Sealaska Makes Major Investment to Expand Environmental and Geotechnical Capabilities
Monday, October 1, 2018
Sealaska Corporation is expanding its groundwater business by buying a majority stake in Gregg Drilling, a leading marine drilling and geotechnical services company headquartered in southern California.
“Gregg is a terrific business with excellent people who take pride in their work and bring passion and innovation to solving client problems. It is a company that truly values its employees and as a result is an excellent fit with the open, learning operating culture that Sealaska is building. It is also well placed to play a role in helping solve the growing challenges around water supply and coastal engineering in the western U.S.,” said Terry Downes, Sealaska’s Chief Operating Officer
“We’re excited about working with Sealaska because of its familiar way of thinking and willingness to look for new ways to solve complex problems,” said Gregg Drilling CEO John Gregg. “Our collaboration will create a formidable team that will allow us to tackle water remediation and coastal erosion issues facing our region.”
ABOUT SEALASKA
This investment aligns with Sealaska’s focus on improving Ocean Health. It currently has businesses in land management, professional services with a groundwater emphasis, and natural foods, specializing in seafood. Sealaska is transitioning its operating culture to become the problem solver of choice through creating a flat, open, learning culture where people can reach their full potential. The inspiration to work toward healthier oceans and enhancing the natural environment, comes from Sealaska’s unique history and ownership.
Sealaska is an Alaska Native Corporation, formed under the Alaska Native Claims Settlement Act (ANCSA) of 1971. Sealaska has approximately 22,000 shareholders, primarily of Tlingit, Haida and Tsimshian descent.
ABOUT GREGG DRILLING AND TESTING, INC.
Gregg Drilling (Gregg) offers a wide range of services for environmental, geotechnical and marine site investigation and remediation. Founded in 1985, Gregg has been widely recognized as a leader and innovator in drilling, sampling, and subsurface investigation, providing clients in industry and government with the highest quality services. Gregg has more than 160 employees throughout California.
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We are excited to announce that the results of the 2025 Sealaska election have been certified and are ready to share with all of you.
Congratulations to our 2025 winners. At Sealaska, we are deeply grateful for your participation in this year’s election. Selecting exceptional leaders to help guide our shared future is one of the most meaningful ways for shareholders to engage with us. These winners were randomly selected from the pool of early birds by the Inspectors of Election. All payments will be processed this week and delivered via the payment method on file for distributions in MySealaska.com.
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.
After considering the recently announced U.S. Postal Service delays to First-Class Mail in conjunction with a paper proxy error leading shareholders who wish to vote by mail to potentially wait for their regularly scheduled second proxy mailing, we have made the decision to extend the early bird deadline to June 6. We are listening to shareholders and want to give everyone the best chance to qualify as an early bird. Thank you for understanding and thank you for voting.
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
Early birds, it’s your time to fly! Congratulations to our 2024 winners.
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.
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