2026 annual meeting of shareholders
The 2026 Annual Meeting of Shareholders was held on Friday, March 13, at the 8 Star Events Center in Fairbanks, AK.
This year’s annual report theme, Creating Our Future Together, reflects the vision of our future here at Doyon, Limited—where operational excellence meets the creativity, resilience, and community of our shareholders. Just as an artist or builder brings imagination to life, Doyon channels innovation and leadership into projects that strengthen our corporation and communities. Together, these efforts ensure a future built on both stability and growth.
During the meeting, five individuals were elected to serve three-year terms on the corporation’s 13-member Board of Directors. Elected to terms ending in 2029 were Kimberly Bower, Cheryl Cadzow, Shirley Cleaver, Geraldine Simon, and Orie G. Williams.
They will serve alongside continuing board members Christopher Simon, Jerry Isaac, Audrey George, Cheryl Cadzow, Walter “Wally” Carlo, Charleen C. Fisher, Ph.D., Denise Newman, Jody Potts-Joseph, and Kristi Williams. Doyon extends sincere appreciation to outgoing board member Marvin Deacon for his dedicated service and commitment. His leadership and contributions have helped shape the corporation and support its shareholders, employees, and fellow directors.
We want to hear your voice
Here at Doyon, we celebrate the uniquely outstanding individuals who make up our vibrant communities.
Ranging from dedicated leadership, to cultural mentors and veterans, our Shareholder of the Year awards recognize our family, friends, and neighbors who selflessly give all of themselves to their communities and culture.
Awards are presented at the Annual Meeting in three different categories. The categories rotate each year.
The 2026 Shareholder of the Year awards were awarded on March 13, at the Annual Meeting of Shareholders. Congratulations to this year’s award recipients:
Taniesha Moses – Chief Andrew Isaac Leadership Award
Samantha Sam – Gin’tith Richard Frank Military Service Award
Lois Huntington – Poldine Carlo Citizen of the Year
2026 Shareholder of the Year Award CATEGORIES
CHIEF ANDREW ISAAC LEADERSHIP AWARD
Recognizes an individual, age 35 or younger, who has demonstrated outstanding leadership qualities. The award is named in honor of the late Traditional Chief Andrew Isaac, who emphasized the importance of education for youth to become strong leaders of tomorrow.
GIN’TITH RICHARD FRANK MILITARY SERVICE Award
Recognizes a veteran or active duty service member in good standing from any military branch who has demonstrated strong qualities of leadership in service to our country and commitment to fellow Alaska Natives and military families. The award is named after the late Gin’tith Richard Frank who was a strong advocate for our people to serve the country.
POLDINE CARLO CITIZEN OF THE YEAR
This award recognizes a person who has demonstrated leadership, strong commitment, competence, and sensitivity in the educational and cultural survival of Alaska Natives. Recipients may be chosen for contributions in the fields of health or education, maintenance of a traditional lifestyle, or for the example they set as parents.
This award is named in honor of the late Poldine Carlo, of Nulato, devoted her life to advocating and making a difference for Alaska Native people across the state. Carlo was a founding member of the Fairbanks Native Association, and well as a consultant for the Tanana Chiefs Conference. She generously shared her traditional knowledge and wisdom, and was a mentor to young leaders to ensure the Native culture remained strong for future generations.
PROXY & ePROXY
Our shareholders live all over Alaska and the rest of the world. For many of you, traveling to the Annual Meeting is out of the question. Proxy voting ensures every shareholder voice is heard — even from thousands of miles away.
The eProxy system allows you to vote for board directors and ensures that we follow our bylaws, which require over 50 percent of our voting shares to be present for a valid annual meeting and for the election of our board.
When you give your proxy or eProxy to the Doyon proxy committee or to a voting Doyon shareholder who attends the annual meeting, your votes will be cast exactly as you wish. Voting is now open until Tuesday March 11, 2025 at 5 p.m. AKDT.
You can find FAQ’s at the bottom of this page.
Our shareholders live all over Alaska, and the rest of the world. For many of you, traveling to the Annual Meeting is out of the question. So Doyon uses an eProxy system to make sure every shareholder’s voice is heard—even from far away. Below are frequently asked questions about voting at the Annual Meeting.
Most shareholders cannot attend the annual meeting in person; therefore, Doyon uses a proxy system. Doyon’s bylaws require that more than 50 percent of voting shares be present to have a valid annual meeting to select a board of directors. Less than 3 percent of our 20,700+ shareholders show up in person at the annual meeting. To reach a quorum, most shareholders are represented by proxies. The use of proxies is not unique to Doyon. It is a business practice used throughout the corporate world where the business is owned by shareholders. If you vote by proxy and later decide to attend the meeting, you may still vote in person by registering. Registration is required to vote in person. Day-of-meeting registration will take place on Friday, March 14, 2025; 8 Star Events Center; 8 to 10 a.m.
When the Proxy Committee receives undirected votes, as part of the election rules, the votes MUST be distributed evenly to all the candidates running for the open board seats.
No. Doyon no longer uses a board-recommended slate of candidates. Over 12 years ago, at its August 2010 meeting, the board of directors voted to discontinue its use.
You can choose to have someone else vote your shares at the Annual Meeting or any adjournment thereof by identifying a shareholder on your proxy. You may also choose to have the Proxy Committee vote your shares. The committee will be responsible for voting your shares based on how you directed your votes.
If you choose to name an individual who is a member of the Proxy Committee, your shares will be voted by that individual and not by the Proxy Committee.
If the person you appoint to vote your proxy does not register at the Annual Meeting, and does not appoint a valid substitute, then the Proxy Committee will vote your proxy based on how you directed your votes.
