Magnachip names Shinyoung Park as CFO, effective Jan 1, 2022, succeeding Young Soo Woo

MAGNACHIP SEMICONDUCTOR Corp

Young Soo Woo resigned as CFO effective Dec 31, 2021; not due to disagreement.
Shinyoung Park, previously CAO, appointed CFO effective Jan 1, 2022.
Separation agreement with Woo includes 6 months base salary severance and unvested equity award treatment.
Park joined Magnachip in 2014, served as CAO since March 2020, previously Corporate Controller.
CEO YJ Kim commented on Park's appointment and thanked Woo for his contributions.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Young Soo Woo

Chief Financial Officer

MX · MAGNACHIP SEMICONDUCTOR Corp

Effective: 2021-12-31
Successor: Shinyoung Park
Filed: January 3, 2022, 6:59 PM ET

On December 29, 2021, Young Soo Woo, Chief Financial Officer of Magnachip Semiconductor Corporation (the “Company”), resigned from the position of Chief Financial Officer, to be effective at the end of December 31, 2021.

Role change

Shinyoung Park

Chief Financial Officer

MX · MAGNACHIP SEMICONDUCTOR Corp

Effective: 2022-01-01
Filed: January 3, 2022, 6:59 PM ET

The Board of Directors of the Company (the “Board”) has appointed Shinyoung Park as Chief Financial Officer of the Company, to be effective as of January 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Young Soo Woo resigned as Chief Financial Officer at MAGNACHIP SEMICONDUCTOR Corp.

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On December 29, 2021, Young Soo Woo, Chief Financial Officer of Magnachip Semiconductor Corporation (the “Company”), resigned from the position of Chief Financial Officer, to be effective at the end of December 31, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Shinyoung Park was appointed as Chief Financial Officer at MAGNACHIP SEMICONDUCTOR Corp.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

The Board of Directors of the Company (the “Board”) has appointed Shinyoung Park as Chief Financial Officer of the Company, to be effective as of January 1, 2022.

View on SEC.gov

MAGNACHIP SEMICONDUCTOR Corp filing history →

Source: SEC EDGAR

accession 0001193125-22-000616

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