Sealaska CEO Anthony Mallott stepping down to support company’s leadership repositioning
Wednesday, November 8, 2023
Latest News
Sealaska board provides fourth quarter, distribution update in virtual session
Posted 11/17/2023
Sealaska’s quarterly Board Q&A sessions offer shareholders and directors a chance to connect in a casual online environment, empowering shareholders to ask questions directly to the board and providing directors a chance to hear shareholder voices on the issues that are important to them.
On Nov. 7, Sealaska directors provided an update from the November board meeting, held on Nov. 2, as well as information...
Recognizing the remarkable contributions of Anthony Mallott and Jaeleen Kookesh
Posted 11/11/2023
Two incredible individuals, Anthony Mallott and Jaeleen Kookesh, have announced they are leaving their roles at Sealaska. As they move on to pursue new opportunities, we take this moment to reflect on their contributions to our company and communities. Anthony Mallott’s tenure at Sealaska has been nothing short of transformative. His leadership as CEO has been marked by a commitment to our cultural values and stability across the organization. Under his guidance, Sealaska has not only grow...
Quarterly Board Meeting Recap – Fourth Quarter 2023
Posted 11/7/2023
The Sealaska Board of Directors met in Juneau on Thursday, Nov. 2 to approve a fall distribution totaling $13.6 million. The distribution will be issued to shareholders on Nov. 9. Sealaska’s distributions are made up of funds from three sources: Sealaska operations, the Marjorie V. Young Shareholder Permanent Fund and the Alaska Native Claims Settlement Act’s Section 7(i) resource revenue sharing. Distribution payments from both Sealaska operations and the permanent fund are calculated using a ...
Fall 2023 Distribution Analysis
Posted 11/3/2023
Curious about the math and analysis behind the ANCSA distributions you receive from Sealaska? Read onward to learn more. Sealaska’s fall 2023 distribution is noticeably different than the spring distribution issued earlier this year, which saw an unusually high 7(i) payment of $18 million. The large 7(i) payment seen in the spring distribution was unusual, a one-off situation not expected to be repeated. With this fall’s distribution, we see a significantly lower payout that is much more closel...
Sealaska Announces Fall 2023 Distribution
Posted 11/2/2023
As part of our commitment to the shareholders and communities who make us who we are, Sealaska will issue a fall distribution totaling $13.6 million, to be issued to shareholders on Thursday, Nov. 9. Sealaska’s board of directors approved the distribution at a board meeting held in Juneau on Thursday, Nov. 2. After the fall distribution is made, a total of $17.2 million (approximately $5.85 per share in total) in dividends will have been distributed from operations and the Marjorie V. Young (MVY...