Mr. David M. Gandossi is Chief Financial Officer, Executive Vice President, Secretary of Mercer International Inc., since August 15, 2003. Mr. Gandossi was formerly the Chief Financial Officer and Executive VicePresident of Formation Forest Products from June 2002 to August 2003. Mr. Gandossi previously served as Chief Financial Officer, VicePresident, Finance and Secretary of Pacifica Papers Inc., a North American specialty pulp and paper manufacturing company previously listed on the Toronto Stock Exchange, from December 1999 to August 2001 and Controller and Treasurer from June 1998 to December 1999. From June 1998 to August 31, 1998, he also served as Secretary to Pacifica Papers Inc. From March 1998 to June 1998, Mr. Gandossi served as Controller, Treasurer and Secretary of MB Paper Ltd. From April 1994 to March 1998, Mr. Gandossi held the position of Controller and Treasurer with Harmac Pacific Inc., a Canadian pulp manufacturing company previously listed on the Toronto Stock Exchange. Mr. Gandossi participated in the Pulp and Paper Advisory Committee of the British Columbia Competition Council and was a member of the British Columbia Working Roundtable on Forestry. From February 2007 to present, he has chaired the B.C. Pulp and Paper Task Force, a government industry and labor effort that is mandated to identify measures to improve the competitiveness of the British Columbia pulp and paper industry. Mr. Gandossi is a member of the Institute of Chartered Accountants in Canada.
CFO, Principal Accounting Officer, Executive VP of Fin. and Secretary
Age: 54 CFO Since 2003
The company has return on total asset (ROA) of 2.55 % which means that it generated profit of $2.55 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (3.73) % meaning that it created substantial loss on money invested by shareholders.
The company currently holds 997.34 M in liabilities with Debt to Equity (D/E) ratio of 2.76 implying the company greatly relies on financing operations through barroing. Mercer International Inc has Current Ratio of 2.48 suggesting that it is liquid enough and is able to pay its financial obligations when they are due.
Entity SummaryMercer International Inc., together with its subsidiaries, engages in the manufacture and sale of northern bleached softwood kraft pulp primarily in North America, Europe, and Asia. Mercer International Inc [MERC] is traded on NASDAQ in USA. It is located in Vancouver, BC VC G and employs 1,500 people. Filter other
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Mercer International Inc
Mercer International Inc has less than 33.94 (%) percent chance of experiencing financial distress in the next 2 years of operations.
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