Sealaska Announces New President and CEO

Chris McNeil Jr. to step down June 28, 2014

The Sealaska Board of Directors announced today that it has appointed Anthony Mallott President and CEO, effective June 28, 2014. Mallott previously held the position of treasurer and chief investment officer at Sealaska.

“Anthony is an insightful and proven leader. He has achieved an impressive record of financial management and gained significant experience in operations and acquisitions through his negotiation efforts with the Cloverdale Ranchería of Pomo Indians and as a member of our team that is evaluating potential acquisitions,” said board chair Albert Kookesh. “These skills will enable Anthony to lead Sealaska into the next phase of operational profitability.”

Since joining Sealaska in 2006, Mallott has been responsible for setting the direction of the treasury activities of the company and the management of corporate investment funds. During his tenure, Sealaska’s investment portfolios have undergone significant growth.

“Sealaska is in an exciting stage of transformation,” said Mallott. “My focus will be on operational performance and profitability, and on identifying worthy new acquisitions that will achieve our business goals, while aligning with our core Native values. I look forward to working closely with the board, and continuing to build my strong relationships with Sealaska management and staff."

“The board of directors is united behind Anthony. His selection is the result of a thoughtful and rigorous review and vetting process to select a CEO with the skills to successfully lead organizational change, the knowledge to structure and implement an effective strategic plan and a track record of delivering results,” said Board Vice Chair Rosita Worl.

Sealaska has created a five-year strategic plan to realign its operations based on Native values, and has been working aggressively to build a group of sustainable businesses that meet operational objectives and return value to tribal member shareholders. Last October, Sealaska announced the retirement of President and CEO Chris McNeil Jr. in June 2014 after 13 years in the role.

“I’ve worked alongside Anthony for the last eight years, and I am very pleased with his selection. I have no doubt that his thoughtful and deliberative approach will lead Sealaska to even greater success and profitability in the future,” said McNeil.

With roots in Yakutat, Mallott lives in Juneau, Alaska, with his wife and three children. He earned a bachelor’s degree in industrial engineering from Stanford University and spent nine years at Bank of America in San Francisco.

Mallott is Tlingit, Eagle, Tsaagweidí (Killerwhale) Clan, as well as Koyukon Athabascan, Caribou Clan. His Tlingit name is Gunnuk.

Sealaska, Values In Action

Sealaska is the Regional Native institution established under the Alaska Native Claims Settlement Act of 1971 (ANCSA). Almost 22,000 tribal member shareholders of the Tlingit, Haida and Tsimshian own Sealaska. Sealaska’s purpose is to strengthen our people, culture and homelands through values in action.

 

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