CNB was established to diversify the business interests of the Cherokee Nation of Oklahoma. CNB receives revenues from its subsidiaries in order to fund the expansion of existing firms and the acquisition of new ones. Upon its establishment, CNB became responsible for providing 'strategic direction' to all Cherokee Nation of Oklahoma-owned businesses, to diversify the Cherokee Nation business holdings, and to act as a holding company for some Cherokee Nation of Oklahoma business investments.
The tribe exerts control over the operations of CNB through the Board of Directors. CNB is a wholly owned subsidiary of the Cherokee Nation. CNB operates in the following industries: aerospace and defense, hospitality and entertainment, environmental and construction services, information technology, healthcare, and security and safety.Ĭherokee Nation Businesses was established on June 16, 2004. CNB is a wholly owned subsidiary of the Cherokee Nation, the largest Native American tribe by population in the United States.
Cherokee Nation Businesses, LLC (CNB) is an American conglomerate holding company headquartered in Catoosa, Oklahoma that oversees and manages several subsidiary companies.
