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March 2012

Vol. 17, No. 13 Week of March 25, 2012

Oil Patch Bits: Doyon Ltd. board members elected at annual meeting

Doyon Ltd. said March 16 that at its annual meeting of shareholders, four incumbents were re-elected to Doyon’s 13-member board of directors. Elected were Michael Fleagle, Jennifer Fate, Christopher Simon and Walter “Wally” Carlo. Each seat is for a three-year term, ending in 2015.

The re-elected members join existing board members Andrew Jimmie, Georgianna Lincoln, Josephine Malemute, Esther McCarty, Victor Nicholas, Cheryl Silas, Teisha Simmons, Orie G. Williams and Miranda Wright. All board members are Doyon shareholders.

In addition to the board election, shareholders at the annual meeting also heard reports from the current board and management on Doyon’s FY 2011 performance, current initiatives and corporate goals.

Headquartered in Fairbanks, Alaska, Doyon is one of the regional Native corporations set up under the Alaska Native Claims Settlement Act of 1971 and is one of the top 10 Alaskan-owned businesses in the state. It is the largest private landowner in Alaska, with more than 12.5 million acres allocated to the corporation under ANCSA. The company currently has 18,500 shareholders and 2,500 employees across the state and country.

Doyon’s mission is to continually enhance its position as a financially strong Native corporation in order to promote the economic and social well-being of its shareholders and future shareholders, to strengthen its Native way of life, and to protect and enhance its land and resources.






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