BSNC held its 2025 Annual Meeting of Shareholders on Oct. 4, in Anchorage. Shareholders voted to elect five board directors for three-year terms. Incumbents Louie Green, Jr., Tyler Ivanoff, Cindy Towarak Massie, and Gail R. Schubert were reelected, and Steve Ivanoff was newly elected to the Board.
In addition, shareholders approved a major milestone for the corporation: the resolution to open enrollment for lineal descendants and missed enrollees. With this decision, BSNC’s Articles of Incorporation will be amended, allowing many descendants to enroll and receive 50 Class C shares, vote in corporate elections and governance, and access the benefits of shareholder ownership. Missed enrollees will now have the opportunity to enroll after many years of waiting.
“This moment is the result of more than a decade of thoughtful discussion and planning by the Board of Directors,” said President Cindy Massie. “I want to extend my heartfelt thanks to our shareholders—for voting, voicing your opinions, and staying engaged in the future of your corporation.”
Over the coming months, staff will work to design the most efficient enrollment process. In the meantime, descendants are encouraged to begin gathering required documents, such as birth certificates. Additional details will be shared once finalized.
BSNC thanks the Board and staff for their dedication and hard work in achieving this milestone. Quyaana to our shareholders for participating and remaining engaged in shaping a stronger future for generations to come.
Quyaana, quyana cakneq, igamsiqanaghhalek, thank you to all the shareholders who attended the meeting in person and online.