MagnaChip Semiconductor CEO Young-Joon Kim's 2019 pay falls 27% to $2.2M
MagnaChip Semiconductor reports 2019 executive compensation
By ExecPay News
Published: April 29, 2020
MagnaChip Semiconductor reported fiscal year 2019 executive compensation information on April 29, 2020.
In 2019, five executives at MagnaChip Semiconductor received on average a compensation package of $1.1M, a 9% decrease compared to previous year.
Average pay of disclosed executives at MagnaChip Semiconductor
Young-Joon Kim, Chief Executive Officer, received $2.2M in total, which decreased by 27% compared to 2018. 45% of Kim's compensation, or $968K, was in stock awards. Kim also received $57K of change in pension value and nonqualified deferred compensation earnings, $558K in salary, as well as $580K in other compensation.
For fiscal year 2019, the median employee pay was $72,495 at MagnaChip Semiconductor. Therefore, the ratio of Young-Joon Kim's pay to the median employee pay was 30 to one.
Theodore Kim, General Counsel, received a compensation package of $1.2M, which increased by 19% compared to previous year. 46% of the compensation package, or $547K, was in stock awards.
Woung Moo Lee, Executive Vice President and General Manager of Power Business and Head of Worldwide Sales, earned $934K in 2019, a 9% increase compared to previous year.
Jonathan Kim, Chief Financial Officer, received $876K in 2019, which increases by 3% compared to 2018.
Tae Jong Lee, Former Executive Vice President and General Manager, Foundry Services Group, earned $358K in 2019, a 11% decrease compared to previous year.
Related executives
Young-Joon Kim
MagnaChip Semiconductor
Chief Executive Officer
Jonathan Kim
MagnaChip Semiconductor
Chief Financial Officer
Theodore Kim
MagnaChip Semiconductor
General Counsel
Woung Lee
MagnaChip Semiconductor
General Manager of Worldwide Sales
Tae Lee
MagnaChip Semiconductor
Former Executive Vice President and General Manager, Foundry Services Group
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Source: SEC filing on April 29, 2020.