Mercer International Inc. has announced that Ken Shields has resigned as a director of the Company.
Mr. Shields stated: "It has been a great pleasure to serve as a director and vice-chairman of Mercer but, due to demands from my other business interests, including the potential for increasing overlap between them and the Company in the energy segment, I felt it was appropriate to resign at this time. I wish the Company every success in the future."
Jimmy Lee, President and CEO, stated: "We regretfully accepted Ken's resignation as a director and, on behalf of the whole board and myself, wish to thank him for his invaluable service and contribution to the Company over the past eight years. We will miss his guidance and contribution and wish Ken all the best in all his future endeavours."
Mercer International Inc. is a global pulp manufacturing company. To obtain further information on the company, please visit its web site at http://www.mercerint.com.