Magnachip Semiconductor Corporation announced that Ms. Shinyoung Park has been promoted to Chief Financial Officer, effective as of January 1, 2022. Ms. Park succeeds Dr. Young Soo Woo, who stepped down from the position effective as of the end of December 31, 2021. Ms. Park joined Magnachip in 2014 and served as Chief Accounting Officer from March 2020 to December 2021.

She previously served as Corporate Controller from November 2018 to February 2020. Prior to joining Magnachip, Ms. Park held various senior advisory and audit service positions for 10 years with Deloitte in three different locations—Chicago, Illinois, Seoul, South Korea, and London, U.K.