| Shareholder Named
CFO of CIRI
CIRI shareholder Sophie Minich was recently named chief financial
officer of the corporation. As CFO, Minich has primary management
responsibility for the corporation’s accounting systems, financial
reporting and analysis functions, financial controls, treasury functions,
tax and tax filing matters, and shareholder financial records.
Minich, who has been a CIRI vice president since 1999, was most
recently chief operating officer of CIRI Alaska Tourism Corporation.
She joined CIRI’s accounting department in 1993 and served
as the director of accounting from 1998 to 1999.
Minich replaces Craig Floerchinger, who served as CFO of the company
for 11 years. He resigned in April to pursue personal business opportunities.
June Dividend Announced.
The CIRI Board of Directors declared a 2003 second quarter dividend
of $7 per share. Shareholders with 100 shares of stock will receive
a second quarter 2003 dividend of $700. This amount represents taxable
income to shareholders. Checks will be mailed or deposited directly
into accounts on Monday, June 30. A voucher will be mailed showing
the amount for those participating in direct deposit.
CIRI encourages shareholders to take advantage of direct deposit
for distributions because it safeguards against misplaced, lost,
or stolen dividends. The deadline to sign up for direct deposit
for the 2003 second quarter distribution is 3 p.m., Monday, June
2.
Shareholders are also encouraged to keep a current address on file
with the Shareholder Relations department, even if participating
in direct deposit. For those not participating in direct deposit,
payments are mailed to the address on record, and cannot be picked
up at the CIRI office. Filing a forwarding request with the post
office only forwards mail for a limited time. In order to change
the address on stock records for future mailings, shareholders must
also send a signed address change to CIRI. Please include a current
telephone number along with an address change. The deadline for
address changes for the second quarter distribution is 3 p.m., Wednesday,
June 18.
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