Governor names new Permanent Fund trustee to replace Ketchikan banker
June 22, 2022
Gov. Mike Dunleavy has appointed a philanthropist-businesswoman to the six-member board of trustees of the Alaska Permanent Fund Corp., which manages the $79 billion investment account that pays for a huge share of public services and the annual dividend to Alaskans.
Lawmakers and Dunleavy’s critics have been closely watching the corporation’s board in recent months, after members voted in December to fire its former chief executive, Angela Rodell. That move came amid disagreements over the fund’s management, and how much lawmakers can sustainably spend from the account each year.