Shee Atiká Director Alysha Guthrie is accepting a position in Sitka to work on economic development opportunities. We anticipate she will make an announcement with specifics when she is ready. We are excited for her new endeavor; however, because Alysha no longer meets the qualifications set by Shee Atiká’s Bylaws to serve as a director of Shee Atiká her former seat is therefore now vacant.
Alysha shared, “It has been an honor and a privilege to serve for shareholder interest the past five years. We have accomplished some amazing things that five years ago we didn’t think possible. I’m proud to have served through some major transitions and look forward to continuing to see the fruits of our labor for the benefit of us all. Thank you, shareholders, for the opportunity.”
“Ms. Guthrie’s presence in the boardroom will be deeply missed. Her dedication, preparedness, and commitment to advancing the interests of our shareholders have been invaluable. On behalf of the board of directors, I extend our heartfelt gratitude for her contributions and wish her the very best in her future endeavors,” said Chairman Steve Karpstein.
Shee Atiká’s Board is committed to an open and transparent process to fill the vacant Board seat and encourages any interested shareholders with voting stock to apply once the application period opens. The present plan is that shareholders can apply beginning after the 2025 Annual Meeting to fill the vacant director position with an appointment later this summer so that the new director can be in place as soon as possible. The new director will be appointed to serve until the annual meeting in 2026, when Ms. Guthrie’s term would have otherwise ended.
This vacancy will not impact the ongoing election to fill three seats on the Shee Atiká board. Since this development occurred after all election materials were distributed to shareholders, adding a fourth position to this year’s election process would require revising and redistributing the proxy statement and proxy, which would incur significant costs. To avoid this expense, the Board will appoint a shareholder to fill the vacant seat. As the remaining term for this position is less than a year, the appointed shareholder will need to stand for election again next year.
Please watch this website for further announcements concerning the process to fill the vacant director’s position.