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.
Congratulations to Shareholders Irene Rindina Coyle, Thomas Frank Kohler and Adam Aposik who each won $1000 in the first round of proxy voting early bird prizes. The deadline was August 28 at 5:00 PM ADT.
Eight more early bird prize winners ($500 each) will be chosen from the group of individuals who have submitted their vote before 5:00 PM ADT [...]more
Koniag, Inc. is pleased to announce that the Board of Directors has appointed Shauna Hegna to fill the vacancy created by Mike Pestrikoff’s departure. Shauna is the daughter of Ivan and Kathy (Alvine) Lukin of Port Lions and the granddaughter of Afonie “Junior” and Zenida (Sheratine) Lukin of Afognak. She is a shareholder of Koniag, [...]more