Board member Mel Keating resigns; Gilbert Nathan named Audit Committee Chair

MAGNACHIP SEMICONDUCTOR Corp

Mel Keating resigned from the board effective Sept 5, 2023 after 7+ years; cites planned separation of Display & Power ops and other obligations.
Resignation not due to any disagreement over financial reporting, operations, or policies.
Board appointed Gilbert Nathan as Audit Committee Chair and Dr. Ilbok Lee as Audit Committee member.

item 5.02 item 9.01

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Departed

Melvin Keating

Director and Audit Committee Chair

MX · MAGNACHIP SEMICONDUCTOR Corp

Effective: 2023-09-05
Filed: September 6, 2023, 7:59 PM ET

On September 6, 2023, Magnachip Semiconductor Corporation (the “Company”) announced that Mr. Melvin Keating 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 September 5, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Melvin Keating resigned as Director and Audit Committee Chair at MAGNACHIP SEMICONDUCTOR Corp.

Action: resigned
Role: Director and Audit Committee Chair

Exact text from the filing

On September 6, 2023, Magnachip Semiconductor Corporation (the “Company”) announced that Mr. Melvin Keating 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 September 5, 2023.

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Source: SEC EDGAR

accession 0001193125-23-229633

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