Sealaska Corp. Sees First Profits Since 2003 Due to Its Seafood Investments
SEAFOODNEWS.COM [SeafoodNews] by John Sackton - May 10, 2018
Sealaska, the Southeast Alaska Native corporation, and is the largest in of the 13 native corporations in Alaska, representing 22,000 shareholders.
The corporation has struggled with poor investments and lack of profitability, but adopted a turnaround plan in 2012.
Before that the company had been hit by failed investments in Hawaii. The CEO at the time, Chris McNeil Jr., resigned, and was replaced by Anthony Mallot.
As reported by the Juneau Empire in an interview with Mallot, part of the turnaround plan was investing in ...
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