Angela Rodell, the former director of the Alaska Permanent Fund Corp., is blaming her abrupt dismissal on “political retribution” by appointees of Gov. Dunleavy:
Angela Rodell, CEO of the Alaska Permanent Fund Corp., talks to the corporation's board of trustees on Tuesday, May 20, 2021 during a quarterly meeting in Juneau.
“I believe my removal to be political retribution for successfully carrying the board’s mandate to protect the fund and advocate against any additional draws over the POMV spending rule ... which is contrary to Governor Dunleavy’s agenda,” she said inThat committee oversees Permanent Fund Corp. operations and has scheduled a fact-finding hearing Monday.
Republican, Democratic and independent lawmakers have said they are concerned that Rodell’s firing — which came after the Permanent Fund’s best year on record — is a sign that the apolitical fund is becoming politicized. “The director’s relationship with the board is soured,” an unidentified board member wrote. “Information that comes to the board is controlled and manipulated, board goals are sometimes ignored or even undermined, and a number of trustees in recent years have lost trust in her veracity and leadership.”
“Consistent with the Alaska Open Meetings Act, the confidentiality of executive session is in place to protect an individual’s reputation and character. Therefore, it is not appropriate for the board to comment on the former Executive Director’s performance at this time,” she said.to state legislators, board chairman Craig Richards said the confidentiality is “designed to protect Ms. Rodell’s reputation, not to obfuscate the board’s grounds for its decision.
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