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.
Every two years, Sealaska conducts a shareholder survey to identify your priorities. Those priorities are the road map to our public policy work and help guide the shareholder benefits we are grateful to be able to provide through the success of our businesses. In 2021, Sealaska’s board and executive leadership launched what will be a …
As we welcome 2022, we at Sealaska have much to be grateful for. We end the year safe and successful, despite facing continued challenges and disruptions from the COVID-19 pandemic. Sealaska continues to prioritize the health of our employees and deeply appreciates their tireless efforts to maintain COVID precautions while working to achieve business growth and enhance shareholder benefits. We also give thanks to our …
Sealaska is saddened to learn that Gilbert “Gil” Gunderson passed away, Dec. 22. Sealaska sends its heartfelt condolences to the Gunderson family and all those who so dearly loved Gil, for their loss. Gil served as a director on Sealaska’s board from 1972 to 1987. He was a known throughout Southeast Alaska as a commercial …
Gunalchéesh, Háw’aa, T’oya̱xsut ‘nüüsm for joining us today! This year, Sealaska had two opportunities for shareholders to win cash prizes: All shareholders who attended the virtual event via MySealaska.com were automatically entered to win $15,000 in cash prizes. All voting shareholders whether in attendance at the virtual event or not were eligible for $20,000 in …
As Police Chief, Ed Mercer is the highest-ranking member of the Juneau Police Department. He has served as Juneau Police Chief since 2017. On December 14, 2021, Chief Mercer was presented the 2021 AFN President’s Award for Public Service. The award recognizes an Alaska Native who demonstrates dedication, competence, and sensitivity in public service. “Sealaska is proud of Chief Mercer’s dedication to community and …