Highlights

  • Christopher Swasbrook will join Rakon Board as an Independent Non-Executive Director from 28 October 2025.
  • Mr Swasbrook has over 25 years’ experience in finance, executive, and governance roles across New Zealand.
  • Following this appointment, Rakon Board will comprise six directors, four of whom are Independent.

Rakon Limited (NZX:RAK), a global manufacturer of precision timing and frequency control solutions, has announced the appointment of Christopher Swasbrook as a Non-Executive Director, effective 28 October 2025. The Board has confirmed Mr Swasbrook’s status as an Independent Director.

Management Comment
Chair Lorraine Witten said: “We are pleased to welcome Chris as a Director of Rakon. His extensive resume, including more than 25 years’ experience in finance, as well as executive and governance roles across New Zealand businesses and organisations, is a valuable addition as we continue to rebuild the Board with a majority of Independent Directors.”

Extensive Experience in Finance and Governance
Mr Swasbrook brings a wealth of governance and financial expertise to Rakon. He has been a Board Member of the Financial Markets Authority (FMA) since 2019. Previously, he served as a Member of the NZX Listing Subcommittee from 2008 to 2023 and as a Member of the New Zealand Markets Disciplinary Tribunal from 2013 to 2023.

Educational Background
Mr Swasbrook holds a BCom (Econ) from the University of Auckland and has completed executive education programs at Columbia University (New York), New York University (NYU), the London School of Economics (LSE), and the Harvard Kennedy School in Boston, Massachusetts.

Board Composition
The appointment follows Rakon’s constitutional process, with Mr Swasbrook expected to stand for election at the next Annual Meeting. Following this appointment, the Rakon Board will consist of six directors, four of whom are Independent Directors.

About Rakon
Rakon develops precision timing solutions used in mobile networks, autonomous vehicles, satellite constellations, and AI data centres. Their technology delivers fast, precise, and stable timing, enabling connectivity and performance in a range of applications from 5G networks to space exploration.