CIRI Vice President Sophie Minich was recently named chief operating officer of CIRI's tourism subsidiary CIRI Alaska Tourism Corp. In this new capacity she will assume responsibility for CIRI's Alaska tourism operations, including the Talkeetna Alaskan Lodge, Seward Windsong Lodge, Kenai Fjords Tours, Prince William Sound Cruises & Tours, and the Anchorage RV Park. Minich, a shareholder who has been employed with CIRI since 1993, most recently oversaw CIRI's administration department. Prior to being promoted to a vice president in 1999, Minich served as CIRI's director of accounting.

Sophie Minich CIRI Vice Presiden

CIRI Vice President Dennis Brandon remains president of CIRI Alaska Tourism Corp., with responsibility for oversight of CIRI's Lower 48 resort investments including the Hyatt Regency Lake Las Vegas Resort, The Ritz-Carlton Lake Las Vegas, and The Westin Kierland Resort in Scottsdale, Ariz. In addition, he will be responsible for strategic planning and new business opportunities.

Board Declares Third Quarter Dividend

At its August board meeting, the CIRI Board of Directors declared a 2002 third quarter dividend of $7.00 per share, or $700 per 100 shares. This amount represents taxable income to shareholders.

Checks will be mailed or directly deposited into accounts on Monday, Sept. 30. A voucher will be mailed showing the amount for those participating in direct deposit. Dividend checks are mailed to the address CIRI has on record and cannot be picked up at the CIRI office.

Shareholders who have their dividends directly deposited into their bank accounts need to make sure that their payments are not being deposited to closed or incorrect bank accounts. To sign up for direct deposit for future distributions, download the direct deposit form from the CIRI web site at: www.ciri.com.

Do you have a question or comment regarding CIRI, its non-profit affiliates or subsidiaries? If so, submit them along with your name, address and telephone number to CIRI Shareholder Relations for a timely response. On occasion, questions may be selected to appear in the Shareholder Update.

CIRI
PO Box 93330
Anchorage, AK 99509-3330
E-mail: webmaster@ciri.com

Previous Article | Top | Next Article | Return to the list of newsletters