Business Context and Reporting Period
This Form 8-K Current Report was filed by Amkor Technology, Inc. on September 16, 2024. The filing primarily addresses corporate governance changes regarding the Board of Directors.
Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. It is a report on executive personnel changes.
Material Changes
- Executive Departure: James J. Kim will step down as Executive Chairman of the Board effective October 31, 2024.
- Succession: Upon Mr. Kim's departure, he will be appointed Chairman Emeritus, and Susan Y. Kim will become the new Chairman of the Board.
- Board Composition: The size of the Board will be reduced to ten Directors effective upon Mr. Kim's retirement.
- Reason for Departure: The filing explicitly states the decision was not due to any disagreement with the Company regarding operations, policies, or practices.
Guidance, Outlook, and Risks
The filing includes no financial guidance, operational outlook, or discussion of material risks and contingencies. It references a press release (Exhibit 99.1) regarding the retirement announcement, which is furnished but not filed.
Key Facts for Investor Verification
- Verify the effective date of the leadership transition (October 31, 2024).
- Confirm the new Board size of ten directors.
- Review the attached press release (Exhibit 99.1) for additional context on the transition plan.
- Note that this filing contains no financial performance data; refer to the most recent 10-Q or 10-K for financial metrics.