Category: shareholders

Due to the impact of COVID-19, the Sealaska scholarship deadline has been extended to April 15. The decision was precipitated by a number of shareholders and descendants who have lost their jobs due to the virus and who now want to go to school, according to Joe Nelson, Sealaska board chair and ex-officio trustee of … Continued

Sealaska cares deeply about our shareholders, our employees, and our people. We know that the coming weeks and months will be hard for many communities in Southeast Alaska as they feel the health and economic impacts of COVID-19. We will do all we can to support our communities during this difficult time. We’re starting by … Continued

After careful consideration of the guidelines from health authorities in the wake of the novel coronavirus (COVID-19) outbreak, we have made the decision to offer the May 2020 shareholder community meetings via webcast. Cancelling the in-person community meetings was a difficult but necessary decision as we continue to assess the risks of the pandemic. The … Continued

Sealaska’s board of directors approved a distribution totaling $23.71 million to be issued on Tuesday, March 31, 2020. The distribution includes payments from operations ($5.9 million) and the Marjorie V. Young (MVY) Shareholder Permanent Fund ($2.4 million). The board also made the decision to hold community meetings online in May 2020. This decision is based … Continued

The Sealaska board of directors will meet on Friday, March 20, 2020, to decide on this year’s spring distribution. The board was originally scheduled to meet on April 3, but directors are calling this special meeting in order to address the economic crisis facing our communities as a result of the coronavirus (COVID-19). “We listened … Continued

We are living in extraordinary times and the world is collectively responding to the impacts associated with the novel coronavirus (COVID-19). Like many of you, we are learning by the hour about the impacts of this pandemic. The situation is evolving rapidly and we want to share some of the steps we’re taking as a company … Continued

Sealaska created an option for shareholders to receive information electronically. We announced the new option to Make the Change in January 2020. To encourage participation, Sealaska is offering prizes in 2020 to shareholders who opt-in to Go Green. The first round of prizes encouraged shareholders to make the change by an early bird deadline of … Continued

Sealaska is sad to announce the passing of longtime director Marjorie (Marge) V. Young from Craig, Alaska. Marge served on the board from 1979 to 2009 and held positions as chair and vice chair during her years of service. Marge was a successful business owner in her hometown of Craig. She operated AC Thompson House … Continued

After 30 years as the boys varsity basketball coach at Petersburg High School, Rick Brock has seen a lot: several regional titles, a couple state titles, and countless nights when the Petersburg High School gymnasium has echoed with a boisterous home-team crowd. But he says the most meaningful part of his tenure with the team … Continued

Sealaska is increasing its involvement in the education of shareholders and descendants long before they are eligible for a college scholarship. One example is our sponsorship of the Alaska Native Science and Engineering Program (ANSEP) Middle School Academy. ANSEP, as the program is known, is based at the University of Alaska. Over the past 20-plus … Continued