Oil patch bits: Calista Corporation notes holding line leadership transition

Petroleum News

Calista Corporation's holding line specializing in construction, environmental services and engineering, Calista Brice LLC, is entering 2026 with a long-planned leadership transition.

Sam Robert Brice, the outgoing president of Calista Brice, is a third-generation leader of the Brice companies. His grandparents Luther and helenka Brice founded Brice Inc. in Fairbanks in 1961. The family-oriented Brice companies developed a reputation for taking on tough, remote Alaska construction projects with competence, reliability and a focus on local hire.

"Sam is an exceptional person and an exceptional leader in the construction industry. When Calista purchased the Brice companies in 2010, we were fortunate Sam remained in leadership. With his support, Calista Brice has grown into a $500 million company," said Andrew Guy, Calista Corp. President and CEO.

Sam is not fully retiring; for the time being, he will continue working for Calista Brice part time as an executive advisor.

For more than three years, Sam has mentored incoming Calista Brice President Stefan Rearden who previously served as chief operating officer (2024-2025) and vice president of operations (2022-2024). Stefan is a Calista shareholder who grew up in Bethel. He received a bachelor's degree in mechanical engineering and worked in the oil and gas industry -- first for BP, then Alyeska Pipeline Service Co. -- before joining Calista Brice as a senior director of special projects in 2021.

"We appreciate Stefan's deep commitment to Calista's mission, vision and values. Like Sam, he is a servant leader with an important role in supporting our business growth and career opportunities for Calista shareholders and descendants. Quyana cakneq, Sam and Stefan, for your service," Guy said.

About Calista Corporation: Calista Corporation has more than 39,100 shareholders and is the parent company of more than 40 subsidiaries in the following industries: defense contracting, construction, real estate, environmental services, natural resource development, marine transportation, oilfield services, and heavy equipment sales, service and rentals. Since inception, Calista has declared more than $166 million in dividends and distributions, including $13.7 million in Elders' Benefit Program distributions to shareholders. Since 1994, Calista Education and Culture has provided more than $6.6 million in scholarships to Calista shareholders and descendants. Calista can be found on Facebook (www.facebook.com/CalistaCorporation), YouTube (www.youtube.com/calistacorp) and Instagram (www.instagram.com/calistacorp). For more information or to schedule an interview with Calista Corporation, please contact the communications department at [email protected].