ALASKA'S NEWSPAPER

| Updated: 8:20 PM

Inside Alaska business

Parnell talks budget to local chamber

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Gov. Sean Parnell will release details of his administration's 2010 state budget to the Anchorage Chamber of Commerce Monday. The presentation begins at noon at the Dena'ina Convention Center.

Call 272-2401 or register online at www.anchoragechamber.org.

Gas authority board invites public input

The Alaska Natural Gas Development Authority will hold a board meeting at 9 a.m. Monday at 411 W. Fourth Ave., first floor. The agenda includes discussion of current and upcoming contracts and projects.

The public is invited to participate in person or by calling 800-315-6338. When asked for the pass code, enter 2020#, then follow the instructions provided. A time for public comment will be made available during the meeting.

Bering Straits names new chief executive

Bering Straits Native Corp. has promoted Gail Schubert to chief executive.

Schubert has been executive vice president and general counsel of the Nome-based regional Native corporation since 2003, the company said. She has been a board member since 1992.

Schubert is succeeding Tim Towarak, who has led the company since 2000 and who announced the promotion "as part of our transitional leadership change as I prepare to retire as an officer within the next few years.

"She has excellent judgment and leadership skills," Towarak said.

During Towarak's tenure, Bering Straits' annual revenue ballooned to $162 million from $9 million and the company branched heavily into federal contracting. The company, in a joint venture with Neeser Construction Inc. of Anchorage, recently won a contract to build a Norton Sound Regional Hospital in Nome.

Before joining Bering Straits, Schubert was a lawyer in Anchorage for 10 years. Earlier, she worked at Wall Street firms and had a stint with the Federal Reserve Bank of New York, Bering Straits said.

She is originally from Unalakleet. She has an undergraduate degree from Stanford University, and a master's in business and a law degree from Cornell University.

She is on the board of the Alaska Federation of Natives, the Alaska Native Heritage Center, the Alaska Native Justice Center and the Alaska Retirement Management Board, Bering Straits said.

Bering Straits has about 6,300 shareholders. It includes the villages of Brevig Mission, Council, Diomede, Golovin, King Island, Koyuk, Mary's Igloo, Nome, Shaktoolik, Shishmaref, Solomon, St. Michael, Stebbins, Teller, Unalakleet, Wales and White Mountain.

Besides federal contracting, the company is involved in real estate management and development, tourism, construction, mining services and sales of rock and aggregate.

Inspected school buses net certificates

Forsythe Transportation recently earned certificates for Best Maintained Large and Medium Sized School Bus Fleets from state school bus inspectors, the company said. Forsythe runs buses for the Anchorage School District. By law, all school buses in Alaska must undergo maintenance inspections twice a year. The statewide school bus awards were given for the fall 2009 inspection, the company said.

-- Anchorage Daily News/www.adn.com

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