© Reuters.
NEW YORK – Mercer Worldwide Inc. (NASDAQ:), a worldwide forest merchandise firm, introduced immediately the resignation of Jimmy Lee from his place as Government Chairman and director because of private well being causes. Lee has been named Chairman Emeritus, and in response to his departure, the corporate has up to date its governance construction to incorporate an impartial Chairman. William McCartney, beforehand the lead director, will tackle the function of Interim Chairman.
Jimmy Lee’s tenure at Mercer spanned over three a long time, throughout which he performed a pivotal function within the firm’s development. Lee remarked on his departure, expressing gratitude for the help of workers and stakeholders and confidence within the firm’s continued success. McCartney acknowledged Lee’s vital contributions and the glory of working alongside him.
Juan Carlos Bueno, CEO of Mercer, additionally paid tribute to Lee’s management and his lasting affect on the corporate’s tradition of entrepreneurship and excellence. Lee’s imaginative and prescient was essential in increasing Mercer from a single pulp mill in 1994 to its present standing as a outstanding participant within the international forest merchandise business.
Mercer Worldwide’s operations span throughout Germany, the USA, and Canada, boasting a powerful annual manufacturing capability that features 2.3 million tonnes of pulp and a considerable output of lumber, cross-laminated timber, glulam, pallets, and biofuels.
This management change comes at a time when the corporate, like others within the business, faces the challenges of cyclical enterprise patterns, uncooked materials prices, and varied market dangers. The data relating to this government shift relies on a press launch assertion from Mercer Worldwide Inc.
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