Nader Tavakoli Appointed as Chairman of the Board of MagnaChip Semiconductor
"The Board wishes to thank Gary for his leadership as Chairman of the Board, helping to lead MagnaChip's growth and the building of a solid foundation for future success," said
Mr. Tavakoli has served on MagnaChip's Board of Directors since 2009. He has served on, and chaired, various committees of the Board, and is currently a member of the Audit, Compensation and Risk Committees. Mr. Tavakoli is the Chief Executive Officer of Cobalt International Energy and serves as a Plan Administrator of
"I look forward to working with Nader, our new Chairman, to build a stronger and more profitable MagnaChip," said YJ Kim, MagnaChip's CEO and Director. "And we are very grateful that MagnaChip will continue to benefit from Gary's leadership on the Board."
The following link provides additional information on each of the directors who serve on the Company's Board of Directors: http://investors.magnachip.com/corporate-governance/board-of-directors.
About MagnaChip Semiconductor Corporation
MagnaChip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications. The Company's
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