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Rakon says director fees, managing director’s pay frozen pending $25M ebitda target
By Jonathan Underhill Sept. 7 (BusinessDesk) - Rakon’s board of directors won’t get an individual fee increase until the company’s pretax earnings almost double to $25 million and managing director Brent Robinson has agreed to a pay freeze on the same terms, chairman Bryan Mogri...
North Shore financial adviser Cherry pleads guilty to $5M fraud
Sept. 7 (BusinessDesk) - Albany-based financial adviser Evan Cherry pleaded guilty to four charges out of seven levelled against him in a $5 million fraud in the North Shore District Court today. Cherry admitted four charges under the Crimes Act relating to the misappropriatio...
Labour insider John Pagani moves to NZOG
By Pattrick Smellie Sept. 7 (BusinessDesk) - Long-time Labour Party political adviser John Pagani has left parliament to become external relations manager for New Zealand Oil & Gas. A controversial figure along with his wife Josie, who was an unsuccessful Labour candidate at th...
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