Sealaska shareholders have seen unprecedented financial losses and record level spending by Sealaska on a campaign to re-elect legacy board members.
The Sealaska Board is an elite group, who typically serve a lifetime term. The four board members, whose terms end in June, have collectively served a total 150 years on the Sealaska board.
The Sealaska board travels to selected communities to meet the shareholders prior to the election. This year, late meetings were added in Sitka and Portland. Each board member receives $750 per meeting day and all travel expenses paid for.