Koniag Incorporated CEO Elizabeth Perry will resign effective December 2017, and board Chairman Ron Unger will serve as interim CEO. Shauna Hegna has been named the company’s president.

Unger will serve as Interim CEO for the next two years and remain as board chairman. In his role, he will oversee lower 48 subsidiary operations from his office in North Carolina. 

According to a press release from the company, he successfully led Koniag’s financial turnaround as interim CEO four years ago. Hegna will lead Alaska operations. The company says  that having been born in Port Lions, she understands the Koniag region, Alaska in general and the Alaska Native community.

“While we are disappointed that Liz is unable to continue as CEO, Koniag’s executive team and I, with our diverse board and devoted staff, have made a dynamic and successful team,” said Unger. “I’m inspired by our shareholders, our employees and the opportunities ahead of us.”

Koniag was incorporated in 1972 as one of the 13 Regional Corporations formed pursuant to the Alaska Native Claims Settlement Act. 

With revenues of $270 million in fiscal year 2017 and assets of $170 million, the corporation operates businesses throughout the U.S., including government contractors, service firms, and technology product companies. 

“This company is on track for the coming years and has high expectations, Perry said. “I am proud of what the Koniag team has accomplished together. Leaving Koniag is bittersweet as its employees and shareholders have become my second family over my nearly four years as CEO.” 

Perry has accepted a position leading a nonprofit organization in the Southwest, which is closer to her family. She plans to continue spending significant time in Alaska.

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