October 2018 Annual Meeting Results

October 16, 2018by Media

BSNC held its 2018 Annual Meeting of Shareholders on Saturday, Oct. 6 in Anchorage, Alaska. The sole resolution to establish the BSNC Beringia Settlement Trust was approved by shareholders with 93 percent voting in favor of the resolution. The BSNC Board of Directors has authorized a $12 million transfer into the Settlement Trust. Future dividends, including the December Elder and regular dividend, will be distributed through the Trust on a tax-free basis.

Shareholders voted on the election of five board directors. Incumbents Ella A. Anagick, Jason Evans, Stephan (Steve) P. Ivanoff and Lee M. Ryan were reelected and Edna (Becka) Baker was newly elected to the Board. Directors serve three-year terms. BSNC thanks outgoing Director Neal Foster, who chose not to run for reelection, for his longstanding service to the Corporation as a board member.

BSNC is pleased to announce the results of its 2018 Election of Board Officers.

Chairman: Henry Ivanoff Sr.
Vice Chairman: Lee Ryan
President: Gail R. Schubert
Secretary: Roy Ashenfelter
Treasurer: Tim Towarak
Assistant Secretary: Eugene Asicksik
Assistant Treasurer: Stephan P. Ivanoff

Drawings were held for door prizes for those present and prizes were drawn for shareholders who turned in a valid proxy by the Oct. 3 proxy deadline. Checks will be mailed to winners who were not present at the meeting. Shareholders who could not attend the Annual Meeting this year were invited to join via live webcast at www.beringstraits.com.

OFFICESWhere to find us?
Bering Straits Native Corporation is headquartered in Nome, has a business office in Anchorage and site locations and offices across the U.S.
OUR LOCATIONS
ANCHORAGE
3301 C Street, Suite 100, Anchorage, AK 99503
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PO Box 1008. 110 Front Street, Suite 300, Nome, Alaska 99762
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OFFICESBering Straits Native Corporation
OFFICESWhere to find us?
BSNC is headquartered in Nome, has a business office in Anchorage and site locations and offices across the U.S.
OUR LOCATIONSWhere to find us?
ANCHORAGE
3301 C Street, Suite 100, Anchorage, AK 99503
NOME
PO Box 1008. 110 Front Street, Suite 300, Nome, Alaska 99762
GET IN TOUCHStay Connected
Follow BSNC for news, updates, stories, and opportunities to share in this journey.
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