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

Forsyth Barr initiates full coverage of Turners at outperform
Markets

Forsyth Barr initiates full coverage of Turners at outperform

Forsyth Barr says a premium valuation is now warranted. 

The kiwi dollar is falling prey to the bears
Economy

The kiwi dollar is falling prey to the bears

The only worst performer is the Norwegian krone.

The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

NZ sharemarket down over 1%
Markets Market close

NZ sharemarket down over 1%

The S&P/NZX 50 Index closed at 12,396.27, down 134.72 points or 1.08%.

Graham Skellern 25 Jul 2024