Who We Are
“Kakivik” is the Yup’ik Eskimo word for a small pouch that contains items critical to survival in the harsh Alaskan wilderness.
Kakivik’s parent company is Bristol Bay Native Corporation (BBNC). Our owners, the shareholders of BBNC, are the Eskimo, Indian and Aleut people of the Bristol Bay region of Alaska. BBNC is an Alaska Native regional corporation founded and organized pursuant to the Alaska Native Claims Settlement Act of 1971 (ANCSA). As of March 31, 2008, BBNC had 8,265 shareholders of common stock. BBNC and its shareholders own approximately three million acres of land, including surface and subsurface estate. This land is located in one of the most varied and beautiful regions of our country with breathtaking landscapes and an abundance of natural resources.
Since inception in 1971, the corporation has grown and developed its business acumen and managerial capacity. Today, BBNC’s investments include a stock portfolio, subsidiary operating companies and diversified investments. The corporation has provided thirty-two consecutive years of regular and increasing dividend distributions to its Alaska Native shareholders. The employees of Kakivik are proud of the cultural heritage of the indigenous people of Bristol Bay, our owners. We strive every day to emulate their traditions of a strong work ethic, integrity in all that we do, and support for the communities where we live and work.