Luke Fanning Named to Succeed Larry Cotter as CEO of APICDA

Luke Fanning, chief financial officer for the Aleutian Pribilof Island Community Development Association (APICDA), will become the organization’s chief executive officer with the retirement of long time CEO Larry Cotter in July.

The announcement was made on June 26 by APICDA board of directors in the wake of a six-month search process.

Prior to joining APICDA, Fanning was the vice president and regional manager for First National Bank Alaska. He is a lifelong Alaskan whose seafood industry experience began in the 1990s when he crewed on a halibut longliner and salmon seiner. In his spare time, Fanning captains the 32-foot F/V Triton, gillnetting for salmon and longlining for halibut.

said the impact of Cotter’s work and unwavering commitment to the CDQ program will be felt for years to come within the region, state and industry.

APICDA is one of six western Alaska CDQ groups within a program that allocates a percentage of all Bering Sea and Aleutian Islands quotas for groundfish, halibut and crab. The CDQ program was established to provide economically disadvantaged coastal communities with an opportunity to improve economies based on the fishing industry. APICDA and its subsidiaries generate proceeds of their management of quotas of seafood to support the villages of Akutan, Atka, False Pass, Nelson Lagoon, Nikolski and St. George.

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