BSNC held its 2022 Annual Meeting of Shareholders on Saturday, Oct. 1 in Nome, Alaska at the Nome Recreation Center, 208 E. 6th Ave. Shareholders voted on the election of five board directors who will serve three-year terms. Incumbents Gail R. Schubert, Louie Green Jr., Cindy Towarak Massie and Charles W. Fagerstrom were reelected and...
BSNC is pleased to announce that our Anchorage and Nome offices are open to shareholders, descendants and the general public Monday – Friday, 8 a.m. – 5 p.m. We thank you for your patience and for helping keep Our People and communities safe. Quyaana.
The Bering Straits Native Corporation (BSNC) Board of Directors announced their endorsement of U.S. Senator Lisa Murkowski for reelection to the United States Senate. Sen. Murkowski is considered the leading expert in Congress on Arctic policy and polar affairs. Sen. Murkowski works to raise awareness amongst her colleagues on Capitol Hill that the U.S. —...
The Bering Straits Native Corporation (BSNC) Board of Directors has declared a record-high dividend of $10.25 per share, a 7.9% increase over the 2021 shareholder dividend. This distribution will be paid by Dec. 31 to shareholders (on record as of Nov. 28) through the BSNC Beringia Settlement Trust, and is not taxable. Shareholders who own...
The Bering Straits Native Corporation (BSNC) Board of Directors has voted to declare a 2022 Elder dividend of $1,500. This Elder dividend will be paid to original BSNC shareholders who are 65 years of age or older on the record date of Nov. 7. This distribution will be paid by Dec. 31 through the BSNC...
At a BSNC Board of Directors meeting held on Aug. 9, 2022, Isaiah (Ike) Towarak was appointed to fill the Board seat previously held by the late Henry Ivanoff Sr. Towarak, who resides in Unalakleet, will serve the remainder of the late Chairman Ivanoff’s term until the 2023 Annual Meeting election. Towarak was selected from...
BSNC welcomes Amber Ongtowasruk as an HR intern. She recently graduated from AVTEC in Seward where she received Accounting Specialist and Administrative Assistant certificates. After her internship, she plans to continue working towards a bachelor’s degree in Accounting. Ongtowasruk’s traditional name is Ublugiaq. She is from Wales and Nome. Her parents are Ron and Gerri...
The BSNC Board of Directors has elected new officers. The Chairman seat was vacant due to the passing of longtime Board Chairman Henry Ivanoff Sr., who passed away on March 30, 2022. BSNC Vice Chairman Lee Ryan was elected as Chairman. BSNC also elected Cindy Towarak Massie as Vice Chairman, Eugene Asicksik as Secretary, and...
BSNC is pleased to announce the hire of Kim Cunningham as Chief Financial Officer (CFO). Cunningham joins BSNC from NANA Regional Corporation (NANA), where she served as Senior Vice President and CFO for the corporation and its wholly-owned subsidiary, NANA Development Corporation (now Sivu, LLC). “Kim is a welcome addition to our Executive Team,” said...
The Alaska Business Hall of Fame has announced its selection of BSNC President & CEO Gail R. Schubert as a Laureate Inductee. Under her leadership, revenues have grown from $14 million in fiscal year 2003 to $543 million in fiscal year 2022. In the last decade alone, BSNC distributed $48 million in shareholder benefits, representing...
