Galactic Industries was founded in 896 ABY as a conglomeration of Galactic companies (Galactic Shipyards, Galactic Transportation Industries and Galactic Arms Company) all of which were owned by Alex Zakkan in 896 ABY, who incorporated all three companies to form Galactic Industries, which was meant to make it easier to manage the different companies.
The conglomeration was led by both the Chairman and the Executive Board, the Chairman was a member of the Zakkan family who owned the Galactic companies whilst the Executive Board was made up of the Chairman and the Managers of the different companies.
In 896 ABY, when the Executive Board was formed, there were four members:
- Alex Zakkan, the Chairman of Galactic Industries
- Tighe Andraxa, Manager of Galactic Shipyards
- Olli Lomar, Manager of Galactic Transportation Industries
- Miko Segren, Manager of Galactic Arms Company