Magnachip director Gary Tanner resigns effective July 14, 2023
MAGNACHIP SEMICONDUCTOR Corp
Gary Tanner resigned from Magnachip's board effective July 14, 2023, for personal reasons; no disagreement with company over financial reporting, operations, or policies.
Tanner served as chair of Risk Committee and member of Audit, Compensation, and Strategic Review Committees; joined board in August 2015.
Company will immediately begin search for a new independent director to replace Tanner.
Chairman Camillo Martino and CEO YJ Kim thanked Tanner for his eight years of service and contributions.
On July 17, 2023, Magnachip Semiconductor Corporation (the “Company”) announced that Mr. Gary Tanner has notified the Company of his intention to resign from the Company’s board of directors (the “Board”), which resignation was accepted by the Board and effective as of July 14, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Gary Tanner resigned as Director at MAGNACHIP SEMICONDUCTOR Corp.
Action
resigned
Role
Director
Exact text from the filing
On July 17, 2023, Magnachip Semiconductor Corporation (the “Company”) announced that Mr. Gary Tanner has notified the Company of his intention to resign from the Company’s board of directors (the “Board”), which resignation was accepted by the Board and effective as of July 14, 2023.
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