People: MagnaChip Semiconductor Corp (MX)
MX on New York Consolidated
18.29USD
18 Jun 2013
18.29USD
18 Jun 2013
Price Change (% chg)
$0.07 (+0.38%)
$0.07 (+0.38%)
Prev Close
$18.22
$18.22
Open
$18.19
$18.19
Day's High
$18.40
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Day's Low
$18.06
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Volume
309,118
309,118
Avg. Vol
497,037
497,037
52-wk High
$19.33
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52-wk Low
$8.38
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Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Sang Park |
64 | 2007 | Chairman of the Board, Chief Executive Officer |
Tae Young Hwang |
55 | 2009 | President, Chief Operating Officer |
Margaret Sakai |
54 | 2011 | Chief Financial Officer, Executive Vice President |
John McFarland |
45 | 2011 | Executive Vice President, General Counsel, Secretary |
Heung Kyu Kim |
48 | 2010 | Executive Vice President, General Manager - Power Solutions Division |
YJ Kim |
2013 | Executive Vice President, General Manager - Display Solutions Division | |
Tae Jong Lee |
49 | 2011 | Executive Vice President, General Manager - Corporate Engineering |
Brent Rowe |
50 | 2010 | Executive Vice President - Worldwide Sales |
Michael Elkins |
44 | 2009 | Director |
Randal Klein |
46 | 2009 | Director |
Ilbok Lee |
67 | 2011 | Independent Director |
Brian Mulhern |
37 | 2011 | Independent Director |
R. Douglas Norby |
77 | 2010 | Independent Director |
Nader Tavakoli |
54 | 2009 | Independent Director |
Robert Pursel |
Director of Investor Relations |
Biographies
| Name | Description |
|---|---|
Sang Park |
Mr. Sang Park serves as Chairman of the Board, Chief Executive Officer of Magnachip Semiconductor Corp., since January 1, 2007. He was President, Chief Executive Officer and director since May 2006. Mr. Park served as an executive fellow for iSuppli Corporation from January 2005 to May 2006. Prior to joining iSuppli, he was founder and president of SP Associates, a consulting services provider for technology companies, from September 2003 to December 2004. Mr. Park served as Chief Executive Officer of Hynix from May 2002 to March 2003, and as Chief Operating Officer and President of the Semiconductor Division of Hynix from July 1999 to April 2002. Prior to his service at Hynix, Mr. Park was Vice President of Procurement Engineering at IBM in New York from 1995 to 1999, and he held various positions in procurement and operations at Hewlett Packard in California from 1979 to 1995. |
Tae Young Hwang |
Mr. Tae Young Hwang serves as President, Chief Operating Officer of Magnachip Semiconductor Corp., since November 2009. He previously served as Executive Vice President, Manufacturing Division, and General Manager, Display Solutions from January 2007, and Executive Vice President of Manufacturing Operations from October 2004. Prior to that time, Mr. Hwang served as Hynix’s Senior Vice President of Manufacturing Operations, System IC, from 2002 to 2003. From 1999 to 2001, he was Vice President of Cheongju Operations for Hynix. Mr. Hwang holds a B.S. degree in Mechanical Engineering from Pusan National University and an M.B.A. from Cheongju University. |
Margaret Sakai |
Ms. Margaret Sakai serves as Chief Financial Officer, Executive Vice President of Magnachip Semiconductor Corp., since April 2011. She was Senior Vice President and Chief Financial Officer since April 2009 and Senior Vice President, Finance, since November 2006. Prior to joining the company, she served as Chief Financial Officer of Asia Finance and Vice President of Photronics, Inc., a manufacturer of reticles and photomasks for semiconductor and microelectronic applications, since November 2003. From June 1999 to October 2003, Ms. Sakai was Executive Vice President and Chief Financial Officer of PKL Corporation, a photomask manufacturer. From October 1995 to May 1999, Ms. Sakai served as Director of Finance of Acqutek International Limited, a lead-frame manufacturer, and from March 1992 to September 1995, Ms. Sakai served as Financial Manager at National Semiconductor Corporation. Ms. Sakai worked as an Audit Supervisor at Coopers & Lybrand from January 1988 to March 1992. Ms. Sakai is a Certified Public Accountant in the State of California and holds a B.A. degree in Accounting from Babson College. |
