Nearly 84 percent of Huna Totem shareholders cast votes in an election last weekend that unseated one board member and re-elected two others.
"We are pleased with the voter turnout for this election," Board Chair Albert Dick said. "It is obvious shareholders care about their company and want to participate in the selection of its leadership."
Votes were cast Saturday at the corporation's 30th annual shareholder's meeting, both in person and by proxy, corporation Chief Executive Officer Robert Wysocki said.
Shareholders re-elected Edward Davis of Seattle and William "Ozzie" Sheakley of Juneau to three year terms.
Former board member Tilli G. Abbott of Mountain Home, Idaho, was returned to the board, beating out incumbent Ernest Hillman, Wysocki said.
Abbott has been critical of the board. In March, she told the Empire an informational flyer put out by the board before the disputed election of 1999 impugned the character of her board-member brother, Karl Greenewald Jr. The Alaska Supreme Court heard arguments in March concerning issues surrounding the 1999 election.
In a reorganizational meeting following the shareholders' meeting, the board re-elected Dick as its chair, Ronald D. Williams as its vice chair and Davis as the new secretary-treasurer. Davis takes over the post from Sheakley.
The corporation board has nine members, each serving three-year terms. Each year, three seats are decided by shareholders.
The Huna Totem Corporation has about 1,200 shareholders. Wysocki said no resolutions were brought to the floor for consideration at this year's meeting.
"The shareholders are really excited," he said.
Sunday, the first of this season's 32 cruise ships arrived to Icy Strait Point, the corporation's new tourism destination at Hoonah, a community with fewer than 900 residents. About 1,800 passengers arrived aboard ship.
Wysocki said Hoonah offers cruise ship passengers the opportunity to see "the real Alaska."
Huna Totem, formed in 1973, manages investments, owns income-producing properties and invests in other businesses.
Tony Carroll can be reached at firstname.lastname@example.org.
© 2016. All Rights Reserved. | Contact Us