The Sealaska building in Juneau.

Sealaska Plaza in Juneau is the regional Native corporation’s headquarters. (Heather Bryant/KTOO)

A slate of shareholders with business backgrounds is trying to unseat four incumbents on Sealaska’s board of directors.

Margaret Nelson, Carlton Smith, Ross Soboleff and Karen Taug announced their candidacies on Wednesday.

They call their slate “4 Shareholders for Sealaska.”

Spokesman Randy Wanamaker says the candidates are worried about Sealaska’s poor performance.

“With the information that the last dividend was not really based on Sealaska’s earnings, perhaps it’s time for new ideas and new energy, new talent to provide their expertise to the company,” he says, “to move the company toward profitability.”

http://s3-us-west-2.amazonaws.com/ktoo/2016/07/30CandPkg.mp3

Smith serves on the Juneau Assembly and runs a commercial real estate company. Taug is controller for the Southeast Alaska Regional Health Consortium. Ross Soboleff is a former Sealaska spokesman and Margaret Nelson is business development manager for a construction company.

Wanamaker says they support term limits for Sealaska board members.

“It ensures that there’s always a continuous flow of new ideas into the company and new energy. And we bring in new experience,” he says.

The challengers also want to link executive bonuses to business success. They say they will pay more attention to shareholder suggestions.

Only four incumbents on the regional Native corporation’s 13-member board are up for re-election.

Byron Mallott is a former Sealaska CEO, who is running for governor. Rosita Worl heads up the Sealaska Heritage Institute. Ed Thomas spent nearly three decades as president of the Central Council Tlingit & Haida Indian Tribes of Alaska. Sidney Edenshaw is a director of Haida Corporation based in Hydaburg.

Other independent candidates have indicated they will run. Incumbents are usually challenged, but few coordinate their campaigns or run as a slate.

Sealaska spokeswoman Nicole Hallingstad says corporate law keeps her from commenting on the slate before ballots become available, but it’s well within tradition.

“This independent proxy is an example of shareholders who are exercising their rights as shareholders as set forth by the state of Alaska and Sealaska’s own bylaws,” she says.

Proxy ballots will go to the corporation’s almost 22,000 shareholders on May 15th.

Election results will be announced at Sealaska’s June 28 annual meeting in Seattle.

Recent headlines

  • Acting Alaska U.S. Attorney Bryan Schroder speaks at a press conference in Anchorage on March 23, 2017.

    Veteran prosecutor nominated to be the US attorney in Alaska

    Trump nominated Bryan Schroder for the post, the acting head of the Alaska district since Karen Loeffler and 45 other U.S. attorneys appointed by former President Barack Obama were asked to resign after Trump's election.
  • The Alaska Capitol Building in Juneau on June 6, 2017. (Photo by Jeremy Hsieh/KTOO)

    Alaska lawmakers to reconvene on capital budget next week

    A Senate spokesman says the third special session is likely to start Thursday, July 27, in Juneau, and it's expected to last one or two days. The House and Senate indicated an agreement had been reached.
  • A robotic camera provides for wildlife tracking across a meadow near the Mendenhall Glacier Visitors Center for Wild Alaska Live. (Photo by Mikko Wilson/KTOO)

    Behind the scenes of Wild Alaska Live

    The BBC and PBS are teaming up on a special series of live, prime-time nature programs showcasing Alaska’s wildlife to tens of millions people around the world. Cutting edge technology and a lot of luck goes into the high stakes production.
  • Greens Creek Mine

    Juneau Assembly mining task force to add members

    The three-member Juneau Assembly mining task force is seeking to add two planning commissioners and two members of the public. The group is studying a proposal to streamline the city's mining review process.
X