John McFarland |
Mr. John McFarland serves as Executive Vice President, General Counsel, Secretary of Magnachip Semiconductor Corp., since April 2011. He was Senior Vice President and Vice President, General Counsel and Secretary since November 2004. Prior to joining the company, Mr. McFarland served as a foreign legal consultant at Bae, Kim & Lee, a law firm, from August 2003 to November 2004 and an associate at Wilson Sonsini Goodrich & Rosati, P.C., a law firm, from August 2000 to July 2003. Mr. McFarland holds a B.A. degree in Asian Studies, conferred with highest distinction from the University of Michigan, and a J.D. degree from the University of California, Los Angeles, School of Law. |
Heung Kyu Kim |
Mr. Heung Kyu Kim serves as Executive Vice President, General Manager - Power Solutions Division of Magnachip Semiconductor Corp., since December 2010. He was Senior Vice President and General Manager, Corporate Engineering since July 2007. Prior to joining the company, Mr. Kim served at Fairchild Semiconductor International, Inc., a semiconductor manufacturer, as Vice President of the Power Conversion Product Line from July 2003 to June 2007, and as Director of Korea Sales and Marketing from April 1999 to June 2003. Mr. Kim holds a B.S. degree in Metallurgical Engineering from Korea University. |
YJ Kim |
Mr. YJ Kim is Executive Vice President, General Manager - Display Solutions Division of MagnaChip Semiconductor Corporation. Mr. Kim has over 24 years of semiconductor industry experience. He joins MagnaChip from Cavium, Inc., where he was Vice President of the Infrastructure Processor Division and General Manager of the Multi-core Processor Group. Prior to Cavium, Mr. Kim was Core Team Lead and GM at Intel Corporation, where he also held various other management positions in marketing and business development. Mr. Kim has also served as Director of Marketing at Samsung Semiconductor, Inc. in San Jose, where he defined strategy and business planning for their memory and microprocessor products. Mr. Kim holds Bachelor of Science and Master of Engineering in Electrical Engineering degrees from Cornell University. |
Tae Jong Lee |
Mr. Tae Jong Lee serves as Executive Vice President, General Manager - Corporate Engineering of Magnachip Semiconductor Corp., December 2011. He was Senior Vice President and Vice President and General Manager, Corporate Engineering, since September 2007. Prior to joining the company, Mr. Lee served as Director of the Technology Development Division, Chartered Semiconductor Manufacturing, in Singapore from 1999 to August 2007. Mr. Lee holds B.S. and M.S. degrees from Seoul National University, and a Ph.D in Physics from the University of Texas at Dallas. |
Brent Rowe |
Mr. Brent Rowe serves as Executive Vice President - Worldwide Sales of Magnachip Semiconductor Corp., since December 2010. He was Senior Vice President, Worldwide Sales since April 2006. Prior to joining the company, Mr. Rowe served at Fairchild Semiconductor International, Inc., a semiconductor manufacturer, as Vice President, Americas Sales and Marketing from August 2003 to October 2005; Vice President, Europe Sales and Marketing from August 2002 to August 2003; and Vice President, Japan Sales and Marketing from April 2002 to August 2002. Mr. Rowe holds a B.S. degree in Chemical Engineering from the University of Illinois. |
Michael Elkins |
