Magnachip names Chae Lee as CEO, effective July 1, 2026

Magnachip Semiconductor Corporation (NYSE: MX) has appointed Chae Lee as Chief Executive Officer, effective July 1, 2026, according to a company press release. Lee is also expected to join Magnachip's Board of Directors following the effective date of his appointment.

Lee succeeds Camillo Martino, who has served as Interim Chief Executive Officer since August 2025. Martino will continue as Chairman of the Board of Directors.

Lee brings more than 30 years of experience in the semiconductor industry. Most recently, he served as Chief Executive Officer of Tagore Technology, a provider of Gallium Nitride semiconductor solutions for radio frequency and power applications. Prior to that role, he held senior leadership positions at Insyte Systems, NXP Semiconductors, and Maxim Integrated Products.

"Chae has a strong background ideally suited to guide Magnachip through its next phase of growth," said Martino. "His experience aligns perfectly with Magnachip's strategy to strengthen our product portfolio, accelerate innovation and expand our presence in high-value power semiconductor markets."

"I am honored to join Magnachip at this important point in its evolution," said Lee. "I look forward to working closely with the Board and the entire Magnachip organization to build on the progress already underway and create outstanding value for customers, employees and shareholders."

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