Welcome to our dedicated page for Magnachip Semiconductor N SEC filings (Ticker: MX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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Magnachip Semiconductor appointed Camillo Martino as Interim Chief Executive Officer on August 11, 2025. Mr. Martino, age 63, has served as non-executive Chairman since June 2020 and as a director since August 2016; he will continue as Chair but has stepped down from the Audit, Compensation and Nominating and Corporate Governance Committees. The prior CEO, Young-Joon Kim, resigned as Chief Executive Officer on August 11, 2025 and from the Board on August 8, 2025 and will remain the liquidator of Magnachip Mixed-Signal, Ltd. until its liquidation is complete. Under a Separation Agreement, the company agreed to pay Mr. Kim cash severance equal to twenty-four times his monthly base salary, payable ratably over 24 months with the first payment due two months after separation, plus any earned prorated 2025 bonus; outstanding unvested equity awards will be treated as if the separation were a termination without cause for purposes of the applicable equity plans. The Separation Benefits are contingent on execution and non-revocation of a release and compliance with confidentiality and other agreements. The Separation Agreement is filed as Exhibit 10.1 and a related press release is furnished as Exhibit 99.1.
Magnachip Semiconductor (NYSE:MX) filed a Form 8-K reporting the results of its 2025 Annual Meeting held on June 23, 2025.
With 79.21% quorum (28.6 M shares), shareholders re-elected all five directors, gave 77% advisory approval to 2024 executive compensation (16.1 M for / 4.7 M against) and ratified Ernst & Young Han Young as auditor for FY 2025 (28.1 M for / 0.45 M against). No other matters were brought forward.