Dear Shareholders & Descendants,
2023 has started at a full sprint. I’d like to take this opportunity on behalf of TAC’s Board of Directors to say thank you. We had a wonderful turnout at the 50th Annual Meeting and we appreciate all your questions, comments, and participation. Included in this newsletter is a recap of those questions for our shareholders who couldn’t attend. We took to heart the comments about establishing a Settlement Trust, and we have an update to share. Please read about it in the Annual Meeting Q&A on page 4.
The Board met with TAC Management to review and discuss short- and long-term priorities for the Corporation. Looking ahead, TAC has developed a comprehensive strategic plan that outlines an ambitious and innovative vision for the coming years.
Skoey discussed a few of those initiatives in his letter, and I am excited to share more about TAC’s shareholder opportunities.
TAC’s internship program has transitioned over to The Aleut Foundation. TAC will continue to work closely with TAF for recruitment. TAC will better leverage its internal resources, like the talent bank, TAF scholarship pools, and descendant databases, to find and recruit shareholder and descendant talent.
TAC not only wants to increase the number of shareholders in our entry- and mid-level positions, but in the next two years, we want to increase the number of shareholders in executive and leadership positions by 5%. And we want to see that number continue to grow from there.
We are really excited to announce a new endeavor to support shareholder-owned businesses. This initiative is still in the infancy stage, but TAC Management’s goal is to establish a formalized application process within the next few years where shareholders can apply for a financial award. Stay tuned for more details.
TAC staff is hard at work preparing for our upcoming Shareholder Informational Meeting in San Diego. We look forward to seeing our Southern California shareholders.
On behalf of the TAC Board of Directors, Qaĝaasakung for your support.
Sincerely,
Jenifer Nelson
Chairman of the Board