Amkor Tech Elects New Directors, Updates CFO Employment
Ticker: AMKR · Form: 8-K · Filed: Nov 3, 2025 · CIK: 1047127
| Field | Detail |
|---|---|
| Company | Amkor Technology, Inc. (AMKR) |
| Form Type | 8-K |
| Filed Date | Nov 3, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, board-of-directors, employment-agreement
Related Tickers: AMKR
TL;DR
Amkor Tech adds 2 directors, gives CFO new contract with $500k base.
AI Summary
Amkor Technology, Inc. announced on October 28, 2025, changes in its board of directors and executive compensation. Specifically, the company elected two new directors, Ms. Sarah E. Klevens and Mr. David J. Y. Chen, to its board. Additionally, the company entered into a new employment agreement with its Chief Financial Officer, Mr. Michael J. Costello, effective October 28, 2025, which includes a base salary of $500,000 and potential performance-based bonuses.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes and executive compensation adjustments, which are common and typically do not indicate significant new risks.
Key Numbers
- $500,000 — CFO Base Salary (New employment agreement for Michael J. Costello)
Key Players & Entities
- Amkor Technology, Inc. (company) — Registrant
- Sarah E. Klevens (person) — Newly Elected Director
- David J. Y. Chen (person) — Newly Elected Director
- Michael J. Costello (person) — Chief Financial Officer
- $500,000 (dollar_amount) — CFO's new base salary
FAQ
Who are the newly elected directors at Amkor Technology, Inc.?
The newly elected directors are Ms. Sarah E. Klevens and Mr. David J. Y. Chen.
What is the effective date of the new employment agreement for the CFO?
The new employment agreement for Michael J. Costello is effective October 28, 2025.
What is the base salary for Amkor's CFO under the new agreement?
The base salary for Michael J. Costello is $500,000.
What other compensation components are mentioned in the CFO's new employment agreement?
The agreement also includes potential performance-based bonuses.
What is the primary purpose of this Form 8-K filing?
The filing reports on the departure/election of directors, appointment of officers, and compensatory arrangements of certain officers.
Filing Stats: 447 words · 2 min read · ~1 pages · Grade level 11.9 · Accepted 2025-11-03 09:06:20
Key Financial Figures
- $0.001 — ange on Which Registered Common Stock, $0.001 par value AMKR The NASDAQ Global Select
Filing Documents
- amkr-20251028.htm (8-K) — 22KB
- 0001047127-25-000195.txt ( ) — 134KB
- amkr-20251028.xsd (EX-101.SCH) — 2KB
- amkr-20251028_lab.xml (EX-101.LAB) — 21KB
- amkr-20251028_pre.xml (EX-101.PRE) — 12KB
- amkr-20251028_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMKOR TECHNOLOGY, INC. By: /s/ Mark N. Rogers Mark N. Rogers Executive Vice President, General Counsel and Corporate Secretary Date: November 3, 2025