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Skellerup nabs Rakon's Leaming for same role


Graham Leaming resigns from Rakon after seven years as combined CFO and COO, which saw the company through its initial public offering and listing.

Wed, 11 Jul 2018

BUSINESSDESK: Skellerup Holdings, the industrial rubber products supplier that posted a record annual profit, has tapped Rakon executive Graham Leaming as its chief financial officer.

Mr Leaming has resigned from Rakon after seven years as combined CFO and chief operating officer, which saw the company through its initial public offering and listing.

Rakon managing director Brent Robinson says his company has begun looking for a replacement.

Last month, Skellerup raised its dividend after reporting a 22% gain in full-year profit to $24.7 million as new products and low debt levels shielded it from an economic downturn in some markets.

Shares of Skellerup rose 1.2% to $1.66 and have gained 21% this year. Rakon was unchanged at 44 cents.

 

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Skellerup nabs Rakon's Leaming for same role
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