Rooted in Alutiiq values. Guided by our Shareholders
Koniag is one of 13 regional Alaska 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. We were 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 headquarters 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 our culture and land for future generations by keeping our businesses profitable to provide benefits such as dividends, education/employment opportunities, and a source for cultural information to current and future Shareholders.
Code of Ethics
Koniag Directors and employees shall conduct all activities in a lawful manner consistent with the highest standards of honesty, integrity, and ethics. Koniag Directors and employees shall exercise reasonable and prudent professional judgment and shall otherwise act in the best interest of the Corporation. Koniag Directors and employees shall perform services in a competent, efficient and economical manner. Koniag Directors and employees shall keep abreast of new developments and strive to improve professional competence in all areas in which Koniag is engaged. Koniag Directors and employees conduct in all matters shall reflect credit upon the Corporation, the Koniag Region, and the Alutiiq people.