Rakon Management
Management criteria checks 3/4
We currently do not have sufficient information about the CEO.
Key information
Sinan Altug
Chief executive officer
NZ$825.7k
Total compensation
| CEO salary percentage | 75.0% |
| CEO tenure | 2yrs |
| CEO ownership | 0.02% |
| Management average tenure | 3.7yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Rakon (NZSE:RAK)
Jan 26
Does Rakon (NZSE:RAK) Have A Healthy Balance Sheet?
Dec 12Why Rakon Limited (NZSE:RAK) Could Be Worth Watching
Jul 21With EPS Growth And More, Rakon (NZSE:RAK) Makes An Interesting Case
Apr 26Should You Think About Buying Rakon Limited (NZSE:RAK) Now?
Mar 06Should You Be Adding Rakon (NZSE:RAK) To Your Watchlist Today?
Aug 17Rakon (NZSE:RAK) Could Easily Take On More Debt
Jul 08Should You Be Adding Rakon (NZSE:RAK) To Your Watchlist Today?
May 06Is Rakon (NZSE:RAK) A Risky Investment?
Mar 05Is Rakon Limited's (NZSE:RAK) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 15
Do Rakon's (NZSE:RAK) Earnings Warrant Your Attention?
Jan 31Is Rakon Limited (NZSE:RAK) Popular Amongst Insiders?
Jan 16The Rakon (NZSE:RAK) Share Price Has Gained 137%, So Why Not Pay It Some Attention?
Jan 01We're Not Counting On Rakon (NZSE:RAK) To Sustain Its Statutory Profitability
Dec 14Here's Why Rakon (NZSE:RAK) Can Manage Its Debt Responsibly
Nov 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | NZ$8m |
| Jun 30 2023 | n/a | n/a | NZ$15m |
| Mar 31 2023 | NZ$826k | NZ$619k | NZ$23m |
Compensation vs Market: Sinan's total compensation ($USD488.48K) is about average for companies of similar size in the NZ market ($USD561.91K).
Compensation vs Earnings: Insufficient data to compare Sinan's compensation with company performance.
CEO
Sinan Altug
2yrs
Tenure
NZ$825,725
Compensation
Dr. Sinan Altug, B.S., M.S., Ph D., M.B.A., serves as Chief Executive Officer at Rakon Limited since April 1, 2022 and served as its Chief Operating Officer since January 23, 2020 until 2022. Dr. Altug ser...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 2yrs | NZ$825.73k | 0.022% NZ$ 57.5k | |
| CTO & Executive Director | no data | no data | 4.35% NZ$ 11.4m | |
| Chief Financial Officer | less than a year | no data | no data | |
| General Manager of Operations | 1.1yrs | no data | no data | |
| General Counsel & Company Secretary | 5.4yrs | no data | no data | |
| Chief Marketing Officer | 34.3yrs | no data | 4.35% NZ$ 11.4m | |
| Global General Manager of People & Capability | 8.3yrs | no data | no data | |
| Managing Director of India | no data | no data | no data |
3.7yrs
Average Tenure
Experienced Management: RAK's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CTO & Executive Director | 32.4yrs | no data | 4.35% NZ$ 11.4m | |
| Independent Non Executive Director | 2.5yrs | NZ$70.00k | 0.026% NZ$ 69.0k | |
| Independent Chairman | 7.1yrs | NZ$140.00k | 0.098% NZ$ 256.1k | |
| Independent Director | 7.1yrs | NZ$69.00k | no data | |
| Independent Director | 5.6yrs | NZ$78.00k | 0.044% NZ$ 115.0k | |
| Independent Non-Executive Director | 2.3yrs | NZ$82.00k | 0.00042% NZ$ 1.1k | |
| Director | less than a year | no data | no data |
5.6yrs
Average Tenure
64yo
Average Age
Experienced Board: RAK's board of directors are considered experienced (5.6 years average tenure).