Sealaska’s Progress with Ocean Health Enables Alternatives to Logging
Monday, January 11, 2021

Shift to new businesses aligns with Alaska Native heritage and creates enduring value for shareholders and communities

Jan. 11, 2021 (Juneau, AK)—Sealaska, an Alaska Native Corporation that owns and manages 362,000 acres of land in Southeast Alaska, plans to transition out of logging operations in 2021.

“Logging created value for our Alaska Native shareholders for decades, and it brought us to where we are today. We’re grateful for the commitment and professionalism that led to our success,” said Sealaska CEO Anthony Mallott. “But we’ve now built an organization that can thrive well into the future, and that means engaging in activities with more enduring benefits for our communities.”

Over the past six years, Sealaska has invested in and grown a range of businesses that support healthy oceans. Those include geotechnical engineering, marine construction, freshwater remediation, and nearly $1 billion in operations dedicated to producing low-impact foods from the sea.

A particular focus is community-oriented enterprises in Southeast Alaska’s growing economic sectors, including ocean-based foods and tourism. Sealaska is analyzing and investing in businesses such as Barnacle Foods, which emphasizes building the local economy by creating local jobs and keeping the value chain local. Sealaska seeks more, similar opportunities to build strength and resilience for Southeast Alaska.

The result of all of Sealaska’s reinvention is that logging comprises a small percentage of the company’s total revenue. The time is right to pursue other options, Mallott said. “Several years ago, we started carefully investing in successful new businesses that are better aligned with Sealaska’s Alaska Native heritage,” he said. “Now we are in a good position to redirect our efforts into work that’s in balance with our natural resources, and that we also believe will create significantly more value for shareholders and communities in the long term.”

In addition to building successful new lines of business, Sealaska supports education, workforce development, stewardship and economic programs to help people and communities transition to new economies based on long-term stewardship of natural resources.

“Programs we support provide a pathway to migrate jobs to sustainable alternatives that foster balanced ecosystems,” Mallott said. “Our Tlingit, Haida and Tsimshian people have been connected to these lands for 10,000 years. It’s important to us to take care of our land and resources in a way that will benefit all people for generations to come.”

Sealaska is an Alaska Native regional corporation for Southeast Alaska formed under federal law in 1971. With more than 23,000 shareholders of Tlingit, Haida and Tsimshian background, its purpose is to strengthen its people, culture and homelands. Sealaska invests in and operates businesses that improve the health of our oceans, maintain healthy homelands in Southeast Alaska, and benefit shareholder communities. Learn more at


Latest News

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...

Sealaska announces Desiree Jackson to serve as Vice President of Administration and Outreach

Posted 3/6/2024
Jackson’s goals, experience are aligned with Sealaska’s vision for shareholders, communities and the region’s collective future. A focus on strategy, values and excellence has led Desiree Anax x’aséigu yé Jackson to her new role as Sealaska’s Vice President of Administration and Outreach. Jackson has served as the executive director of...

First Quarter Board Q&A provides shareholders an opportunity to connect with their board

Posted 3/4/2024
Members of Sealaska’s board of directors had an opportunity to connect with shareholders and answer questions during the Feb. 29 board Q&A session hosted on MySealaska. Directors Barbara Cadiente Nelson, Ka’illjuus Lisa Lang joined Executive Chair Joe Nelson and Board Youth Advisor Deikeenaak’w  Connor Ulmer in providing an update following January’s board meeting and shared upcoming opportunities and associated deadlines with participants. Sealaska’s language grant application period i...

Virtual Shareholder Orientation offers connection, information for original and new shareholders alike

Posted 2/26/2024
Sealaska’s Shareholder Relations team hosted a virtual shareholder orientation on Tuesday, Feb. 20 for an audience of nearly 170 shareholders from far and wide. This event offered both new and long-term shareholders a chance to learn more about the benefits and responsibilities of being a shareholder and answer questions about specific Shareholder Relations policies, procedures and protocol.   Shareholder Relations Manager Jodie Gatti, who joined the Sealaska team in November, was joined by...