Aleut Corporation CEO Hops Over to Eyak Corporation
Eyak, the Alaska Native village corporation for Cordova, is replacing their outgoing longtime CEO with one plucked from a Native regional corporation. Thomas Mack is the new Chief Executive Officer of The Eyak Corporation (TEC), upon Rod Worl’s retirement March 1. Mack previously worked with The Aleut Corporation, first as president and the last four as CEO.
“I am humbled and honored to build on what Rod Worl, the board, and staff have built at TEC,” Mack says. “My goals will be to continue building new opportunities and increasing benefits for our present and future shareholders. TEC is well-positioned for a strong future, and I am grateful for the chance to be a part of it.”
Mack was raised in King Cove and is a shareholder of the local village corporation there and of The Aleut Corporation. Under his stewardship, The Aleut Corporation grew to a 273-million-dollar company with seven business lines, thirty-one subsidiaries, and more than one thousand employees.
Mack holds a Master of Business Administration degree from Alaska Pacific University.
Under Rod Worl’s 17-year leadership, TEC expanded shareholder dividends and distributions, established an Elder dividend, and diversified the company’s investments.
“TEC is a strong, stable corporation, and we are fortunate to have Thomas joining us,” says Eyak board chair Jim Ujioka. “The board of directors is grateful to Rod for extending his tenure to ensure a smooth transition when we found the right fit for our corporation. We are confident that Thomas is the right fit for TEC, and we wish Rod the best in his retirement.”
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