Joyce To Succeed Kim As CEO Of Amkor Technology
June 30, 2009 (FinancialWire) — Amkor Technology, Inc. (NASDAQ: AMKR) has approved a succession plan under which James Kim, the company’s founder, chairman and chief executive officer, will become executive chairman. Ken Joyce, the company’s president and chief operating officer, will become CEO and president effective October 1. Joyce will also join the board at that time.
Joyce joined Amkor in 1997 and was executive vice president and chief financial officer for more than eight years before becoming chief administrative officer in November 2007, COO in February 2008 and president in May 2008.
Prior to joining Amkor, from 1992 to 1997, Joyce served as CFO of Selas Fluid Processing, a subsidiary of Linde AG of Munich, Germany. He is also a former VP of finance and CFO of Selas Corp. of America. Joyce joined Selas Corp. of America in 1981 holding various senior finance positions and was promoted to CFO in 1984.
Chandler, Arizona-based Amkor is a provider of semiconductor assembly and test services. The company offers semiconductor companies and electronics OEMs a set of microelectronics design and manufacturing services.
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