Magnachip appointed Chae Lee as Chief Executive Officer and director effective July 1, 2026, and Camillo Martino resigned as Interim Chief Executive Officer while remaining Chairman of the Board.
| IndividualChae LeeCamillo Martino | RoleChief Executive Officer; DirectorInterim Chief Executive Officer; Chairman of the Board | Type of ChangeAppointedResigned (from interim CEO) | Effective DateJuly 1, 2026July 1, 2026 | ReasonBoard appointment (to serve as CEO and director)Concluded interim CEO service upon Lee's appointment | Replacement InfoNot disclosedReplaced as Interim CEO by Chae Lee | Background DetailsAge 61; prior CEO roles at Tagore Technology (Jan 2023–Jul 2024) and Insyte Systems (Feb 2020–Jun 2022); SVP roles at NXP (2016–2019) and Maxim (1999–2015); B.S. in Electrical & Electronics Engineering.Will continue to serve as Chairman of the Board; Consulting and Executive Services Agreements terminated effective July 1, 2026; received lump-sum payment for 30 days of accrued fees and accelerated vesting of 105,484 RSUs. | Board/Committee Role ChangesAppointed as director to hold office until 2027 annual meetingRemains Chairman of the Board |
Original SEC Filing:
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