leadership
confidence high
sentiment neutral
materiality 0.35
Magnachip finalizes interim CEO Martino's compensation: $387K/yr cash, 105K RSUs
MAGNACHIP SEMICONDUCTOR Corp
- Camillo Martino appointed interim CEO effective Aug 11, 2025; compensation finalized in Consulting and Executive Service Agreements dated Sept 30, 2025.
- Parent cash compensation: $387,504 per annum, monthly installments; plus 105,484 RSUs vesting fully on Aug 11, 2026 or upon change of control.
- Korean subsidiary Executive Service Agreement: total cash compensation of $112,500, payable monthly, contingent on work permit approval, from Nov 1, 2025 to Aug 10, 2026.
- Martino continues as Chairman of the Board but waives director compensation during the interim CEO term.
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