November 7, 2012
Calista Corporation Board of Directors Reinstates Andrew Guy
Guy Will Continue To Serve As President/CEO
(Anchorage, Alaska) –
Days after its annual meeting of Shareholders, the Board of Directors voted to reinstate Andrew Guy as President/CEO of Calista Corporation. The decision was made at a special board meeting held on November 7.
Earlier in the year, the Board placed Andrew Guy on administrative leave pending an investigation. The reasons for the investigation are confidential. However, the newly formed Board reviewed the investigative report and found no merit to any allegations or complaints. As a result the Board immediately called Mr. Guy back to his former position with full authorities and prerogatives.
“As a result of the work of our dedicated and focused employees, Calista Corporation continues on a successful business path, matching or exceeding revenues and operating income compared to the same period last year,” President/CEO Andrew Guy said. “We need to focus on continuing to fulfill our ANCSA-directed obligations to both our Shareholders and our region.”
The Board also appointed Officers in compliance with the Corporation’s ByLaws. The Chair is Willie Kasayulie; the Vice-chair is George Guy; Margaret Pohjola will serve as Secretary; and new Director Marcie Sherer was selected as Treasurer.
The 38th Annual Meeting of Shareholders was held on November 3, 2012. Up for election were four Director seats. The Shareholders re-elected Michael Akerelrea for Unit 1; re-elected JoAnn Jorgensen Werning for Unit 2; elected Robert L. Beans as the new Director for Unit 3; and elected Marcie Sherer as the new Director for the At-Large seat. Each will serve a three-year term. The Directors continuing their terms are George Guy for Unit 4; William Igkurak for Unit 5; John P. Angaiak for Unit 6; Margaret Pohjola for Unit 7; Willie Kasayulie for Unit 8; Robert Hoffman for Unit 9; and for Unit 10 Art Heckman.
The second largest of the original 13 Alaska Native corporations, Calista Corporation was established under the Alaska Native Claims Settlement Act of 1971 and represents over 12,000 Shareholders. The Calista region encompasses over 6.5 million acres and includes 56 villages, which are incorporated into 46 individual village corporations. Since inception, Calista has provided more than $3.2 million in scholarships to its Shareholders and Descendants and more than $17.4 million in Shareholder dividends and distributions.
Calista Corporation is the parent company of 15 subsidiaries, providing services ranging from telecommunications and marketing to construction and facility management. Calista can be found on Facebook (www.facebook.com/calistacorp) and Twitter (http://twitter.com/calistacorp).
Calista Corporation Board Directors and staff gather outside the corporate headquarters to celebrate President/CEO Andrew Guy’s reinstatement.