Longtime Sealaska Director Marge Young Walks into the Forest
Monday, March 16, 2020
Sealaska is sad to announce the passing of longtime director Marjorie (Marge) V. Young from Craig, Alaska. Marge served on the board from 1979 to 2009 and held positions as chair and vice chair during her years of service.
Marge was a successful business owner in her hometown of Craig. She operated AC Thompson House Grocery Store and the Hill Bar & Liquor Store for nearly five decades. She was a kind, generous and community-minded leader who supported the local schools and personally donated money to help teams from Prince of Wales Island attend the Gold Medal Tournament and many other events over the years.
During her tenure as a director, Marge was a steadfast and trusted voice in the boardroom. She advocated for creating opportunities for shareholders and was influential in several initiatives that still benefit the corporation today. In 2009, the Sealaska board of directors unanimously voted to name the Sealaska Permanent Fund in honor of Marge.
“Marge cared deeply about all Sealaska shareholders. She consistently advocated for growing and protecting the permanent fund for future generations of shareholders,” said Joe Nelson, Sealaska board chair who served alongside Marge for six years.
The fund is formally known as the Marjorie V. Young Shareholder Permanent Fund. Marge was a lifelong resident of Craig. She was Haida, Eagle, Frog.
“Marge’s foresight on financial stewardship is something that will guide the corporation for years to come,” said Sealaska President and CEO Anthony Mallott. “She will be missed but she leaves a lasting legacy on Sealaska shareholders.”
Due to current health and safety concerns in our communities, the family will be postponing memorial and remembrance services for the time being. Sealaska will work with Marge’s family to help announce any future plans.
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We are continuing our search for a dynamic and visionary leader to serve as Sealaska’s president. It is important that we find the right candidate to fill this position, which is why the Sealaska board of directors is being as exacting as possible as we search for a candidate capable of amplifying the impact of our mission and providing benefits that empower our shareholders. To this end, the Sealaska board of directors recently revised the job description for the position of president and sought the assistance of a professional recruiting firm. Our hope is to announce a successful candidate as our new president this coming summer.
Shareholders, an error occurred when printing proxy cards regarding the number of shares you own and votes you have in the top right corner of your proxy card. This error does not affect the validity of your paper proxy, nor does it affect voting on MySealaska.com through the Election Connection portal
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.
Sealaska shareholders are now able to view and download their IRS Form 1099-DIV for 2023. Printed 1099 tax forms will be mailed on or before Jan. 26.
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Sealaska shareholders are now able to view and download their IRS Form 1099-DIV for 2022. Printed 1099 tax forms will be mailed on or before Jan. 27.