secwatch.observer — SEC 8-K summary
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Issuer:     AMKOR TECHNOLOGY, INC. (AMKR)
CIK:        0001047127
Form:       8-K
Filed at:   2022-11-18T23:59:59+00:00
Accession:  0001047127-22-000034
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Amkor enters severance agreements with CEO and three EVPs; enhanced CIC terms
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- CEO Giel Rutten gets 18-month base salary + target bonus continuation on non-cause or good-reason termination.
- EVP Megan Faust, Farshad Haghighi, Mark Rogers get 12-month continuation on non-cause termination.
- On change of control, CEO gets 2x (EVPs 1.5x) lump sum of base + target bonus; full equity vesting.
- Severance requires release of claims, non-compete, non-solicit, non-disparagement, confidentiality.
- Agreements effective November 15, 2022; no current departures announced.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047127/000104712722000034/0001047127-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1047127/000104712722000034/amkr-20221115.htm
  HTML page:      https://secwatch.observer/filing/0001047127-22-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer