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Distinguished, long-time Juneau State Rep. Bill Hudson was selected by Governor Murkowski to serve a four-year term on the Alaska Permanent Fund Corporation (APFC) Board of Trustees. Hudson served for 14 years in the Legislature, and worked very hard right down to his final days in office to find solutions to the state's fiscal problems. The announcement was made at the annual meeting of the Permanent Fund Corporation in Anchorage on Wednesday night.
Hudson was one of the most respected and well-liked legislators on the hill. He was known as an effective consensus builder and recognized as the founder of the bipartisan Fiscal Policy Caucus.
Hudson's familiarity with the Alaska Permanent Fund dates back to Governor Hammond's administration when the fund was conceived. Over the years he was directly involved in many decisions regarding the management and preservation of the fund. Hudson's broad experience, integrity, vision, and deep and abiding interest in the well being of all Alaskans makes him an ideal choice for the permanent fund board.
Hudson will assume the trustee seat formerly occupied by another prominent Juneau political figure, Clark Gruening. Gruening is a former Juneau legislator and one of the original architects of the fund concept. He served for eight years on the Board of Trustees and held the office of Chairman of the Board from 1999 through 2001. At the annual meeting the governor honored Gruening for his service to the state.