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Viewpoints: Letters / Opinions

Sealaska President's Retirement

By Dominic Salvato

 

October 14, 2013
Monday PM


It's not comforting to some Sealaska shareholders in the comments of Sealaska's President and CEO Chris McNeil's willingness to help find a new CEO upon his retirement, as reported here at Sitnews.

Sealaska can't afford to continue to operate as a resource extraction corporation for much longer. Even if the land deal went through, Sealaska would be facing the same crisis when the next 70 thousand acres of trees are gone.

As Sealaska's CEO Mr.McNeil, unfortunately, made very little impact in the economic life of Sealaska shareholders.

Being appointed to the board of directors of the Sealaska Corporation by the board of directors of the Sealaska Corporation, as most of Sealaska's directors have, is the surest way to split a half million dollars for thirteen meeting per year.

The time has come to turn the ship known as the Sealaska Corporation.

As the land deal drags on and it is slowly gutted more of Sealaska's management will see the writing on the wall and hopefully retire.

Mr.Kookesh should have retired immediately after he was found guilty of ethics violations by the States Senatorial Ethics Committee.

The failed attempt in restoring his reputation has cost Sealaska shareholders many tens of thousand if not hundreds of thousands of dollars.

Mr.McNeil, Mr.Kookesh and they're shill Ms.Worl need to go.

The "Celebrity Business" nor the "Monument Business" have benefited the seventy percent of Sealaska shareholders living below the poverty line.

Mr.McNeil's retirement is a perfect time for change long overdue at the head of the Sealaska Corporation.

Dominic Salvato
Anchorage, Alaska

About: "D.Salvato and the 900 plus members of "facebooks" Sealaska Shareholders Underground"

Received October 13, 2013 - Published October 14, 2013

Related News:

Sealaska President & CEO Chris McNeil, Jr. announces retirement - The regional Native institution Sealaska announced today the retirement of President & CEO Chris E. McNeil, Jr. - More...
Friday PM - October 11, 2013

 

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