Alaska Business Insider : Towarak steps down as Bering Straits president; Schubert gets added duties

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Towarak steps down as Bering Straits president; Schubert gets added duties

Posted by businessinsider

Posted: December 14, 2010 - 1:47 pm

From Bill White --

Nome-based Bering Straits Native Corp. has promoted Chief Executive Officer Gail Schubert to president and CEO.

The company presidency came open when Tim Towarak resigned to avoid any conflict of interest with his new position as chairman of the Federal Subsistence Board, the company said.

Schubert has been chief executive since last December. Before that, she was executive vice president. She also has been on the Bering Straits board since 1992, the company said.

Towarak has led Bering Straits since 2000 and presided over revenue growth from $9 million annually to about $190 million now. Much of the growth has come from federal contracting. It also is involved in real estate management and development, tourism, construction, mining services and sales of rock and aggregate.

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