Koniag, Inc. is one of 13 regional Native corporations established by Congress in 1971 under the terms of the Alaska Native Claims Settlement Act (ANCSA). ANCSA settled the aboriginal land claims of Alaska Native people by conveying land and seed capital to Native for-profit corporations representing various geographic regions of the state.
Koniag’s original share of the ANCSA settlement was $23 million, 800 acres of land and the “subsurface estate” of approximately 900,000 acres. Koniag was incorporated on June 23, 1972, to manage the land and financial assets on behalf of the corporation’s approximately 3,800 Alutiiq shareholders who originated from the Kodiak Archipelago. The corporation’s headquarter office is located in Kodiak, Alaska with an office in Anchorage, Alaska.
Koniag’s approach to business has evolved to meet new challenges, expanding opportunities and the needs of its shareholders. The corporation’s investments range from real estate holdings, resource development and business operations that include oversight of over a dozen subsidiaries.
The Koniag Board of Directors is dedicated to preserving the culture and land for future generations by keeping our businesses profitable to provide benefits such as dividends, education/employment opportunities, and a source for culture information to current and future shareholders.
This is a very important time of year for Koniag, for two reasons. First, we are in the final days of our fiscal year, which ends next Tuesday on March 31st. Second, the call for nominations for Koniag Board members is underway and also closes on March 31st.
Shareholders have mentioned to us that it [...]more
Nominations are open for shareholders seeking election to the Koniag, Inc. Board of Directors. Three seats are up for election at the Annual Meeting of Shareholders. All valid nominations will be included in the Corporation’s Proxy Statement. The application deadline is 5:00 pm, Tuesday, March 31, 2015. Click on the hyperlink below for an electronic [...]more
605 Seward NW, Suite 101
Grand Rapids, MI 495041