The Eyak Corporation (TEC) is excited to announce Thomas Mack as its new Chief Executive Officer (CEO). Previously, Mack worked with The Aleut Corporation for fifteen years, first as President, and the last four as President and CEO.
"I am humbled and honored to build on what Rod Worl, the Board and staff have built at TEC," Mack said. "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 will replace outgoing CEO Rod Worl, who announced his retirement in early 2021 after 17 years with the corporation. Under Rod's 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," said 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."
Mack was raised in King Cove, Alaska, and is a shareholder of the King Cove Corporation and The Aleut Corporation. He holds a Master of Business Administration from Alaska Pacific University and serves in volunteer board positions on the Arctic Economic Council and the Resource Development Council. Under his stewardship at The Aleut Corporation, the company grew to a 273-million-dollar company with seven business lines, thirty-one subsidiaries, and more than one thousand employees.
Mack will begin his new role on March 1, 2022.
