Robert Hale of U.S. hedge fund ValueAct Capital nominated as outside director at Japanese chip and display material maker JSR Corp

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.

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