NOT PRICE SENSITIVE
REL: 0831 HRS Rakon Limited
ADMIN: RAK: Rakon Chief Operating Officer Appointment
23 January 2020
Rakon (RAK) Chief Operating Officer Appointment
Rakon Limited ('Rakon') announces that Sinan Altug has commenced his role as
Chief Operating Officer based in New Zealand effective, 22 January 2020.
As reported in July 2019 when Sinan's appointment was first announced, this
position has been created to focus on leading, aligning and driving Rakon's
global operations to best meet customer demand and profitable growth.
Chief Executive Officer and Managing Director, Brent Robinson says: "I am
pleased that Sinan is now able to assume the role and I look forward to
working more closely with him as we position the company for the future."
Sinan Altug has over 22 years' experience in frequency controlled products,
with over 17 years with Rakon, most recently as Managing Director of Rakon's
Over the next few months Sinan will divide himself between Rakon's operations
in New Zealand, Europe and India before relocating to New Zealand in April.
Chief Executive Officer & Managing Director
+64 9 571 9201
Louise Howe (Media Liaison)
+64 21 206 0985
Rakon is a global high technology company and a world leader in its field.
The company designs and manufactures advanced frequency control and timing
solutions. Its three core markets are Telecommunications, Global Positioning
and Space and Defence. Rakon products are found at the forefront of
communications where speed and reliability are paramount. The company's
products create extremely accurate electric signals which are used to
generate radio waves and synchronise time in the most demanding communication
applications. Rakon has three manufacturing plants, and has six research and
development centres. Customer support personnel are located in fifteen
offices worldwide. Rakon is proud of its New Zealand heritage; it was founded
in Auckland in 1967. It is a public company listed on the New Zealand stock
exchange, NZX, ticker code RAK.
End CA:00347437 For:RAK Type:ADMIN Time:2020-01-23 08:31:08