Sealaska’s controversial land-selection bill could undergo major changes soon. Amendments circulating among interest groups suggest shifts in selected timberlands and future economic-development sites. But nothing’s finalized.Related Link: Read the bill as it stands now.
A News
Sealaska Corporation returns to profitability
Sealaska’s earnings rebounded last year. The Southeast Alaska regional Native corporation’s newly-released annual report shows it made some money after a year of significant losses. But it’s not fully over the economic hump.Related Link: Read Sealaska’s annual report & hear a report about 2009’s dividends
Sealaska decides on discretionary voting
Some Sealaska shareholders are pushing for a change in corporate decision-making. They say the current discretionary voting system favors board incumbents, and slows change. Managers of the Southeast regional Native corporation say the current system works well.Related Link: Read the proxy statement, and hear a report on 2009’s term limits vote.
Sealaska targets regional economic development
Sealaska has started a new division to focus on economic initiatives in Southeast Alaska. It shares the name of the regional Native corporation’s lands-selection effort. But officials say it will have a wider focus.Related Link: Read the Haa Aani CEO’s job description.
Sealaska to pay spring dividend
Sealaska will distribute almost $8 million to shareholders in April. The Southeast regional Native corporation has about 20,000 tribal members, more than half living outside the region.Related Link: Learn more about Sealaska dividends.
Sealaska says poll shows support for lands bill
Sealaska says a survey it conducted shows more than half of Southeast Alaskans support a lands-selection bill it’s trying to push through Congress. The poll shows support increasing when residents learn more about the legislation. But opponents say they’ve found out enough to know it’s a bad idea.Related Link: Click here for links to earlier reports and different views.