The company said Daniel J. Brennan will retire as Executive Vice President and Chief Financial Officer effective April 23, 2025, and Jonathan Monson will be promoted to succeed him effective June 29, 2025 June 30, 2025.

1. 01

   The company said Daniel J. Brennan will retire as Executive Vice President and Chief Financial Officer effective April 23, 2025, and Jonathan Monson will be promoted to succeed him effective June 29, 2025 June 30, 2025.

2. 02

   The company said Brennan is expected to remain with the company as a senior advisor until the Retirement Date, October 3, 2025. His base salary in that role will be his current annual base salary of $880,000, prorated through the Retirement Date.

3. 03

   The company said Monson joined in 1999 and has served as Senior Vice President, Investor Relations since March 2024, and as Global Controller and Chief Accounting Officer from July 2019 to March 2024. The press release said that in his new role he will oversee global controllership, treasury, corporate tax and other functions.

4. 04

   The company said Monson's offer letter provides an annual base salary of $700,000, continued eligibility for the ABP with an incentive target of 80% of base salary for 2025, and a promotional equity award with a total grant date fair value of $1,750,000. The equity award will vest 25% per year, beginning on the first anniversary of the grant date.

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

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

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