Dr. Kenneth Cameron has announced that will retire as president and CEO of Shee Atiká Corp. effective Dec. 31, 2019, Shee Atika board chair Pamela Steffes announced today.
Steffes said the board will begin the recruitment process for Cameron’s replacement early in 2019 to allow for a smooth transition in the leadership of the corporation. Shee Atika is the Sitka urban corporation created under the Alaska Native Land Claims Act of 1971w.
Since the mid 1980s, Cameron has been a director, chairman, president and chief operating officer of the corporation, Steffes said.
“Ken will be very much missed when he retires Dec. 31, 2019,” Steffes said in a statement announcing Cameron’s retirement. “Ken was instrumental in Shee Atiká’s key achievements over the past three and a half decades.”
The statement listed as notable events during Cameron’s years with the corporation were the net operating loss (NOL) transactions with Quaker Oats and Drexel; the formation of Atikon and the related timber sale; the repayment of millions of dollars in debt that was incurred in the earliest years of Shee Atiká; the establishment and growth of Shee Atiká Fund Endowment (SAFE); the long-term negotiations with the State and Sealaska to obtain road access to Shee Atiká’s 3,000 acres at Katlian Bay; the sale of Cube Cove; the development of Alice Island; the State’s acquisition of Charcoal Island to expand the Sitka airport; and obtaining Congressional legislation to provide highly favorable tax treatment for SAFE and other Alaska Native Settlement Trusts.
