NativeCo News
July 11th, 2010 Posted By: Morgan Howard No Comments
(By ELIZABETH BLUEMINK adn.com)
Cook Inlet Region Inc. surged back to profitability last year after getting bit hard by the national recession.
The Anchorage Native corporation reaped a $24.5 million profit in 2009 after suffering a $22.8 million loss in 2008, due mainly to investments soured by that year’s stock market implosion, according to its new annual financial report.
Last year, the stock market bounced back and CIRI saw growth in its investments and most of its businesses. CONTINUE »
NativeCo News
July 10th, 2010 Posted By: Morgan Howard No Comments
(By ELIZABETH BLUEMINK at adn.com)
One of the state’s biggest Native corporations announced Thursday that it has changed its top leadership.
Barrow-based Arctic Slope Regional Corp. said its board voted Wednesday to bring back its former president, Jacob Adams, as chairman of the board. Adams served as Arctic Slope president for more for than 20 years, guiding the company’s growth into the state’s largest privately owned corporation. He retired three years ago.
The board elected Rex Rock as the company’s new president, replacing Roberta “Bobbi” Quintavell, who had held the job since 2007. The change is effective immediately, according to company officials.
Until now, Rock had served as chairman of the Arctic Slope board, a position he held for many years. CONTINUE »
NativeCo News
June 30th, 2010 Posted By: Morgan Howard No Comments
(from The Bristol Bay Times) Incumbents Donald Nielsen, Hjalmar Olson and Robin Samuelsen, along with Sergie Chukwak, of Levelock, have been selected by the nominations committee for board seats to be voted on Oct. 2 at the annual meeting of Bristol Bay Native Corp. in New Stuyahok.
BBNC officials announced the nominations in their June shareholder news publication, along with meeting details.
The company plans to mail out its 2010 annual report and proxy material in early August, to assure that shareholders have sufficient time to review the proxy material before shareholder informational meetings. CONTINUE »
NativeCo News
May 15th, 2010 Posted By: Morgan Howard No Comments
By Pat Forgey | JUNEAU EMPIRE
The Alaska Federation of Natives announced Wednesday that this year’s convention, to be held in October in Fairbanks, will focus on “Village Survival” as this year’s theme.
The convention will have a special emphasis on exploring education, movement of peoples, sustainable economies and contributing to the country’s economic recovery, said Julie Kitka, AFN executive director.
Kitka said the group was excited to be addressing the issues in this year’s theme.
“It’s about life, progress, and taking bold steps to preserve and grow our communities and traditions,” she said.
Co-chair of AFN is Angoon’s Albert Kookesh, chairman of the Juneau-based Sealaska Corp. and a state senator representing rural Southeast and Interior villages. CONTINUE »
Blog
March 28th, 2010 Posted By: Morgan Howard No Comments
I attended one of Senator Murkowski’s community meetings on the “Southeast Alaska Native Land Entitlement Finalization Act” in person and listened to several more online. I’ve also read many of the letters to the editor in the Juneau Empire. I’ve noticed an alarming trend in those who speak in opposition to the Haa Aaní Bill.
One gentleman from Edna Bay wrote an “OPEN MESSAGE TO SEALASKA CORPORATE EXECUTIVES” and several other comments in the Juneau Empire where he espoused a continuous chant of “corporate greed” in relation to Sealaska.
I am not a corporate executive, but as a tribal member of Sealaska, I can no longer stand by while people like him take advantage of the anti-corporation sentiment of the day to denigrate Alaska Natives, simply because of their congress-mandated designation.
Sealaska is not owned by a single founder… not a group of investors and not by a wealthy family. Sealaska is owned equally by more than 20,000 Tlingit, Haida and Tsimshians. There are no stock sales, stock options, or “get rich” exit strategies. Sealaska will not be sold or bought or taken over by another corporation. We are a Native Institution with the unique responsibility of combining business goals with Native values. CONTINUE »