Mr. Michael Elkins serves as a Director of Magnachip Semiconductor Corp., since November 2009. Mr. Elkins joined Avenue in 2004 and is currently a Portfolio Manager of the Avenue U.S. Funds. In such capacity, Mr. Elkins is responsible for assisting with the direction of the investment activities of the Avenue U.S. strategy. Prior to joining Avenue, Mr. Elkins was a Portfolio Manager and Trader with ABP Investments US, Inc. While at ABP, he was responsible for actively managing high yield investments using a total return-special situations overlay strategy. Prior to ABP, Mr. Elkins served as a Portfolio Manager and Trader for UBK Asset Management, after joining the company as a High Yield Credit Analyst. Previously, Mr. Elkins was a Credit Analyst for both Oppenheimer & Co., Inc. and Smith Barney, Inc. Mr. Elkins has served on the board of directors of Vertis Communication, an advertising services company, since October 2008, Milacron LLC, a plastics-processing technologies and industrial fluids supplier, since April 2009, Ion Media Networks, Inc., a broadcast television station group, since December 2009 and American Media, Inc., a media brands and magazine publishing company, since December 2010. Mr. Elkins serves on the board of directors of each of these companies, all of which are private companies, in connection with a reorganization or refinancing involving affiliates of Avenue and serves as a result of his position with Avenue. Mr. Elkins holds a B.A. in Marketing from George Washington University and an M.B.A. in Finance from the Goizueta Business School at Emory University. |
Randal Klein |
Mr. Randal Klein serves as a Director of Magnachip Semiconductor Corp., since November 2009. Mr. Klein joined Avenue, affiliate, in 2004 and is currently a Portfolio Manager at Avenue focused on investments in trade claims and vendor financing. Previously, he was a Senior Vice President of the Avenue U.S. Funds. In such capacity, Mr. Klein was responsible for managing restructuring activities and identifying, analyzing and modeling investment opportunities for the Avenue U.S. strategy. Prior to joining Avenue, Mr. Klein was a Senior Vice President at Lehman Brothers, where his responsibilities included restructuring advisory work, financial sponsors coverage, mergers and acquisitions and corporate finance. Prior to Lehman, Mr. Klein worked in sales, marketing and engineering as an aerospace engineer for The Boeing Company. Mr. Klein holds a B.S. in Aerospace Engineering, conferred with Highest Distinction from the University of Virginia, and an M.B.A. in Finance from the Wharton School of the University of Pennsylvania. |
Ilbok Lee |
Dr. Ilbok Lee is Independent Director of MagnaChip Semiconductor Corp., since August 2011. Dr. Lee has been President and Chief Executive Officer of Silego Technology, Inc., a semiconductor company, since its inception in October 2001. From April 1999 to September 2001, Dr. Lee served as Senior Vice President and General Manager of the Timing Division at Cypress Semiconductor Corp., a public semiconductor company, and from May 1992 to March 1999 served as President and Chief Executive Officer of IC Works, Inc., a semiconductor company he co-founded that was acquired by Cypress in 2001. Dr. Lee co-founded Samsung Semiconductor, Inc. (U.S.A.) in July 1983 and served in various positions at the company, including President and Chief Executive Officer, until May 1992. Prior to Samsung, Dr. Lee served in various technical and managerial positions at Intel and National Semiconductor. Dr. Lee served as a member of board of directors for Sierra Monolithic, a privately held semiconductor company, from 2002 through 2009. Dr. Lee received a Ph.D. and M.S.E.E. from the University of Minnesota and a B.S.E.E. from Seoul National University. |
Brian Mulhern |
