¿ì²¥app Corporation Shareholders Elect Two New Directors

Over 13,000 Shareholders Elect First Descendants to Board

June 11, 2024

Left to right: Directors Glenn J. Ivanoff (Unit 3), Ron Hoffman (At-Large), Myron P. Naneng, Sr. (Unit 1) and Audrey Alstrom (Unit 2) are sworn in by ¿ì²¥app Corp. Assistant General Counsel Curt Chamberlain at the June 7 Annual Meeting of ¿ì²¥app Corporation Shareholders.

(Anchorage, Alaska) – ¿ì²¥app Corporation Shareholders have for the first time elected two Descendant Shareholders to the Board. Descendant Shareholders are Shareholders born after the Alaska Native Claims Settlement Act was signed on December 17, 1971.

The two newly elected Directors are Audrey Alstrom, representing Unit 2, and Glenn J. Ivanoff, representing Unit 3. Last year, the Board selected Ivanoff to serve as an Interim Director after the passing of former Director Robert Beans. Shareholders also reelected Myron P. Naneng, Sr. for Unit 1, and Ron Hoffman for the At-Large seat.

About 2,800 Shareholders opted to receive this year’s Annual Meeting materials electronically, saving approximately 1,800 pounds of paper.

“The ¿ì²¥app Board and management greatly appreciate all who voted this year,” said Willie Kasayulie, Board Chair. “We also extend our tremendous gratitude to former Director Dora C. Moore who demonstrated our cultural values in her service to ¿ì²¥app Shareholders and Descendants.”

The Inspector of Elections was Sramek-Hightower, a certified public accounting firm which validated and counted all votes and certified the election.

Learn more about the Annual Meeting of Shareholders

¿ì²¥app Corporation has over 37,300 Shareholders and is the parent company of more than 30 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 1994, ¿ì²¥app has provided more than $6.4 million in scholarships to its Shareholders and Descendants. Since inception, ¿ì²¥app has declared more than $141.6 million in dividends and distributions, including $11.3 million in Elders’ Benefit Program distributions to Shareholders. ¿ì²¥app can be found on , and .