Sealaska Board Names Richard Tashee Rinehart as board chair
Friday, September 6, 2024

Sealaska Board Names Richard Tashee Rinehart as board chair

Leadership decision emphasize value for shareholders, Southeast Alaska

Sealaska’s board of directors made Richard Tashee Rinehart the company’s new board chair during Thursday’s board meeting in Klawock. The board also appointed Terry Downes, current CEO of Sealaska business arm Woocheen, as Sealaska’s CEO. Joe Kaaxúxgu Nelson will continue in the role of interim president until a new president is hired. “This is an exciting time for Sealaska’s growth. We are looking forward to new leadership under Richard and for an open recruitment for president” says board Vice Chair Jodi Mitchell.  

Rinehart has served on Sealaska’s board since 2013 and has 38 years of experience as a business executive and entrepreneur, including 20 years in private industry. He said the board enthusiastically named Downes as CEO. 

“Sealaska’s business focus on ocean health is deeply rooted in our values and thousands of years living in harmony with the oceans, forests and communities of Southeast Alaska,” Rinehart said. “Under Terry’s leadership, we have built a global business that is fostering health for people and planet – and that is well positioned to directly benefit the region of Southeast Alaska. Terry is the right leader to ensure Sealaska’s activities continue to help shareholders and communities long-term.”

Sealaska’s operating EBITDA has grown nearly fivefold since 2018, with expansion in both its sustainable seafood business and in a collection of businesses focused on Earth sciences that advance clean energy and climate research.

“Our emphasis on ocean health was always a full-circle idea,” Rinehart said. “Now is the time to bring it back home.”

The Sealaska board of directors thanks Joe Nelson for his 10 years of service as board chair and acknowledges his amazing contributions to the organization.

Established in 1972, Sealaska is the Alaska Native regional corporation for Southeast Alaska. Its 26,000 shareholders are Tlingit, Haida and Tsimshian people with more than 10,000 years of history in Southeast Alaska.


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Posted 4/10/2026
Posted 4/10/2026

The Sealaska Board of Directors met on April 10, 2026, and conducted key governance actions while receiving updates on shareholder services, shareholder development, natural resources and regional economic development.


Posted 8/28/2024
Posted 8/28/2024
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Posted 10/25/2023
Posted 10/25/2023
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Posted 7/10/2023
Posted 7/10/2023
by Evan Roberts, Shareholder Development Intern In the week leading up to Sealaska’s 2023 annual meeting of shareholders in Klawock, a group of seven interns traveled to Prince of Wales to learn about Sealaska’s community-driven work. 2023 celebrates the launch of Sealaska Abroad — Sealaska’s international internship program. The three students who will be working with Sealaska subsidiary New…

Posted 6/16/2023
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Hundreds of people had gathered on the University of Alaska Southeast Campus on Thursday, June 15 to wish the crew of the Hōkūleʻa farewell as they embark on a remarkable journey over the next four years. The event marked the Global Launch Ceremony for Moananuiākea, a voyage that will circumnavigate the Pacific using traditional methods of wayfinding as they visit 36 countries and archipelagoes…

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Posted 3/24/2023
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Posted 3/22/2023
Posted 3/22/2023
The Sealaska Board of Directors will meet on Friday, April 14 to approve the amount for Sealaska’s 2023 spring distribution. The distribution will take place on Friday, April 21. Shareholders are encouraged to complete and/or update any enrollment or stock transfer paperwork by the official record date of 4 p.m. Alaska time on Monday, April 17. “Sealaska is committed to providing stable…

Posted 1/9/2023
Posted 1/9/2023
Happy New Year! As we greet 2023, we at Sealaska also invite you to join us in reflecting on the 2022 year. In 2022, we celebrated 50 years; made strides toward our goal of ocean health; and continued on the path of financial stability despite continued investment market challenges. There is much to be thankful for: our hardworking employees, our creative, collaborative partners and our…