Mr. Brian Mulhern is Independent Director of Magnachip Semiconductor Corp., since August 2011. Mr. Mulhern joined Avenue, affiliate, in 2004 and is currently a Senior Vice President at Avenue focused on identifying, analyzing and modeling investment opportunities for the Avenue U.S. strategy, primarily focused in the telecom, media and technology industries. Prior to joining Avenue, Mr. Mulhern was a Senior Vice President at Citadel Investment Group based in Chicago and London, focused on the analysis, negotiation and management of privately structured debt, equity and equity-linked investments. Previously, he was an analyst in Merrill Lynch’s merger & acquisition group and a consultant at Booz, Allen & Hamilton. Mr. Mulhern received a B.A. in Economics from the University of Notre Dame. |
R. Douglas Norby |
Mr. R. Douglas Norby serves as an Independent Director of Magnachip Semiconductor Corp., since March 2010. Mr. Norby became Chairman of the Audit Committee in March 2010. Mr. Norby retired from full time employment in July 2006. Mr. Norby previously served as director and Chairman of the Audit Committee from May 2006 until October 2008. Mr. Norby served as Senior Vice President and Chief Financial Officer of Tessera Technologies, Inc., a public semiconductor intellectual property company, from July 2003 to January 2006. Mr. Norby worked as a management consultant with Tessera from May 2003 until July 2003 and from January 2006 to July 2006. Mr. Norby served as Chief Financial Officer of Zambeel, Inc., a data storage systems company, from March 2002 until February 2003, and as Senior Vice President and Chief Financial Officer of Novalux, Inc., an optoelectronics company, from December 2000 to March 2002. Prior to his tenure with Novalux, Inc., Mr. Norby served as Executive Vice President and Chief Financial Officer of LSI Logic Corporation from November 1996 to December 2000. Mr. Norby is a director of Alexion Pharmaceuticals, Inc., STATS ChipPAC Ltd. Ikanos Communications, Inc., and Invensas, Inc. Mr. Norby was a director of Intellon Corporation from May 2007 to December 2009. Mr. Norby received a B.A. degree in Economics from Harvard University and an M.B.A. from Harvard Business School. |
Nader Tavakoli |
Mr. Nader Tavakoli serves as an Independent Director of Magnachip Semiconductor Corp., since November 2009. Mr. Tavakoli has been Chairman and Chief Executive Officer of EagleRock Capital Management, a private investment firm based in New York City since January 2002. Prior to founding EagleRock, Mr. Tavakoli was a portfolio manager at Odyssey Partners, Highbridge Capital and Cowen and Co. Mr. Tavakoli holds a B.A. in History from Montclair State University and a J.D. from Rutgers School of Law. |
Robert Pursel |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Sang Park |
1,272,350 |
Tae Young Hwang |
486,979 |
Margaret Sakai |
798,202 |
John McFarland |
431,921 |
Heung Kyu Kim |
-- |
YJ Kim |
-- |
Tae Jong Lee |
-- |
Brent Rowe |
413,924 |
Michael Elkins |
-- |
Randal Klein |
-- |
Ilbok Lee |
-- |
Brian Mulhern |
-- |
R. Douglas Norby |
-- |
Nader Tavakoli |
-- |
Robert Pursel |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Sang Park |
761,600 | 601,664 |
Tae Young Hwang |
558,499 | 225,624 |
Margaret Sakai |
114,240 | 90,250 |
John McFarland |
114,240 | 90,250 |
Heung Kyu Kim |
0 | 0 |
YJ Kim |
0 | 0 |
Tae Jong Lee |
0 | 0 |
Brent Rowe |
190,400 | 150,416 |
Michael Elkins |
0 | 0 |
Randal Klein |
0 | 0 |
Ilbok Lee |
0 | 0 |
Brian Mulhern |
0 | 0 |
R. Douglas Norby |
0 | 0 |
Nader Tavakoli |
0 | 0 |
Robert Pursel |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
MCFARLAND JOHN |
7,000 | $17.00 |
AVENUE SPECIAL SITUATIONS FUND IV L P |
2,966,439 | $0.00 |
AVENUE SPECIAL SITUATIONS FUND IV L P |
406,905 | $0.00 |
AVENUE SPECIAL SITUATIONS FUND IV L P |
2,376,656 | $0.00 |
MCFARLAND JOHN |
14,280 | $12.67 |
HWANG TAE YOUNG |
15,000 | $11.11 |

