Aang Unangax̂ Family,
It’s been a busy winter for our Corporation, and I am pleased to share our direction as we start the new fiscal year.
In January, I presented TAC’s Strategic Plan to the Board of Directors, outlining our vision for TAC’s future. Last year my priority was assessing the state of the Corporation, implementing critical changes, and setting new goals. Now our focus is on sustainable growth, business development and regional development.
One area of focus in business development is balancing our companies’ portfolios, so they are not as dependent on 8(a) contracts. We’re working with our subsidiaries to diversify into new lines of business. By leveraging our entire family of companies, we can utilize our subsidiaries’ strengths when pursuing new opportunities. As you know, we are stronger together.
Regional development is a top priority for our Board and our shareholders. TAC is recruiting a shareholder or registered descendant for VP of Regional Affairs. This new position will be dedicated to strengthening relationships with our village corporations, tribal entities, and non-profits, as well as facilitating opportunities where we can partner together to provide innovative economic solutions for our region.
Continuing our success with a federal grant award to rehabilitate Pier 5 in Adak, TAC will continue to pursue grant opportunities to develop renewable energy in our region and clean-up our contaminated lands. We have created a Lands Department at the corporate level as part of our commitment to being good stewards of our land and resources. We are carefully and cautiously moving forward with responsible and sustainable mineral exploration activities.
Chair Nelson will share several exciting shareholder initiatives and updates in her letter. As we close out this fiscal year and look ahead to next year and many years beyond, I am honored to serve you as President & CEO of our Corporation.
Qaĝaasakung,
Skoey Vergen
President & CEO