Rakon on director search with Sinead Horgan set to exit in August

Rakon on director search with Sinead Horgan set to exit in August
Rakon has a gloomy outlook on telcos, but a more positive view of space and AI. (Image: Rakon)
Rebecca Stevenson
Another Rakon director has resigned, citing the need to balance her workload. Sinead Horgan, who chaired the independent committee assessing an unsolicited takeover bid that ultimately failed, will leave the firm on Aug 27. Horgan is also chair of the advanced manufacturer’s audit and risk committee. Rakon said Horgan had chosen to step down to balance her workload commitments. In January, former director Steve Tucker also exited Rakon’s board, needing to balance his workload and full-time study. Rakon said...

More Markets

NZ sharemarket continues momentum, Skellerup sees green
Markets Market Close

NZ sharemarket continues momentum, Skellerup sees green

 The Red Band gumboot-maker said it earned $54.5m after tax. 

Xero board faces 'first strike' over CEO pay
Markets

Xero board faces 'first strike' over CEO pay

Xero investors fire warning shot at directors willing to pay big for talent.

Auckland airport dynamics returning to normal
Markets

Auckland airport dynamics returning to normal

Yields are improving for airlines operating into Auckland, but earnings look flat ahead.