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 the newly elected Board of Directors Ron Unger, Conrad Peterson and Sven “Fish” Haakanson Jr. We appreciate all of our Shareholders voting and being involved in this very important process. Quyanaa.more
Our thoughts and prayers are with the family of Koniag Director, Richard Frost, who passed away on September 28, 2016 in Anchorage, Alaska. Richard served as a member of Koniag’s Board of Directors from 1984-1986 and from 1996 to present. During his tenure on the board, at one time or another, Richard held every board [...]more