In a statement, Japanese chip and display materials maker JSR Corp stated, it would nominate Robert Hale, a partner at U.S. hedge fund ValueAct Capital, to be an outside director.

In early 2020, ValueAct Capital became a major shareholder in JSR with a stake of more than 7%.

JSR was established in 1957 as a government-backed synthetic rubber maker; it now supplies materials to global chip and display makers.

Categories: Creativity, Entrepreneurship, HR & Organization, Strategy

Tags: board, board of directors, chip maker, chipmaker, display maker, display materials, government backed, hedge fund, Japan, Japanese, JSR Corp, major shareholder, maker, manufacturer, materials, nominate, outside director, partner, Robert Hale, rubber, stake, state backed, supplies, synthetic rubber, U.S., US, ValueAct Capital