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BSNC Board Selects Lee Ryan to Fill Vacant Seat

Ryan, a shareholder descendant, to serve two-year term At a special meeting held on July 23, 2013, the BSNC Board of Directors selected
Lee Michael Ryan, Vice President of Ryan Air, Inc., to fill the Board seat previously held by Martha Anagick Aarons. Mr. Ryan will serve a two-year term on the Board.

Mr. Ryan is the Chief Pilot for Ryan Air, where he has been employed since 1994. He has a bachelor’s degree in business administration from the University of Alaska Anchorage, and also attended Northern Arizona University. He was born and raised in Unalakleet, and is the son of BSNC shareholder Wilfred “Boyuck” Ryan and his wife Victoria. In 2009, Mr. Ryan was recognized by the Anchorage Chamber of Commerce and the Alaska Journal of Commerce as a “Top 40 Under 40” professional.

He currently serves as chairman of the State of Alaska Aviation Advisory Board.
“We are pleased to welcome one of our shareholder descendants to the BSNC Board of Directors,” stated Henry Ivanoff, Chairman of the BSNC Board of Directors. “Lee embodies the next generation of shareholders who will one day lead BSNC’s future growth and development. He was selected from a pool of 16 applicants, the highest number ever to apply to serve on the BSNC Board, all of whom were highly qualified.”

BSNC is an Alaska Native Corporation that was established by the Alaska Native Claims Settlement Act of 1971. It is owned by more than 7,100 Alaska Native shareholders and actively pursues responsible development of resources and other business opportunities. Through its subsidiaries, BSNC serves the federal government and commercial customers throughout the Bering Strait region, Alaska, the United States and the world.

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