Category: Businesses

A record number of shareholders tuned into a virtual community meeting on Wednesday, May 20, to learn more about Sealaska’s increasing success with its focus on building the long-term health of land, food, water and communities. Shareholders had the opportunity to ask questions and hear from leadership on the company’s financial performance. Due to health … Continued

Sealaska shareholders and descendants who applied for scholarships for the 2020–2021 academic year received their award letters this month, marking an all-time high in the level of scholarship support provided by Sealaska. The year 2020 was significant for the program. It marked the largest number of students ever awarded, the most Sealaska scholarship money ever … Continued

Sealaska published the 2019 annual report on May 1, 2020. Shareholders can view it at MySealaska.com. We are sharing excerpts from the document. FINANCIAL OVERVIEW Sealaska achieved another year of record financial performance in 2019 with $77.8 million in net income. Every operating business delivered significant year-over-year growth. Government and Commercial Services tripled operating EBITDA … Continued

Sealaska published the 2019 Annual Report on May 1, 2020. Shareholders can view at MySealaska.com. We are sharing excerpts from the document. When our Elders came together for the first Sealaska Elders Conference 40 years ago, a single theme emerged: preserving the past and passing it on to future generations. We hear this loud and … Continued

Consistent Strong Financial Performance is Underpinned by Governance Improvements Initiated Years Ago Sealaska’s board of directors set out to improve its own performance a number of years ago through training, self-assessment and a gap analysis. Purposeful change often takes time and discipline. The board has experienced dramatic and intentional change over the last six years. … Continued

JUNEAU, Alaska – Sealaska topped its 2018 results with another record year in 2019, reporting net income of $77.8 million, $12.6 million over the previous year. Revenue of $700 million in 2019 was the largest in Sealaska’s nearly 50-year history. Its 2019 Annual Report features financial successes, as well as achievements in community impact, ocean … Continued

An investment in Alaska-based food company Barnacle is Sealaska’s latest step toward building a business portfolio that aligns with the twin goals of economic prosperity and environmental protection. Barnacle, the first food business to manufacture and create products with bull kelp, celebrates local ingredients, creates markets and jobs, and invites customers into what makes Alaska … Continued