Rakon Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Sinan Altug

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3yrs
CEO ownership0.02%
Management average tenureless than a year
Board average tenure1yrs

Recent management updates

Recent updates

At NZ$0.60, Is It Time To Put Rakon Limited (NZSE:RAK) On Your Watch List?

Nov 28
At NZ$0.60, Is It Time To Put Rakon Limited (NZSE:RAK) On Your Watch List?

Investor Optimism Abounds Rakon Limited (NZSE:RAK) But Growth Is Lacking

Oct 21
Investor Optimism Abounds Rakon Limited (NZSE:RAK) But Growth Is Lacking

Is Now An Opportune Moment To Examine Rakon Limited (NZSE:RAK)?

Aug 21
Is Now An Opportune Moment To Examine Rakon Limited (NZSE:RAK)?

More Unpleasant Surprises Could Be In Store For Rakon Limited's (NZSE:RAK) Shares After Tumbling 30%

Jun 09
More Unpleasant Surprises Could Be In Store For Rakon Limited's (NZSE:RAK) Shares After Tumbling 30%

We Like These Underlying Return On Capital Trends At Rakon (NZSE:RAK)

May 23
We Like These Underlying Return On Capital Trends At Rakon (NZSE:RAK)

Returns On Capital Are Showing Encouraging Signs At Rakon (NZSE:RAK)

Jan 26
Returns On Capital Are Showing Encouraging Signs At Rakon (NZSE:RAK)

Does Rakon (NZSE:RAK) Have A Healthy Balance Sheet?

Dec 12
Does Rakon (NZSE:RAK) Have A Healthy Balance Sheet?

Why Rakon Limited (NZSE:RAK) Could Be Worth Watching

Jul 21
Why Rakon Limited (NZSE:RAK) Could Be Worth Watching

With EPS Growth And More, Rakon (NZSE:RAK) Makes An Interesting Case

Apr 26
With EPS Growth And More, Rakon (NZSE:RAK) Makes An Interesting Case

Should You Think About Buying Rakon Limited (NZSE:RAK) Now?

Mar 06
Should You Think About Buying Rakon Limited (NZSE:RAK) Now?

Should You Be Adding Rakon (NZSE:RAK) To Your Watchlist Today?

Aug 17
Should You Be Adding Rakon (NZSE:RAK) To Your Watchlist Today?

Rakon (NZSE:RAK) Could Easily Take On More Debt

Jul 08
Rakon (NZSE:RAK) Could Easily Take On More Debt

Should You Be Adding Rakon (NZSE:RAK) To Your Watchlist Today?

May 06
Should You Be Adding Rakon (NZSE:RAK) To Your Watchlist Today?

Is Rakon (NZSE:RAK) A Risky Investment?

Mar 05
Is Rakon (NZSE:RAK) A Risky Investment?

Is Rakon Limited's (NZSE:RAK) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Feb 15
Is Rakon Limited's (NZSE:RAK) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Do Rakon's (NZSE:RAK) Earnings Warrant Your Attention?

Jan 31
Do Rakon's (NZSE:RAK) Earnings Warrant Your Attention?

Is Rakon Limited (NZSE:RAK) Popular Amongst Insiders?

Jan 16
Is Rakon Limited (NZSE:RAK) Popular Amongst Insiders?

The Rakon (NZSE:RAK) Share Price Has Gained 137%, So Why Not Pay It Some Attention?

Jan 01
The Rakon (NZSE:RAK) Share Price Has Gained 137%, So Why Not Pay It Some Attention?

We're Not Counting On Rakon (NZSE:RAK) To Sustain Its Statutory Profitability

Dec 14
We're Not Counting On Rakon (NZSE:RAK) To Sustain Its Statutory Profitability

Here's Why Rakon (NZSE:RAK) Can Manage Its Debt Responsibly

Nov 26
Here's Why Rakon (NZSE:RAK) Can Manage Its Debt Responsibly

CEO Compensation Analysis

How has Sinan Altug's remuneration changed compared to Rakon's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-NZ$6m

Jun 30 2024n/an/a

-NZ$918k

Mar 31 2024n/an/a

NZ$5m

Dec 31 2023n/an/a

NZ$6m

Sep 30 2023n/an/a

NZ$8m

Jun 30 2023n/an/a

NZ$15m

Mar 31 2023NZ$826kNZ$619k

NZ$23m

Compensation vs Market: Insufficient data to establish whether Sinan's total compensation is reasonable compared to companies of similar size in the NZ market.

Compensation vs Earnings: Insufficient data to compare Sinan's compensation with company performance.


CEO

Sinan Altug

3yrs

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

NamePositionTenureCompensationOwnership
Sinan Altug
Chief Executive Officer3yrsNZ$825.73k0.022%
NZ$ 20.8k
Mark Dunwoodie
Chief Financial Officerless than a yearno datano data
Nick Pudney
Chief Operating Officer1.3yrsno datano data
Maureen Shaddick
General Counsel & Company Secretary6.4yrsno datano data
Margo Thomas
Global General Manager of People & Capability9.3yrsno datano data
Michael McIlroy
Chief Innovation Officerless than a yearno datano data
Arun Parasnis
Managing Director of Indiano datano datano data
Adam Robinson
Interim Managing Director of Commercialless than a yearno datano data
Michel Zecri
Managing Director of Aerospace & Defenseless than a yearno datano data

1.0yrs

Average Tenure

Experienced Management: RAK's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mark Bregman
Independent Directorless than a yearno datano data
Brent Robinson
Non-Independent Director33.4yrsno data4.35%
NZ$ 4.1m
Lorraine Witten
Independent Chairman8.1yrsNZ$140.00k0.098%
NZ$ 92.4k
Jon Raby
Non-Executive Directorless than a yearno datano data
Lisbeth Jacobs
Independent Directorless than a yearno datano data
Jung Tseng
Director1.7yrsno datano data

1.0yrs

Average Tenure

65yo

Average Age

Experienced Board: RAK's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/24 01:38
End of Day Share Price 2025/04/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rakon Limited is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam IndiktCredit Suisse
Dennis LeeDeutsche Bank
James LindsayForsyth Barr Group Ltd.