Chae Lee was named Chief Executive Officer of MAGNACHIP SEMICONDUCTOR Corp, succeeding Camillo Martino, effective July 1, 2026. As of November 6, 2026, MAGNACHIP SEMICONDUCTOR Corp has reported one leadership change filing to the SEC under Item 5.02 of Form 8-K, on June 30, 2026, naming 1 appointment and 1 departure (Form 8-K, June 30, 2026).
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MAGNACHIP SEMICONDUCTOR Corp reported a change among its directors and officers to the SEC on Form 8-K, Item 5.02, on 2026-06-30. It names 2 people, with 1 appointment and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as MAGNACHIP SEMICONDUCTOR Corp files it.
Also on the record for MAGNACHIP SEMICONDUCTOR Corp
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| March 20, 2026 | Stake report, Schedule 13G/A, by TORO 18 HOLDINGS LLC | 4.1% of the class | 5%+ stakes | Source |
| February 17, 2026 | Stake report, Schedule 13G/A, by Clearline Capital LP | 4.1% of the class | 5%+ stakes | Source |
| February 11, 2026 | Stake report, Schedule 13G, by SYSTEMATIC FINANCIAL MANAGEMENT LP | — | 5%+ stakes | Source |
| January 20, 2026 | Stake report, Schedule 13D/A, by Byreforge LLC | 8.5% of the class | 5%+ stakes | Source |
| November 20, 2025 | Stake report, Schedule 13D, by Byreforge LLC | 8.5% of the class | 5%+ stakes | Source |
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MAGNACHIP SEMICONDUCTOR Corp elsewhere on the record
- 5%+ stake filings Mar 2026
- Who owns it
Companies that share a holder
- Clearline Capital LP also filed stake reports on 2 other companies: Xperi Inc. (Aug 2026), HERON THERAPEUTICS, INC. /DE/ (Feb 2026)
- SYSTEMATIC FINANCIAL MANAGEMENT LP also filed stake reports on 8 other companies: KVH INDUSTRIES INC \DE\ (Aug 2026), LSI INDUSTRIES INC (Aug 2026), ANGIODYNAMICS INC (Feb 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-06-30 | In | Chief Executive Officer | 2026-07-01 | 8-K, 2026-06-30 | |
| 2026-06-30 | Out | Chief Executive Officer | 8-K, 2026-06-30 |
Who leads MAGNACHIP SEMICONDUCTOR Corp, as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Chief Executive Officer: Chae Lee, appointed, effective 2026-07-01 (filed 2026-06-30).
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Find candidates like Chief Executive Officer at MAGNACHIP SEMICONDUCTOR CorpEvery change, in the filing's words
Appointed: Chae Lee, Chief Executive Officer, effective 2026-07-01
(b), (c) On June 26, 2026, the Board of Directors of Magnachip Semiconductor Corporation (the "Company") appointed Chae Lee to serve as the Company's Chief Executive Officer and as its principal executive officer, effective July 1, 2026.
Departing: Camillo Martino, Chief Executive Officer
In connection with Mr. Lee's appointment, Camillo Martino resigned from his position as Interim Chief Executive Officer of the Company as of the effective date of Mr. Lee's appointment, thereby concluding his service in that interim capacity.
- Departure of Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
- Mr. Martino will continue to serve as Chairman of the Board.
- The Board also increased the size of the Board from four directors to five directors in accordance with its Amended and Restated Bylaws and appointed Mr. Lee as a director effective July 1, 2026, to hold office until the Company's 2027 annual meeting of stockholders and until his successor is duly elected and qualified.
- Mr. Lee, age 61, served as Chief Executive Officer of Tagore Technology, Inc., a pioneer in high-power GaN-based RF switches and power management applications, from January 2023 through July 2024.
- He previously served as Chief Executive Officer of Insyte Systems, Inc. from February 2020 to June 2022.
- From January 2016 to December 2019, Mr. Lee served as Senior Vice President and General Manager of the Secure Interface and Power Solutions business unit of NXP Semiconductors N.V. From June 1999 to March 2015, Mr. Lee served as Senior Vice President of Maxim Integrated Products, Inc. Mr. Lee holds a Bachelor of Science degree in Electrical and Electronics Engineering from the Missouri University of Science and Technology.
- Effective as of July 1, 2026 (the "Effective Date"), the Company entered into an Executive Service Agreement with Mr. Lee (the "Executive Service Agreement").
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.