- Release Date: 03/09/12 13:03
- Summary: OFFICE: RAK: Rakon: COO/FO Resignation
- Price Sensitive: No
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RAK 03/09/2012 11:03 OFFICE REL: 1103 HRS Rakon Limited OFFICE: RAK: Rakon: COO/FO Resignation Auckland 3 September 2012: Rakon Ltd (RAK) announces the resignation of Chief Financial and Operating Officer, Graham Leaming. Mr Leaming has been with Rakon for almost seven years, combining the roles of COO and CFO. He leaves to take up a position as CFO at Skellerup Holdings Ltd (SKL). Rakon Managing Director, Brent Robinson, said Mr Leaming had helped steer the company through its IPO and NZX listing and had played a significant role in the company. "We have been fortunate to have someone of his calibre with Rakon over the past seven years when we have undergone significant development and growth during a challenging economic period, "said Mr Robinson. "He has made significant contribution to Rakon's global expansion into Europe, India and China." Mr Leaming said he was proud of being part of a team that had built a strong platform for the future. "Rakon has extremely talented and passionate people who will drive the continued development of the company for long term success. The decision to make a change has been tough, but the timing is right for me to continue to expand my career in a new role." Brent Robinson said Rakon had agreed a long handover period and would begin looking immediately for someone to replace Mr Leaming in his CFO role. "We have a strong team in support, and we will take the opportunity to review and separate the roles to continue the growth and development of our team." Contact: Brent Robinson (09) 571-9202 End CA:00226820 For:RAK Type:OFFICE Time:2012-09-03 11:03:03
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