Gov Names Binkley To P.F. Board
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- Created on Wednesday, 05 February 2025 13:02
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By JAMES BROOKS
Alaska Beacon
Alaska Gov. Mike Dunleavy has named longtime Republican politician and businessman John Binkley to an open seat on the board that controls the $80 billion Alaska Permanent Fund.
The six-person board has been operating with five members since July, when board member Ellie Rubenstein resigned after leaked emails suggested that corporation staff felt pressured by Rubenstein to make certain investments.
Binkley, Rubenstein’s replacement, has served as a state senator, state representative, and unsuccessfully ran for governor in 2006.
The Binkley family is extensively involved in tourism within the Fairbanks area and owns the Anchorage Daily News. In 2020, Binkley served as chair of the state legislative redistricting board.
The Permanent Fund Corp.’s board of trustees is scheduled to meet Feb. 12 in Juneau.
An annual transfer from the fund to the state treasury accounts for more than half of the state’s general-purpose revenue, used for services and the annual Permanent Fund dividend.
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20 YEARS AGO
March 2005
The Department of Fish and Game called a co-op opening today to catch the 1,000 tons remaining in the Sitka Sound sac roe herring fishery. This year’s quota is 11,192 tons, with 51 permit holders taking part.
50 YEARS AGO
March 1975
Gov. Jay Hammond has named two Sitkans to state boards, Rep. Dick Eliason told the Sentinel from Juneau. August Andersen was appointed to the Alaska Board of Education, and Clint Buckmaster was named to the Alaska Board of Fish.
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