Magnachip Appoints Cristiano Amoruso to Board of Directors as Independent Director

Magnachip Semiconductor Corporation has appointed Cristiano Amoruso as an independent director to its board of directors, effective January 14, 2026. Amoruso brings operational leadership and investment acumen in high-growth technology markets, and his experience driving transformation and value creation will be valuable as the company returns to growth following its transition to a pure play power products company.