Click here to learn about this year's election

Good Governance Drives Performance
Friday, May 1, 2020

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. Strong performance requires high expectations, training, high-level recruitment and healthy teamwork.    

A long era of automatic board endorsements for incumbents ended in 2016. Two years prior, in 2014, the company made a relatively civil transition in leadership with a change in chief executive officer and a change in the board chair. The financial performance of the company since then has been record breaking.

This consistent year-over-year performance improvement did not come without a lot of hard work and a few difficult decisions. For the board, one of the most difficult decisions was to end an era of automatic endorsements of incumbents. In 2016, the board made a significant shift toward continuous improvement and accountability by requiring a board vote on whether or not to endorse the individual incumbents. Five new directors have joined the board since then. 

  • In 2016, Mick Beasley won a seat by running on the corporate proxy as an independent.
  • In 2017, Morgan Howard won a seat as an endorsed candidate after navigating a rigorous recruitment process that included 45+ other potential candidates.
  • In 2018, David Goade filled a mid-term vacancy following the untimely passing of newly elected independent director Ross Soboleff. A seasoned executive, Goade rose to the top of a process that included more than 50 candidates.   
  • In 2018, Nicole Hallingstad won a seat by running on the corporate proxy as an independent.
  • In 2019, Barbara Blake won a seat as an endorsed candidate after rising to the top of a rigorous recruitment process that included nearly 30 other candidates. Barbara Blake is the first person born after 1971 (shareholder descendant) to serve on the board. She served one year as a board youth advisor approximately 10 years ago.

In 2020, if the endorsed candidates are elected, three more new directors — Lisa Lang, Angela Michaud and Mike Roberts — will join the board. All three of the new candidates are highly qualified to serve. Each of them went through a multi-stage vetting process led by our Governance and Nominations Committee. This committee includes three directors who were first elected as independent candidates.  

We are fortunate to have such a talented base of shareholders. Through the board youth advisor program, long-standing scholarship and internship programs, the Shareholder Participation Committee and a rigorous candidate search process, the board is committed to ensuring the long-term success of the company. We are all in this together.   

Learn more about our 2020 board-endorsed team below, on MySealaska.com/election, and on Sealaska’s Facebook or Instagram.


Latest News


Community Meeting Information

Pinned - Posted 5/1/2024

Sealaska shareholders are invited to join us at our upcoming in-person and virtual community meetings to learn more about Sealaska business operations, upcoming opportunities and connect with fellow shareholders and descendants.



Derik Frederiksen to support Sealaska’s continued in-region investment in position as Vice President of Regional Business Development

Posted 5/7/2024
Frederiksen shares in Sealaska’s vision for the region: a thriving future for Southeast Alaska. Derik Frederiksen believes in the people of Southeast Alaska — and with this belief comes excitement about the future of both people and place. With over 20 years of experience serving Sealaska’s operations in the region and beyond, his energy, ideas and on-the-ground insight will serve to catalyze Sealaska’s continued commitment to a prosperous, sustainable Southeast.&...

Sitka Clan Houses Nominated for National Recognition on Historic Preservation Lists

Posted 5/3/2024
Jerrick Hope-Lang, LduteenSitka Indian Village and its Clan Houses proudly announce their nomination for prestigious national and statewide historic preservation lists. The nominations include recognition on the National Trust’s “11 Most Endangered Historic Places” and the Alaska Association of Historic Preservations’ “10 Most Endangered Historic Properties.”Sitka Indian Village, first built in the 1820s, is a cherished cultural landmark situated in the heart ...

Sealaska Announces Spring Distribution of $19.2 Million

Posted 4/12/2024
As part of Sealaska’s continued investment in our communities and region, a spring 2024 distribution totaling $19.2 million will be issued to shareholders on Thursday, April 18. Sealaska’s board of directors approved the distribution at a meeting held in Juneau on Friday, April 12. The upcoming distribution includes dividends totaling $4.5 million from Sealaska’s ocean-health business platform, $3.1 million from the Marjorie V. Young (MVY) Shareholder Permanent Fund and an additional $11.6 milli...

Sealaska Spring 2024 Distribution Date Announced

Posted 3/19/2024
The Sealaska Board of Directors will meet on Friday, April 12, 2024, to approve the amount for Sealaska’s 2024 spring distribution. The distribution will take place on Thursday, April 18.  Shareholders can prepare for a seamless distribution by completing any enrollment or stock transfer paperwork, including gifting or inheritance, by Friday, April 12 at 4 p.m. The last day to make changes to addresses or direct deposit information is Monday, April 15, , before close of business, or online via M...