{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-177958","form_type":"8-K","ticker":"MX","cik":"0001325702","company_name":"MAGNACHIP SEMICONDUCTOR Corp","filed_at":"2025-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.659535+00:00","generated_at":"2026-05-17T15:15:22.938892+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Magnachip CEO YJ Kim steps down; Chairman Camillo Martino named interim; CAPEX cut 50%+","bullets":["CEO YJ Kim resigned effective Aug 11, 2025; Chairman Camillo Martino appointed interim CEO.","Separation agreement: 24-month base salary severance; Kim remains liquidator of Magnachip Mixed-Signal, Ltd.","CAPEX forecast reduced from $65-70M to $30-35M through 2027; net cash outlay expected $12-13M.","Targeting $2-3M annual cost savings from headcount reduction in shared corporate functions.","Board to review strategic alternatives including potential sale; focus on pure-play power semiconductor transition."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-177958","json":"https://secwatch.observer/filing/0001193125-25-177958.json","markdown":"https://secwatch.observer/filing/0001193125-25-177958.md","text":"https://secwatch.observer/filing/0001193125-25-177958.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325702/000119312525177958/0001193125-25-177958-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325702/000119312525177958/d49163d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T15:15:22.938892+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}