Posted 1/2/2023
Posted 1/2/2023
An evening of winter sports festivities on Jan. 6 will kick off a partnership offering unique opportunities for Alaska Native children and teens to access low-cost and free ski and snowboard rentals, lessons and passes to Eaglecrest Ski Area. The event, which will run from 6-9 p.m. at Elizabeth Peratrovich Hall, is made possible through the collaborative efforts of Indigenous skiers and…

Posted 11/9/2022
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Sealaska shareholders tuned in from locations around Alaska and the country yesterday to hear an overview of the fall distribution from Sealaska President and CEO Anthony Mallott. The distribution, which was issued to those with direct deposit today, is the third made through the Sealaska Settlement Trust, which was established by shareholder vote in 2021. Mallott was joined by Director…

Posted 10/28/2022
Posted 10/28/2022
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Posted 9/8/2022
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Posted 7/29/2022
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The Sealaska Board of Directors today endorsed Bill Walker and Heidi Drygas for Alaska Governor and Lieutenant Governor, Sen. Lisa Murkowski in the race for U.S. Senate and will oppose the ballot measure that would initiate a constitutional convention in Alaska. The actions follow the board’s decision a week prior to support the candidacy of former state lawmaker Mary Peltola to fill the…

Posted 4/26/2022
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Alaska voters will face a series of elections between now and November — a special primary and general election to fill the seat left vacant when Congressman Don Young passed in March, and a regularly scheduled primary and general election in August and November. The special election, which is already underway, will be the first time Alaskan voters choose a candidate using the state’s new…

Posted 4/18/2022
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Ellen Bradley is at home in the rainforest and snow-covered peaks of Lingít Aaní — literally. A skier, scientist and passionate Indigenous advocate fighting both colonialism and climate change in the outdoor industry, Bradley returned to her ancestral homeland to ski for the first time this winter, deepening her connection with the land and her Indigenous identity through time spent in the…

Posted 4/12/2022
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Posted 4/8/2022
Posted 4/8/2022
For several years, Sealaska has been building a business platform that revolves around fostering healthy oceans. Now, with global expertise in geotechnical services, data sciences, marine construction, sustainable seafood and more, it’s time for Sealaska’s businesses to share an ocean-health identity. Part of that identity involves giving the platform a name. Woocheen is a name that was…

Posted 4/8/2022
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Sealaska’s board of directors approved a $21.3 million distribution to shareholders when it met Friday, April 8. The spring distribution is made up of $7.5 million from Sealaska’s business operations, $2.6 million from the Marjorie V. Young (MVY) Shareholder Permanent Fund and $11.2 million in Alaska Native Claims Settlement Act Section 7(j) natural-resource revenues. The distribution will be…

Posted 12/28/2021
Posted 12/28/2021
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.

Posted 10/25/2021
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Posted 8/4/2021
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Sealaska shareholders are overwhelmingly favorable toward the company’s business platform focused on ocean health and environmental stewardship, according to the company’s 2021 shareholder survey. The survey, conducted by an independent research firm in April and May, was completed by nearly 5,000 of Sealaska’s 23,000 Tlingit, Haida and Tsimshian shareholders in Southeast Alaska and beyond.

Posted 7/13/2021
Posted 7/13/2021
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Posted 5/7/2021
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Posted 4/8/2021
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Growing up in Juneau, Rain Felkl had no fear of the mountains, she said. Her parents would let her play at the glacier or spend the night on top of Thunder Mountain unsupervised, entrusting XTRATUF boots, hand-me-down outdoor gear and the unwavering confidence that characterizes childhood with her safe return home. “They [my parents] didn’t instill fear in us when it came to the outdoors,”…

Posted 4/1/2021
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As Sealaska’s board finalizes the spring distribution to Sealaska shareholders in a meeting on Friday, April 2, the company’s business operations continue a trend of increasing profitability. Thanks to the incredible dedication and skill of so many at Sealaska, several of our businesses actually saw record financial results in 2020. Their efforts enabled us to keep our employees safe…

