AI English summary of an SEC filing — figures as filed

The company said that, as reported on a Form 8-K it filed on June 11, 2024, Angie Park was appointed Chief Financial Officer effective December 1, 2024, succeeding KC McClure.

8-K/ADeparture or Appointment of Directors or Certain Officers (amended)Amended filingFiled Jul 19, 2024Period of report Jun 8, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

The company said that, as reported on a Form 8-K it filed on June 11, 2024, Angie Park was appointed Chief Financial Officer effective December 1, 2024, succeeding KC McClure.
The company said KC McClure will step down from the position as of November 30, 2024 and retire on March 1, 2025.
The company said its Committee approved Angie Park's annual base salary of $900,000, effective December 1, 2024, and a target annual bonus for fiscal 2025 of 125% of her base compensation earned during the year (with a maximum of 200%), as approved on July 17, 2024.
The company said the committee approved equity awards with a total target value of $2,975,000. Restricted share units with a fair market value of $2,225,000 as of the grant date are to be granted in January 2025, and restricted share units of $750,000 are to be granted in January 2026.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Angie Park to become CFO on December 1, 2024

The company said that, as reported on a Form 8-K it filed on June 11, 2024, Angie Park was appointed Chief Financial Officer effective December 1, 2024, succeeding KC McClure.

Source · Based on the filing body and exhibits

KC McClure to Step Down and Retire on Set Schedule

The company said KC McClure will step down from the position as of November 30, 2024 and retire on March 1, 2025.

Source · Based on the filing body and exhibits

Angie Park's Cash Pay: Base Salary and Target Bonus

The company said its Committee approved Angie Park's annual base salary of $900,000, effective December 1, 2024, and a target annual bonus for fiscal 2025 of 125% of her base compensation earned during the year (with a maximum of 200%), as approved on July 17, 2024.

Source · Based on the filing body and exhibits

Angie Park's Equity Pay: Total Target Value of $2,975,000

The company said the committee approved equity awards with a total target value of $2,975,000. Restricted share units with a fair market value of $2,225,000 as of the grant date are to be granted in January 2025, and restricted share units of $750,000 are to be granted in January 2026.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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