GOTNV Update: Vote in the Upcoming Board Election
The United States just witnessed an unprecedented show of power at the polls during the Senate election of Doug Jones in Alabama. This same showing of the power of the vote can be expressed at the upcoming Doyon, Limited annual meeting. Quorum, which is defined as 50 percent plus 1 vote of all eligible voting shareholders, must be received by the annual meeting date of March 16, 2018, in order to hold an annual meeting and elect new board members. Over the years, voting numbers have been consistently dropping; in 2017, final quorum was 57.25 percent, which was more than 2 percent lower than the previous year’s final quorum count of 59.33 percent.
Voting in the annual board election begins January 24, 2018, and will conclude on March 16 at the annual meeting in Fairbanks. Shareholders who vote online by eProxy by the February 16 early bird deadline will be eligible for all cash prize drawings, which total $21,000.
Historically, Doyon’s super voters are age 50 and older. Those who have been least likely to vote in the past are between the ages 18-39 years old. In addition, shareholders who live in rural communities are more likely to vote than those located elsewhere. With that in mind, it is important to realize that the board of directors represents all shareholders and it is important for all shareholders to cast their votes for the candidate(s) they deem most qualified.
The Doyon board is responsible for making major transactional decisions, such as investments, distribution amounts and selecting Doyon’s president and CEO. Doyon has nearly $850 million in total assets and 12.5 million acres of land. Shareholders have a lot at stake – to gain and lose.
Decreased voter turnout could indicate that there is a lack of interest in the corporation, which makes it difficult to operate and plan for the future. Remember, this is your regional corporation and it is the responsibility of each shareholder to ensure success of the corporation.
There are several ways to stay involved, including reading the monthly Doyon e-newsletter, following Doyon on social media and attending Doyon events such as the back-to-school fair, Dialogue with Doyon gatherings, the annual meeting and more.
Get Out the Native Vote (GOTNV) is a nonpartisan effort between Doyon, Limited, Fairbanks Native Association, Tanana Chiefs Conference, Interior Regional Housing Authority and community volunteers to engage Alaska Natives, shareholders and tribal members in voter participation. To volunteer for GOTNV, make a suggestion or for more information, please email email@example.com.