Amkor Technology executive chairman James Kim to retire

Amkor Technology announced that James Kim will be stepping down as Executive Chairman of Amkor and retiring from the company effective October 31, 2024. Susan Kim, Amkor’s Executive Vice Chairman, will become Chairman of the Board at that time. Kim founded Amkor in 1968 and has been a pioneer in the outsourced semiconductor assembly and test services industry during his more than 56 years of service to the company. In recognition of his extraordinary contributions, the Board will recognize Kim with the honorary title of Chairman Emeritus upon his retirement. “After more than 50 years, I have decided that now is the appropriate time for me to retire,” said Mr. Kim. “Amkor is financially sound, and with our strong technology leadership in advanced packaging, a uniquely diversified global footprint, and partnerships with lead customers, we are well positioned for growth. I have full confidence in our president and chief executive officer, Giel Rutten, my daughter, Susan, as Chairman of the Board, and our other Board members to help lead the company to great success in the future.”