnera Corporation MAGN
- Mativ Holdings Inc. MATV
- Methanex Corporation MTH
- Metsä Board Oyj symbol not shown
- Rayonier Advanced Materials Inc. symbol not shown
- Rottneros AB symbol not shown
- SGL Carbon SE symbol not shown
- Stella-Jones Inc. symbol not shown
- Symrise AG symbol not shown
- Trinseo PLC TSE
- UFP Industries, Inc. symbol not shown
- Wacker Chemie AG WCH
- West Fraser Timber Co. Ltd. symbol not shown
- Western Forest Products Inc. symbol not shown
TSR Peer Group
- ENCE Energia y Celulosa SA symbol not shown
- International Paper IP
- Stora Enso Oyj symbol not shown
- Svenska Cellulosa Aktiebolaget SCA SCA
- UPM-Kymmene Oyj symbol not shown
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 1, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 30, 2025 | = | ◇ | ◇ | ◇ |
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Juan Carlos Bueno (Chief Executive Officer), FY2025 total compensation $2,860,261 (base salary $815,512) [exec_comp, SEC accession 0001193125-26-166737, filed 2026-04-21]What this page does not include
Everything above is a fact Mercer International disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Mercer International sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
154 figures on this page: 152 cited to the filing that reported them, 2 calculated from figures it prints.
152 cited to the filing
2 calculated from the filing
Documents cited
- 0001193125-26-251779Proposal 2: Advisory Vote on Executive Compensation.
- 0001193125-26-166737Director Compensation Table · Grants of Plan-Based Awards Table · Outstanding Equity Awards at Fiscal Year-End Table · Summary Compensation Table
- 0001193125-25-132271Proposal 2: Advisory Vote on Executive Compensation.
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Mercer International executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/MERC (accessed 2026).
Short form: data: Velarion
The paid brief for Mercer International
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
3 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Mercer International and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Peers Mercer International discloses
The companies named in MERC's own disclosed peer group.
Terms on this page
Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}