{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-289285","form_type":"8-K","ticker":"MX","cik":"0001325702","company_name":"MAGNACHIP SEMICONDUCTOR Corp","filed_at":"2026-06-30T10:10:02+00:00","discovered_at":"2026-06-30T10:15:00.289500+00:00","generated_at":"2026-06-30T10:15:08.136031+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Magnachip appoints Chae Lee as CEO effective July 1, 2026; Martino remains Chairman","bullets":["Chae Lee appointed CEO, effective July 1, 2026; succeeds Camillo Martino who continues as Chairman.","Lee's compensation: $560,000 base salary, target bonus 100% of base (up to 200%), initial equity award of 875,000 shares (RSUs, PSUs, options) with four-year vesting.","Martino's interim CEO role ends; receives lump sum payment equal to 30 days fees and acceleration of 105,484 RSUs.","Lee previously CEO of Tagore Technology, senior roles at NXP and Maxim; brings 30+ years semiconductor experience."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-289285","json":"https://secwatch.observer/filing/0001193125-26-289285.json","markdown":"https://secwatch.observer/filing/0001193125-26-289285.md","text":"https://secwatch.observer/filing/0001193125-26-289285.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1325702/000119312526289285/0001193125-26-289285-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1325702/000119312526289285/mx-20260630.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T10:15:08.136031+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":[{"claim_id":"017246a91d","claim":"Chae Lee was appointed as Chief Executive Officer at MAGNACHIP SEMICONDUCTOR Corp.","evidence_excerpt":"appointed Chae Lee to serve as the Company’s Chief Executive Officer and as its principal executive officer, effective July 1, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325702/000119312526289285/0001193125-26-289285-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"3c454e302e","claim":"Chae Lee was appointed as Director at MAGNACHIP SEMICONDUCTOR Corp.","evidence_excerpt":"appointed Mr. Lee as a director effective July 1, 2026","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325702/000119312526289285/0001193125-26-289285-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"a9d643b859","claim":"Camillo Martino resigned as Interim Chief Executive Officer at MAGNACHIP SEMICONDUCTOR Corp.","evidence_excerpt":"Camillo Martino resigned from his position as Interim Chief Executive Officer of the Company as of the effective date of Mr. Lee’s appointment","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1325702/000119312526289285/0001193125-26-289285-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Interim Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}