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.
7(j) Distribution to Class B Shareholders (only) of $12.89 per share.
Distribution date is June 30, 2016. Direct deposits will be made and checks will be mailed on that date.
Deadline to make changes to address and direct deposit information is June 21, 2016.
My Koniag will be unavailable to make updates by Shareholders between [...]more
Koniag is seeking a Director of Compliance and Risk for the Anchorage Office.
The Director of Compliance and Risk will have corporate risk management, governance and compliance duties, as well as responsibility for oversight of centralized benefit plans and services for the Koniag family of companies. Various additional administrative and compliance responsibilities may [...]
Koniag subsidiary company Open Systems Technologies, or OST, has been named by the Association for Corporate Growth, or ACG, Western Michigan as the recipient of the 2016 Outstanding Growth Award.“This award is a testament that our company’s guiding principles of honoring our families first, delighting our clients, serving with humility and embracing entrepreneurship and innovation will lead to success,” said Meredith Bronk, president and CEO, OST. Find the full article here. Congratulations Open Systems Technologies!