---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-000616"
form_type: "8-K"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2022-01-03T23:59:59+00:00"
generated_at: "2026-06-27T21:17:51.109937+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-000616
- form_type: 8-K
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2022-01-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325702/000119312522000616/0001193125-22-000616-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000119312522000616/d280990d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-000616
- JSON: https://secwatch.observer/filing/0001193125-22-000616.json
- Plain text: https://secwatch.observer/filing/0001193125-22-000616.txt

## Key facts
- Executive change
  Young Soo Woo resigned as Chief Financial Officer at MAGNACHIP SEMICONDUCTOR Corp.
  - Action: resigned
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325702/000119312522000616/0001193125-22-000616-index.htm
- Executive change
  Shinyoung Park was appointed as Chief Financial Officer at MAGNACHIP SEMICONDUCTOR Corp.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325702/000119312522000616/0001193125-22-000616-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.