Letter from Sealaska President and CEO Anthony Mallott
Tuesday, May 5, 2020
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 clear in the “Because We Cherish You” text: “Even from long ago, our grandchildren — we placed high above ourselves. Yes. We cherish them.”
Our Elders’ beautiful words inspire Sealaska to be a better company. We live by — and lead with — our Southeast Alaska Native values, knowing our work will beneﬁt our grandchildren.
These values inspire everything we do. We put community ﬁrst, build strength and resilience, and act with courage and curiosity. We embrace Haa Aaní, committing to care for our oceans and lands because they have always been — and always will be — the foundation of our people.
This approach, which includes becoming inclusive and open to working with great partners who share our values, has created unprecedented business growth and a dramatic turnaround of our ﬁnances. I believe we will create long-term success by being true to who we are — who we’ve been for 10,000 years and who we will be for 10,000 more.
This growth includes Sealaska’s acquisition of sustainable seafood companies dedicated to localizing supply chains, increasing traceability, and respecting the ﬁsh they transform into nourishing products. We are also expanding our capabilities in the marine science and engineering industries to guard and enhance ocean health. And our carbon-offset project continues to drive record revenues while maintaining carbon stocks on our traditional homelands.
We hope to offer an example for other companies trying to deﬁne and live by values. As we create a supportive work environment where our employees are valued, we are attracting like-minded partners and top-notch talent who share our vision. Sealaska is aiming to prove that business can protect oceans and land, care for community, and be successful because of these commitments — not in spite of them.
Through Sealaska’s continued ﬁnancial success, we can support and encourage our youth to become the leaders of tomorrow. Honoring our Elders’ words of providing for our grandchildren will keep us inspired and creating progress for years to come.
ABOUT SEALASKA 2019 ANNUAL REPORT
Sealaska achieved another year of record ﬁnancial performance with $77.8M in net income and $700M in total revenues. Sealaska’s 2019 revenue of $700M is the largest in Sealaska’s history. Increasing net income leads to increasing shareholder distributions. Operations and investments are the primary sources of Sealaska’s gross revenue. This is the greatest net income the corporation has ever achieved. Every operating business delivered signiﬁcant year-over-year growth. Sealaska businesses are building a solid base for the future. This allows for investments in critical community and shareholder programs. Flip through Sealaska’s story.
Irish company will expand global geosciences capabilities Roto-sonic drilling at Scapa Flow, Orkney – January 2022 June 28, 2022 (Seattle, WA)—Sealaska and Causeway Geotech Limited, one of the leading independent ground-investigation contractors in Ireland and the United Kingdom, today announced Causeway is becoming part of Sealaska’s ocean-health business platform. Run through a Seattle-based company called …
The Causeway team mobilizes out of Stornoway Harbour in November 2018, with jack-up barge OCM 80 to commence drilling operations at Smooth Point. A deep appreciation for the outdoors, for people and for problem-solving united Darren O’Mahony, Paul Dunlop and Ciaran Doherty when they were colleagues at Glover Site Investigations in Northern Ireland. So when …
Sealaska shareholders gave strong support to a resolution that will extend eligibility for Class D (Descendant) stock in Sealaska to lineal descendants of original shareholders without respect to their documented Alaska Native blood quantum. Sealaska joins Calista and Arctic Slope Regional Corporation in rejecting the practice of quantifying degree of Indian blood in order to …
Q: What did the blood quantum resolution do? A: When it was approved by shareholders, the resolution on this year’s proxy eliminated the requirement for applicants for Class D (Descendant) stock to prove they have at least one-quarter Alaska Native blood quantum. Q: Who is eligible for Class D stock? A: Lineal descendants of …
New Language Award Honors Founding Director Clarence Jackson, Sr. The inaugural Clarence Jackson Sr. Language Awards were presented at the 2022 Annual Meeting of Shareholders. The award recognizes individuals for the tremendous impact on Lingít, Xaad Kíl and Sm’álgyax language revitalization. The first awards recognized Elder/birth speakers. The new Sealaska language awards are named after Galtín …