Posted 2/9/2021
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During the month of February, we are highlighting shareholders who are contributing to policy and advocacy efforts and who positively impact people and communities. Washington State Representative Debra Lekanoff is a champion for environmental policy and protections. She has given her time at the tribal, village, state and national level. Her efforts and professional background led some…

Posted 12/9/2020
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At just 25 years old, Sealaska shareholder descendant Stephanie (Sxhaalghén) Masterman was recognized by the National Center for American Indian Enterprise Development as a Native American 40 Under 40 award recipient for 2020. The announcement came in November. Masterman is Tlingit. She is Wooshkeetaan (Eagle/Shark Clan), a child of German, English, Irish and Navajo ancestors…

Posted 10/9/2020
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Posted 9/18/2020
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In the next 50 years, the world’s population will grow by nearly 3 billion to a total of 10.5 billion people, according to the United Nations. Most of these billions of people will be born into poverty. How will our planet, which is not growing, support these children and families? Access to healthy food and clean water will become even more important in the years to come, and yet humans are…

Posted 8/3/2020
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Posted 6/22/2020
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After discussing where Maka came from and how she was taking on her current projects on climate change and social injustice, we asked her flat out, “why?” Why youth, why now? Her answer… “My people are resilient people. I remember, as a child, sitting at our old wooden kitchen table after dinner while my grandfather spoke about how the Tlingit people trained to stay strong and healthy.

Posted 6/19/2020
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We had a chance to connect with Sealaska Board Youth Advisor Maka Monture, a Tlingit and Mohawk from Yakutat, Alaska. She currently resides in Anchorage, Alaska, and is working on a few different projects at the time of this interview. We wanted to catch up on what she has been doing and, more importantly, learn more about why she is so dedicated to leading a youth charge on climate change and…

Posted 6/11/2020
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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…

Posted 6/4/2020
Posted 6/4/2020
It is natural that Morgan Howard sees the future of Sealaska – as well as its challenges – through the lens of communications. As founder of Morgan Howard Productions, a communications company specializing in video, web, and social media, he has been telling the stories of Alaska Native people and Alaska Native Corporations (ANCs) since the mid-1990s. Howard said he believes that…

Posted 6/1/2020
Posted 6/1/2020
Acquisition advances corporation’s work to build strong teams and ocean health. CS Marine Constructors, Inc., brings an ideal set of values and capabilities to Sealaska’s broad effort to improve ocean health and build a culture of respect, transparency, focus and drive. The Vallejo, California-based marine-construction company is well-positioned to help Sealaska address the…

Posted 2/27/2020
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Alana Peterson learned the value of hard work at a very early age. When she was just 10 years old, she worked alongside her father, who was an artist, selling hand-painted wood trinkets to tourists. Throughout her life, Peterson has grabbed every opportunity to work, to help others fulfill their dreams, and to improve the local economy. Her resume includes several unique experiences that has…

Posted 2/13/2020
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Like Sealaska’s core values, the basis of the upcoming 2020 Innovation Summit, Feb. 26-27, at Centennial Hall in Juneau is working together to address business challenges. One of the challenges we face today is a changing climate. In fact, out of any state, Alaska’s economy is predicted to be the most impacted by climate shifts. That’s why this year’s summit will feature Alaska scientists…

Posted 4/3/2019
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Sealaska’s current and future shareholders and leaders will have many opportunities from the income we receive from the carbon project. In 2018, Sealaska’s carbon-offset project became the first in Alaska to be issued carbon-offset credits through California’s cap-and-trade program. The project is contributing to Sealaska’s biggest net income year on record. Creating financial…

Posted 6/8/2018
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A letter from Sealaska Chair Joe Nelson discussing the 2018 Celebration theme “Respect: Weigh Your Words” For decades, we have been coming together every other year during Celebration – as Tlingit, Haida, and Tsimshian people. It is a beautiful thing. Over the years, much has changed, and yet, much has stayed the same. Technology changes every few months.