Michael J. Burns joined the Alaska Permanent Fund Corporation as Executive Director in August 2004. Prior to that, he was president of KeyBank, National Association (Alaska), a subsidiary of KeyCorp, a bank-based financial services company headquartered in Cleveland, Ohio.
Hired as president of Alaska Pacific Bank in February 1985, Mr. Burns held that position until October 1987. At that time, Alaska Pacific Bank and its sister bank, First National Bank of Fairbanks, combined to form Key Bank of Alaska and Mike assumed the role of president of the new organization. In his role as president and chief executive officer of Key Bank of Alaska, Burns directed its growth from eight to more than twenty branches and moved it into position as the third largest bank in the state. He retired on January 31, 2002.
Active in numerous community, state and civic organizations, Mr. Burns served three terms as chair of the University of Alaska Board of Regents. He was also member of the University of Alaska Foundation Board of Trustees; the Nature Conservancy of Alaska Board of Trustees; Alaskan Command Civilian Advisory Board; Alaska Airlines Community Advisory Board; Alaska Community Foundation; and United Way Trustee Council.
Mr. Burns was elected to seven terms as chair of the Anchorage Telephone Utility, served twice as chair of the United Way Campaign, and is a former commissioner of the Public Broadcasting Commission. He has served various other boards and committees, including the Boys and Girls Clubs of Anchorage, Imaginarium, Alaska Children's Trust, Anchorage Concert Association, Fiscal Policy Council of Alaska, the Alaska Bankers Association, and the American Bankers Association. He is a member of YPOA (Young Presidents Organization Alumni).
Mr. Burns received a bachelor's degree in political science from Knox College, Galesburg, Illinois and a law degree from the University of Denver. He is admitted to the practice of law in Illinois, Colorado and Missouri. Mike and his wife Rebecca are the parents of three sons and one daughter.