Seasoned corporate executive Thomas Mack will join The Eyak Corporation in March 1 as its new chief executive officer, filling the post left by the retirement of Rod Worl.
Mack, who was raised in King Cove, was previously with the Aleut Corp. for 15 years, first as president and the last four years as president and CEO.
Under Worl’s leadership, TEC had boosted shareholder dividends and distributions, established an elder dividend, and diversified the company’s investments.
“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.”
TEC board chair Jim Ujioka expressed the board’s gratitude to Worl for extending his tenure to ensure a smooth transition once his successor was found.
Mack is a shareholder of the King Cove Corp. and the Aleut Corp. He holds a master of business administration degree from Alaska Pacific University and serves in volunteer board positions on the Arctic Economic Council and the Resource Development Council for Alaska.
Under his leadership the Aleut Corp. grew to a $273 million firm with seven business lines, 31 subsidiaries and over 1,000 employees.
The Eyak Corp., a for profit village corporation formed under the Alaska Native Claims Settlement Act, is one of five village corporations within the Chugach region. The company offers a wide range of project management, construction and facility staffing services through its subsidiaries.