Former Attorney General Craig Richards is reported tonight to have been elected the chairman of the Alaska Permanent Fund Board of Trustees, replacing Bill Moran of Ketchikan. Carl Brady remains vice chair.
The election came at the end of the board’s two-day meeting and the announcement was vaguely referred to in a press release by the corporation, which manages $65 billion in investments for the State of Alaska.
Richards is the former law partner of Gov. Bill Walker and is vice president and general counsel of Bering Straits Native Corporation. His experience is in finance, oil and gas, tax law, and now government, and he was swept into office with Walker in 2014, and served as Attorney General for two years before quitting suddenly in 2016.