How to Become a Shareholder Participation Committee Youth Representative
Youth who are interested in serving as an SPC youth representative must either be a CIRI shareholder or confirmed, registered descendant, 13 to 17 years of age, and must submit (a) an application, (b) a letter of introduction, (c) a reference letter and (d) a short essay explaining why they want to serve as a youth representative and what they know about CIRI and their Alaska Native heritage. To be considered, completed application packets must be received by CIRI Shareholder Relations on or before 5 p.m. Alaska Daylight Time on the second Wednesday of August. Completed packets received by the specified deadline are reviewed by a selection committee and winners contacted. Packets received after the deadline and those received from youth who are not selected will be kept for consideration in subsequent years. Accordingly, it is not necessary to apply more than once; however, it is necessary that the contact information be kept up-to-date.
How to Become a Shareholder Participation Committee Member
Interested shareholders must return a completed application to CIRI by an annually announced deadline, which includes explaining why they wish to become members and describing the qualities or skills they possess that they believe would be beneficial to serving. Applications are typically included in CIRI’s first proxy mailing in mid- to late-April, and must be received no later than the day of that year’s Annual Meeting of Shareholders.
Members generally serve staggered, three-year terms that begin at the time of selection and expire at the Annual Meeting three years later. The three committees represent shareholders living in Anchorage, in Alaska outside of Anchorage, and in the Lower 48 states and Hawaii. Each committee consists of nine voting shareholders who: 1) are at least 18 years of age; 2) have access to a telephone and email; 3) have not been convicted, as determined by a court of competent jurisdiction, of a felony within five years of applying to serve; and 4) have not been found, as determined by a court of competent jurisdiction, to have engaged in fraud or illegal business practices, or to have breached a confidentiality agreement with the corporation. CIRI directors, management staff and their immediate family members (i.e., husband, wife, mother, father, sister, brother, children) are not eligible to serve on a committee, nor are CIRI employees or directors and management staff of CIRI subsidiaries or non-proﬁt afﬁliates. Former members must typically wait six years before being eligible to serve again.
Completed applications returned by the deadline are reviewed and new members selected shortly after the Annual Meeting. If you are selected, you will be contacted to confirm your interest in serving and provided with additional information about your committee. When selecting new members, wherever possible, CIRI gives consideration to align the composition of the committee with its shareholder demographic.
The names of new and continuing SPC members are announced in the CIRI newsletter and on CIRI’s website.