Kodiak Daily Mirror - Afognak Native taps Hambright as CEO further diversification seen
  
Afognak Native taps Hambright as CEO, further diversification seen
by Peter J Mladineo
May 07, 2014 | 229 views | 0 0 comments | 15 15 recommendations | email to a friend | print
Greg Hambright
Greg Hambright
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The Afognak Native Corporation named technical services whiz Greg Hambright as its new CEO, a move that will see the company leveraging its government services prowess to grow the business while diversifying its portfolio.

Hambright, 53, was senior vice president of technical services for Afognak’s largest wholly owned subsidiary, Alutiiq, L.L.C. in Huntsville, Ala. Afognak Native Corporation was organized in 1977 through the merger of two ANCSA village corporations:

Port Lions Native Corporation and Natives of Afognak, Inc.

According to its website, Afognak is governed by a nine member board and owns 160,000 acres of land in the Kodiak Archipelago, primarily on Afognak Island, and roughly 20 operating companies.

During that tenure, he guided the growth of Alutiiq’s technical services division into a high-performing and stable international business model. It is now one of Alutiiq’s most successful business lines.

“I am very excited about the promotion,” Hambright told the Mirror. “I’ve been with the company for a little over 10 years. And the group that we built in the the engineering and IT component of Alutiiq has been one of the most, if not the most profitable, on a percentage of revenue basis, divisions in the company.”

Afognak and its main subsidiary Alutiiq L.L.C. have major business units in construction, engineering and IT, emergency management services, protective services, access control systems, security, operations logistics and other businesses.

Further diversifying Afognak’s portfolio will be one of Hambright’s objectives. Gerad Godfrey, director of corporate affairs for Alutiiq noted that the company is starting to experience “some success” on diversification initiatives and is “becoming less-reliant on a huge percentage of our revenue coming from government contracting.”

“Our portfolio within the government has a lot of capabilities that I intend with the management team to extend into the commercial marketplaces where it makes sense,” said Hambright. His resume in technical services can help the company leverage its government services footprint with new contracts in other areas. Case in point: Alutiiq L.L.C. just brought home a $10 million contract in professional protective service support with Airbus manufacturer EADS.

“We know how to grow a business and we know how to take advantage of our government business space,” said Hambright. “There is going to be quite a bit of work to be done in trying to figure out how to continue to grow our business. We’ve got a good management team and we’re all excited about getting on with the work to be done.”

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