The Aleutian Current

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aleutcorp.com

November 2007, Vol 36 Issue 6

Board Vision 2007
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Board Vision 2007

Sharon Lind
Chair

With the full management team in place at TAC, my focus will be on team building. As Troy Johnson familiarizes himself with TAC, he continues to look at every aspect of our current business. We are using this opportunity to discuss where we are as an organization and how we are currently performing.

We will also look closely at our current revenue sources. As many of you are aware, a very large portion of our revenue comes from government contracting. This is an area in which TAC has been enormously successful and we will continue to be successful. I also believe it is necessary to diversify our revenue streams by expanding our strengths to other areas. This will help us prepare for a stronger financial future.

A major concern of mine is our future ownership and the relationship to the organization of those born after December 1971. I was fortunate to grow up as a shareholder, as it helped shape my curiosity about TAC. I believe it is important to discuss and explore enrollment for our youth. I would like to continue that discussion for our next generation.

Finally, I see so many positive things happening at our sister ANCSA for-profit Corporations. I believe there is a connection and a uniqueness to the for-profit ANCSA corporations, and I would like to explore the possibility of a networking conference that brings all ANCSA for-profit boards together for training, team building, and, of course, partnership opportunities. If we brought the for-profit entities together, who knows what more we could accomplish for our people.

 

Tara Bourdukofsky
Vice Chair

It is always good to see one another at the village seminar, OC gathering, annual meeting, banquet and AFN. It’s a time I look forward to every year, as it allows me the chance to listen to the share holders. It is a right and responsibility of the shareholder base to voice concerns, complaints and compliments. It is a process that I respect and value. The information gathered during meetings—shared in one-on-one conversations or perhaps in a small group on the elevator—are a significant guiding force, and vital in making decisions as a director.

Please be assured that, as our new management team carries out TAC’s business plans, I will provide ongoing support and oversight of its performance. This will ensure a timely production of accurate financial statements, and will increase our ability to create more business value.

I wish to thank TAC management, staff, and my fellow board members—both current and past—as well as you, the shareholder base, for making TAC a great corporation. It has been an exciting, incredible experience. May your holidays be blessed with family, friends, laughter, good food and peace!

 

Elary Gromoff Jr.
Vice President

I would like to thank the shareholders for their continued support and confidence in re-electing me to the board of directors. I believe we have an extremely strong board in place, and I know that we will work well together to expand the business development opportunities for TAC.

My travels take me all over the country, and I consider each trip an opportunity to be an Aleut ambassador. I am proud to be an Aleut, and am pleased every time I have the opportunity to explain who we are and what we represent.

I have served in a variety of positions on the board for over ten years. With the new management team now in place, I plan to share with them the knowledge and lessons I’ve learned. My goal is to help the management team navigate successfully in their roles.

I support the TAC’s vision. Increasing shareholder dividends, expanding job bank opportunities, providing scholarships to shareholders and their descendents, providing benefits to elders, and, most importantly, providing support in helping prepare our future generations to work in and lead this organization, will all bring positive results to our region.

 

Dick Jacobsen
Secretary/Treasurer

My goals for TAC this coming year are twofold. I’d like to continue to grow the corporation financially, and I’d like to continue to try and make the board of directors, administration, and the whole corporation more friendly and transparent to you, the shareholders.

I would like to thank the shareholders for your support. I appreciate those of you who called, wrote or emailed me with your comments, questions and concerns.

I look forward to hearing from you any time. I hope you all have a happy, healthy holiday season.

 

Debra Mack
Director

Thank you very much for your overwhelming support in this year’s election. I am very humbled, and promise you that I take the responsibility you have entrusted in me very seriously.

For the next three years, my goal as your Director is to work closely with the Board and Management to help our company continue to grow. I would like to see us expand our real estate holdings and government contracting business, and explore opportunities regarding fuel. All of this will help accomplish our vision to “achieve $250 million in gross revenue and $25 million in profit by 2012.” I would also like to see us explore new areas for corporate growth.

With continued success, we can continue to increase dividends and elders’ benefits, provide increased support for education, develop internship and mentor-ship programs for our shareholders, and support efforts to preserve our culture.

I also support the effort to open communications with all our shareholders. One of our goals for this upcoming year is to provide educational tools about our corporation to our shareholders. Improved communications between all of us—shareholders, directors and management—will strengthen and improve the trust between us. With a high level of trust, we can accomplish great things with our corporation. I look forward to working for you this next term. As always, please contact me if you have any questions about your corporation.

 

Stanley Mack
Director

I believe that this coming year will be one of sustained growth for TAC. In my role as a board member, I will continue to watch the organization’s financial performance, helping establish an even stronger financial base that will in turn produce higher dividends for the shareholders. The key to managing our growth will be to explore other business opportunities that will help expand the business profiles of our subsidiary.

One of my passions is the mentorship program. This program is designed to groom other shareholders for management positions within the organization. TAC is an Aleut organization. It is my goal to see that the Aleuts operate TAC in the future.

 

Carl Moses
Director

I greatly appreciate the support and trust you gave in electing me to our board of directors. I will strive to apply my years of experience in the business world to increase the profitability of our corporation, which in turn will provide greater dividends to the shareholders.

I will encourage development of the mineral and oil resources in our region, as well as all other business opportunities that become available to our region. I look forward to serving you to my greatest ability; my phone is available 24 hours a day. Thank you for your support.

 

Alvin Osterback
Director

I believe my extensive business experience, especially my understanding of the fiduciary responsibilities required in making sound business decisions, will benefit shareholders. TAC continues to grow the bottom line. This is due to the board of directors setting high goals, searching for and hiring executive-level personnel that have the ability to reach these goals. Most importantly, what makes it all work is having a staff that believes in the company and puts all the pieces together on a daily basis.

My main concerns are assisting elders and providing higher education opportunities for all shareholders. I value elders as the foundation of the Aleut people. I see higher education opportunities as the key for preparing our next generation of leaders. Most importantly, I will always remember that the corporation belongs to the shareholders. Electing me to TAC’s board of directors is their way of saying “we put you there because we trust you will look out for us.”

 

Alice Petrivelli
Director

I would like to see more young Aleuts involved in the corporation and its subsidiaries. I believe it is important to involve young people in TAC now, so that they will continue the tradition of growing a successful corporation and protecting the land and culture.

I believe that it is important that the young shareholders know the history of the corporation. They need to be aware of the “good” and the “not-so-good” events that have happened since incorporation. Utilizing this knowledge will help them be better future leaders.

I also believe it is important to stay in touch with the Aleut people. My role as an Elder for Rural Human Services, UAF, puts me in touch with the everyday challenges people face on a personal level. It is a reminder that “there is more to preserving our organization than just protecting the bottom line.” I believe the board can unite and work together as a team to help establish a “work-for-the-people agenda.”


 

 

 

November
2007

- Chairs Report

- Presidents Report

- CEO's Report

- Board Vision

- Borenin

- Extravaganza

- Condolences

The
Aleutian Current

 

 

 

 

 

 

 

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