No. By filling out and submitting the proxy card or eProxy, your vote is counted.
DIRECTED VOTING: If you cast your votes for one or more candidates on your proxy, this is directed voting.
UNDIRECTED VOTING: If you do not cast your votes for any of the candidates and leave the space blank next to all candidates on your proxy, this is undirected voting, and your votes will be voted as follows:
- If your proxyholder is the Proxy Committee, then your votes will be distributed equally among those candidates listed on the Doyon proxy card.
- If your proxyholder is an individual shareholder, then your shares will be voted as your designated proxyholder sees fit, with the power to cumulate votes.
We removed the “designate a proxyholder” option in the eProxy to address the issue of shareholders who thought they were signing their eProxy but were instead designating themselves as a proxyholder.
On previous eProxies, shareholders who directed all their votes saw the option to designate a proxyholder, even though they did not need one. This was confusing and resulted in hundreds of shareholders naming themselves proxyholders, meaning they would need to attend the Annual Meeting to vote in person.
If a shareholder names a proxyholder who does not attend the Annual Meeting, the Proxy Committee, under the rules of the election, votes the proxy as directed by the shareholder.
Shareholders who wish to direct all their votes and still designate a proxyholder may do so by completing and returning a paper proxy card. If you need a paper proxy, contact the Doyon Records Department to request one. Shareholders may then complete the paper proxy, directing their votes and designating a proxyholder.
Your vote is counted by filling out and submitting the proxy card or eProxy. Shareholders do not need to designate a proxyholder. It is important to understand that no one can change your directed votes; neither the Proxy Committee nor your designated proxyholder can change your DIRECTED votes.
Your vote is counted by filling out and submitting the proxy card or eProxy. Shareholders do not need to designate a proxyholder. It is important to understand that no one can change your directed votes; neither the Proxy Committee nor your designated proxyholder can change your DIRECTED votes.
Shareholders who wish to direct all their votes and still designate a proxyholder may do so by completing and returning a paper proxy card. If you need a paper proxy, contact the Doyon Records Department to request one. Shareholders may then complete the paper proxy, directing their votes and designating a proxyholder.
If you vote by eProxy, you may log back in at any time before the proxy deadline to change your vote. If you submit a paper proxy, you can change your vote by submitting a new paper proxy before the proxy deadline of 5:00 pm, Tuesday, March 11, 2025.
Shareholders who wish to direct all their votes and still designate themselves as proxyholder may do so by completing and returning a paper proxy card. If you need a paper proxy, contact the Doyon Records Department to request one. Shareholders may then complete the paper proxy, direct their votes and designate themselves as a proxyholder.
Those shareholders designating themselves as a proxyholder are advised to register at the Annual Meeting of Shareholders to vote their proxy in person. Registration is required to vote in person. Day-of-meeting registration will take place on Friday, March 14, 2025; 8 Star Events Center; 8 to 10 a.m.
Please note that Doyon, Limited does not have a second ballot. Therefore, there is no need to designate a proxyholder for a second ballot. Over 17 years ago, at its December 2005 meeting, the board of directors voted to discontinue its use.
Doyon’s Board of Directors felt that a candidate matrix would be an easier, at-a-glance way to see and compare each candidate’s background. In 2011, the candidate matrix was added to the annual meeting, and proxy information was sent to shareholders.
Doyon, Limited’s articles of incorporation require rural representation on the board of directors. Rural shareholders are defined in the articles of incorporation as those shareholders residing within the Tanana Chiefs Conference region but outside the Fairbanks North Star Borough. The minimum number of board seats that must be held by shareholders who reside in the rural area is determined by a formula contained in the articles of incorporation. Rural directors must hold at least 20 percent of the 13 board positions, or a minimum of three seats. Based on the current number of rural shareholders and continuing rural directors, no rural directors are required to be elected during this year’s election. However, Doyon’s board can have a higher number of rural directors.
Doyon is required by Alaska law to make shareholder names and addresses available to candidates for the Doyon board of directors. However, the information may only be used with proper safeguards. Doyon only releases the information to approved third-party vendors who print and mail or email candidate messages. Third-party vendors sign a confidentiality agreement that only allows the use of shareholder names and addresses for proxy solicitation messages sent on behalf of a candidate. Shareholder names, addresses, and email addresses are not released directly to candidates or anyone else. Doyon takes the confidentiality of shareholder information very seriously and will continue its efforts to safeguard shareholder information.
Pre-registration helps ensure a secure virtual meeting. While we understand the desire for instant access, Zoom registration provides stronger cybersecurity protections than an open-access livestream and allows us to verify shareholder status before granting entry.
Registration is available up to and including the day of the meeting, and shareholder status is verified daily during business days using shareholder records.
Yes. Virtual pre-registration remains open through the day of the Annual Meeting. Requests are reviewed and verified as quickly as possible to ensure shareholders can attend.
The eProxy platform and Zoom use different, incompatible systems.
A public livestream link, such as YouTube, is less secure and offers fewer safeguards against unauthorized access or disruptions. Zoom registration provides a more controlled and cybersecure environment while still allowing shareholders to attend remotely.
The legal language used in the registration process is standard and consistent with that used for Doyon webinars. The release is significantly more limited than the terms and conditions most users agree to when using common technologies such as smartphones or social media platforms.
The intent of the media language is not to infringe on shareholder rights during closed portions of the meeting. Doyon values shareholder engagement and takes these concerns seriously while balancing legal, technical, and security requirements for hosting a virtual event.
Virtual attendance is a critical way to ensure access. The pre-registration process is designed to balance accessibility with security and verification.
Latest Annual Meeting Updates
For more information, contact the Communications Department at
907-459-2097,
1-888-478-4755. ext. 2097, or
communications@doyon.com