Sign in

    Juan Carlos Bueno

    Chief Executive Officer and President at MERCER INTERNATIONAL
    Board
    Since May 1, 2022
    Age
    56 years
    Education
    Holds a Bachelor of Science degree in Industrial Engineering and a graduate degree in Negotiation & International Relations.
    Tenure
    Joined MERC on May 1, 2022 as Chief Executive Officer and President and serves as a board member.

    Also at MERCER INTERNATIONAL

    AK
    Adolf Koppensteiner
    Chief Operating Officer, Pulp Products
    CA
    Cindy Alekson
    Vice President, Controller
    GS
    Genevieve Stannus
    Vice President, Treasurer

    About

    The executive currently serves as the Chief Executive Officer and President at MERC, having joined on May 01, 2022, and concurrently assuming a board membership role.

    At 56 years of age as of 2025, he has acquired a solid academic foundation with a Bachelor of Science degree in Industrial Engineering and a graduate degree in Negotiation & International Relations.

    Prior to his tenure at MERC, he held several high-level roles, including Chairman and co-founder at Global Energy, Executive Vice President and Divisional CEO at Stora Enso, and various executive positions at EI DuPont de Nemours & Company, contributing significantly to operational growth and strategic innovation.

    With a career spanning diverse industries and geographies, his leadership has been marked by a focus on operational excellence and sustainable growth, underpinned by extensive experience in global industrial operations and innovation.

    $MERC Performance Under Juan Carlos Bueno

    Past Roles

    OrganizationRoleDate RangeDetails
    Global Energy Chairman of the Board and Co-founder 2018 to March 2022Produces novel green energy generation devices
    Stora Enso Executive Vice President and Divisional CEO, Biomaterials 2011 to 2017Designed and led the biomaterials division, expanded into new sectors such as lignin and hemicellulose, and oversaw six manufacturing sites with approximately 2,000 employees
    EI DuPont de Nemours & Company Various executive positions (Vice President, Crop Protection; President, Agar Cross; Commercial Manager; Global Financial Analyst; Business Consultant) N/AHeld roles in multiple countries (Brazil, UK, Argentina, Colombia, USA) and the company later merged with Dow Chemical Company to form DowDuPont

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$726,23020232023 base salary
    Retirement Plan Contributions$94,1292023Retirement contributions
    Change in Pension Value and Non-Qualified Deferred Compensation Earnings$98,9272023Pension value change
    All Other Compensation$480,9232023Housing, auto, and other contributions
    Severance Benefits (Termination Without Cause)$2,490,312Upon Termination2 x (base salary + average bonus)
    Change of Control Benefits$6,101,819Upon Change of Control and TerminationIncludes severance and PSU acceleration

    Performance Compensation

    Data from  FY 2023

    Bonus (STIP) Performance

    MetricTarget/Threshold/Max DetailsWeight (%)Actual Achievement
    Operating EBITDAThreshold: <55%, Target: 100%, Maximum: >150% 400%
    SafetyMinimum target achieved with pro-rata basis 10121%
    GHG EmissionsMeasured on fuel oil intensity 591%
    ProductivityBased on pulp production weighted by wood consumption 1568%
    Costs/ProfitabilityBased on cash production cost metrics and EBITDA/m³ 10120%
    Individual ComponentAnnual performance targets set by management 20100%
    Overall STIP Achievement59% of Bonus Target10059%

    Cash Bonus Awarded: $426,966 representing 59% of the 2023 base salary.

    Stock Awards (PSUs) Performance

    MetricValueDetails/Notes
    Threshold PSUs62,098Minimum vesting if minimum performance achieved
    Target PSUs124,195Based on achieving performance objectives
    Maximum PSUs248,390Vesting at 200% of performance award
    Performance PeriodJan 1, 2023 - Dec 31, 2025LTIP evaluation period
    Vesting DateAfter Dec 31, 2025Contingent on achieving LTIP criteria
    Grant DateFeb 15, 2023
    Grant Date Fair Value$2,883,808For maximum vesting level
    Grant Date Stock Price$11.61 per shareClosing market price on grant date