July 15, 2014
Calista Corporation Announces Annual Meeting Results
(Anchorage, Alaska) - Calista Corporation announced today the results of the 2014 Annual Meeting of Shareholders, held July 12, 2014, in Kalskag, Alaska. Nearly 6,200 proxies were received with more than 450 of these cast online. Shareholders voted on the election of four board directors and one advisory resolution. A total of 55 percent of all outstanding shares were cast in person or by proxy for this meeting.
Within each Administrative Unit, the candidate receiving the largest number of votes cast is the elected director. Directors serve three-year terms. The elected directors are as follows:
- Margaret Pohjola was releected for Administrative Unit 7
- Willie Kasayulie was reelected for Administrative Unit 8
- Newly elected for Administrative Unit 9 was Earl Samuelson, Sr.
- Leslie R. Hunter, Sr. was newly elected for Administrative Unit 10
Additionally, there was one advisory resolution. Advisory resolutions are non-binding. The level of support for an advisory resolution is considered by the Board in evaluating the proposed action of the resultion. The advisory resultion and result was:
Replace Administrative Unit Selection of Board Members (147,394 in favor; 284,785 opposed)
"Calista wishes to thank all the Directors, past and present, that have served the Corporation," said Calista Corporation Board Chairman Willie Kasayulie. "Calista is more than an organization; Calista is comprised of and representative of people with ties to the Calista Region. The Corporation will succeed as a business as we maintain connection with our values and traditions."
2014 marked the first year electronic online proxy voting was an option for Shareholders. Shareholders were able to vote online using their personal computers, tablets or smartphones.
The second largest of the original 13 Alaska Native Corporations, Calista Corporation was established under the Alaska Native Claims Settlement Act of 1971 and represents more than 12,000 Shareholders. The Calista Region encompasses more than 6.5 million acres and includes 56 villages, which are incorporated into 46 individual village corporations. Since 1994, Calista has provided more than $3.5 million in scholarships and since inception more than $27.6 million in dividends and Elders' Benefit Program distributions to its Shareholders and Descendants.
Calista Corporation is the parent company of more than 35 subsidiaries in the following industries: military defense contracting, construction, communications, real estate, environmental and natural resource development, and information technology and media services. Calista can be found on Facebook and Twitter. If you would like more information or to schedule an interview with Calista Corporation, please contact communications manager Thom Leonard at 907-279-5516 or tleonard at calistacorp (.) com.