UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
November 6, 2012
AMKOR TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
| DELAWARE | 000-29472 | 23-1722724 | ||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
1900 SOUTH PRICE ROAD
CHANDLER, AZ 85286
(Address of Principal Executive Offices, including Zip Code)
(480) 821-5000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On November 6, 2012, Ken Joyce notified the Company’s Board of Directors of his intention to retire as President and Chief Executive Officer and Director of the Company by the end of 2013. The effective date of his retirement has not yet been determined and, as of this time, no agreement has been entered into with Mr. Joyce relating to his retirement. An executive recruiting firm has been retained to conduct an outside search for his replacement and also to assist with the assessment of internal candidates. A copy of the Company’s November 6, 2012 press release announcing Mr. Joyce’s intention to retire is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
ITEM 9.01 Financial Statements and Exhibits.
| (d) | Exhibits. |
| Exhibit |
Description | |
| 99.1 | Press release issued by Amkor Technology, Inc., dated November 6, 2012. | |
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.
| Date: November 6, 2012 | Amkor Technology, Inc. | |
| /s/ Gil C. Tily | ||
| Gil C. Tily | ||
| Executive Vice President Chief Administrative Officer and General Counsel | ||
Index to Exhibits
| Exhibit |
Description | |
| 99.1 | Press release issued by Amkor Technology, Inc., dated November 6, 2012. | |
Exhibit 99.1
News Release
Amkor Technology Announces CEO Ken Joyce to Retire Next Year
CHANDLER, AZ, November 6, 2012—Amkor Technology, Inc. (NASDAQ:AMKR) today announced that Ken Joyce intends to retire as President and Chief Executive Officer and Director of the Company by the end of 2013, following more than 15 years of service to the Company. The Company’s Board of Directors has created a search committee to identify Mr. Joyce’s replacement. An executive recruiting firm has been retained to conduct an outside search and also to assist with the assessment of internal candidates.
“On behalf of the Board of Directors and the entire Company, I would like to thank Ken for his outstanding leadership and his dedicated service to Amkor,” said James J. Kim, Executive Chairman of the Board of the Company. “From smartphones and tablets to consumer electronics to networking, Amkor has successfully penetrated the right markets and the right customers under Ken’s leadership.”
“It has been a great privilege to lead this organization, filled with talented and dedicated people,” commented Mr. Joyce. “I am proud of what we have accomplished together during my tenure and I am confident that Amkor will achieve continued success for years to come. I look forward to working with the Board on the transition to new leadership.”
Mr. Joyce, 65, was appointed to the position of Chief Executive Officer and named to the Board of Directors in October 2009. Previously, Mr. Joyce served as President and Chief Operating Officer from May 2008, as Executive Vice President and Chief Operating Officer from February 2008 and as Executive Vice President and Chief Administrative Officer from November 2007. Mr. Joyce joined the Company as Vice President and Operations Controller in 1997 and served as Executive Vice President and Chief Financial Officer from July 1999 to November 2007.
About Amkor
Amkor is a leading provider of semiconductor packaging and test services to semiconductor companies and electronics OEMs. More information about Amkor is available from the company’s filings with the Securities and Exchange Commission and on Amkor’s website: www.amkor.com.
Forward-Looking Statement Disclaimer
This announcement contains forward-looking statements within the meaning of federal securities laws. All statements other than statements of historical fact are considered forward-looking statements including, without limitation, statements regarding the timing of Mr. Joyce’s retirement. These forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could affect future results and cause actual results and events to differ materially from historical and expected results and those expressed or implied in the forward-looking statements. Important risk factors that could affect the outcome of the events set forth in these statements are discussed in our Annual Report on Form 10-K for the year ended December 31, 2011, and in our subsequent filings with the Securities and Exchange Commission made prior to or after the date hereof. Amkor undertakes no obligation to review or update any forward-looking statements to reflect events or circumstances occurring after the date of this announcement.
Contacts
Amkor Technology, Inc.
Joanne Solomon
Executive Vice President and Chief Financial Officer
480-786-7878