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Amkor (AMKR) Promotes Joyce to Role of CEO

June 29, 2009 4:10 PM EDT
AMKR Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: -40.0%
Amkor Technology, Inc. (NASDAQ: AMKR) today announced a succession plan for senior management.

Under the plan, James Kim, Founder, Chairman and CEO of the company, will become Executive Chairman of the Board of Directors and Ken Joyce, the company's President and COO, will become CEO and President effective October 1, 2009. Mr. Joyce will also join the Board at that time.

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