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Stock Market & Financial Investment News

News Breaks
March 28, 2014
16:07 EDTMXMagnaChip CFO Sakai resigns
MagnaChip Semiconductor announced that Margaret Sakai has resigned as the company's executive VP and CFO and from all other officer and director positions with the company and its subsidiaries, effectively immediately. The company is currently negotiating the terms of Sakai's separation from MagnaChip's Korean subsidiary. The company also announced that its board has appointed Jonathan Kim, the company's senior VP and Chief Accounting Officer, as interim CFO, effective immediately. The board has also commenced a search for a new CFO.
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