Board battle lines drawn at Rakon: former CTO Brent Robinson and major shareholder don't support chair-elect

Rakon's former chief technology officer and shareholder Brent Robinson wants to be its new chair. (Image: NZME)

Mon, 04 Aug 2025

The battle lines have been drawn over who will become Rakon’s new chair, with former boss Brent Robinson and its major shareholder pulling support for Mark Bregman. In a release to the stock exchange on Monday morning, Rakon said former executive and shareholder Robinson would not support Bregman, Lisbeth Jacobs and Jon Raby to join the board at its scheduled meeting later this month. Rakon said its 12.19% shareholder, Taiwanese company Siward Crystal Technology Co, and its board appointee, Jung Meng Tseng, were also against the...

Subscribe to BusinessDesk

Stay informed on business, government and financial developments across New Zealand.

Deeply researched, twice-edited and fact-checked news
Annual subscribers also receive a complimentary subscription to The Wall Street Journal
Personalised email news alerts, plus gift up to 5 stories a month to non-subscribers

You can cancel anytime with two clicks, an email or a phone call.
Find out more.

We are serious about journalism.

Already a Subscriber ? Sign in here.

Name {{ registerForm.errors.get('name') }}

Email address {{ registerForm.errors.get('email') }}

Phone Number {{ registerForm.errors.get('phone') }}

Job Title {{ registerForm.errors.get('title') }}

Password Minimum password length of 8 characters.
Require at least one upper and lowercase, numeric, and special character. {{ registerForm.errors.get('password') }}

Repeat password {{ registerForm.errors.get('password_confirmation') }}

We had trouble validating your card. It's possible your card provider is preventing us from charging the card. Please contact your card provider or customer support.

Credit Card

Cardholder's name

{{ __(plans[index].name) | capitalize }} {{ plans[index].attributes.old_price | currency }} {{ plans[index].price | currency }}

All subscriptions auto renew but are easy to cancel.

I Accept The Terms Of Service

{{ registerForm.errors.get('terms') }}

Tax: {{ taxAmount(selectedPlan) | currency }}

Total Price Including Tax: {{ priceWithTax(selectedPlan) | currency }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerSeat ? '/ '+ spark.seatName : '' }} {{ selectedPlan.type == 'user' && spark.chargesUsersPerTeam ? '/ '+ __('teams.team') : '' }} / {{ __(selectedPlan.interval) | capitalize }}

Markets Market Close

NZX awaits Wednesday's Official Cash Rate call

The S&P/NZX 50 Index declined 24.85 points or 0.18% to 13,489.24.

Graham Skellern 06 Oct 2025

Energy

Brookfield buys Clarus gas assets

Worth perhaps $2b, the deal follows the NZ Government's LNG import announcement.

Pattrick Smellie 06 Oct 2025

Law & Regulation

IAG hit with record $19.5m fine for 'widespread failures'

IAG is New Zealand's largest insurer.

Gregor Thompson 06 Oct 2025

IAG hit with record $19.5m fine for 'widespread failures'

Sponsored

Fiji’s exclusive side revealed

Private islands and 5-star luxury, closer than you think.

Tourism Fiji

Sponsored

The double edge of AI in cyber security

Artificial intelligence has the potential to become both a lifeline and a liability for modern organisations, as a revolutionary tool capable of spotting threats at lightning speed, but also the ultimate weapon in the hands of cybercriminals.

Spark