Message to Shareholders
Happy New Year! I hope everyone had a great start to the new year celebrating with friends and family. With the sense of revival and renewal that comes with each new year, I think of our upcoming annual meeting taking place in March. “A Dynamic Force,” the theme for this year’s annual meeting, is an accurate description of our businesses and the employees that work hard to make a positive impact on the company’s success.
Five director seats are up for election at the annual meeting. Based on the current and expected number of shareholders, two of the five candidates elected are required to be rural shareholders. Rural is defined in the Articles of Incorporation as those shareholders residing in the Tanana Chiefs Conference region, but outside the Fairbanks North Star Borough. The list of candidates for this year’s election can be found in the “Meet the 2017 Board Candidates” article in this newsletter. Candidate videos are also posted on Doyon’s website at www.doyon.com.
In August 2016, the board of directors voted to make a change to the election process. In response to shareholder concerns, Doyon will no longer release the number of proxies proxyholders are assigned. This means the number of votes for any candidate will not be known by anyone, including Doyon management, until final results are presented at the annual meeting. Voter pre-registration will still take place the day before the annual meeting, Thursday, March 16, 2017, from 10 a.m. to 3 p.m. at Doyon. At the same time, proxyholder names will also be available. Any challenges to proxies can be made to the Inspector of Elections from 8 a.m. – 11 a.m. on the day of the annual meeting, Friday, March 17, 2017, in Fairbanks.
With the annual meeting in mind, I would like to remind everyone of the importance of voting in the annual board election. By now, you should have received your proxy card and annual meeting materials in the mail. The easiest way to vote is by using the eProxy system. It can be accessed at https://eproxy.doyon.com. Instructions on how to vote your eProxy can also be found at www.doyon.com, including an instructional video that shows how to navigate the system step-by-step. It is our responsibility as shareholders to make our voices heard through the election of our leaders. Please make sure to vote your proxy or eProxy by the early bird deadline, Friday, February 17, 2017, to be eligible for $13,000 in early bird prizes and an additional $8,000 in prizes at the annual meeting.
I look forward to seeing many of you at our annual meeting. I wish you and your loved ones a successful 2017.
Aaron M. Schutt
President & CEO