‘Significant concerns’: NZSA on Rakon chair putsch
Rakon’s former boss has refused to support the appointment of three independent directors to the company’s board after he was overlooked for the role as chair.
The New Zealand Shareholders’ Association (NZSA) has ‘significant concerns’ with a group of Rakon shareholders’ bid to replace its chair.
The company told the stock exchange this morning that its director and former boss, Brent Robinson, and its largest shareholder would not back the formal