Red Lion Makes Eliassen Appointment Permanent

SPOKANE, WA – Red Lion Hotels Corp. named Jon E. Eliassen president and CEO, removing his previous interim status.

Eliassen served as interim president and CEO since January 2010, when he replaced Anupam Narayan. Prior to that appointment, Eliassen served on the company’s Board of Directors since September 2003. He was president and CEO of the Spokane Area Economic Development Council from 2003 until 2007. He retired in 2003 from his position as senior vice president and CFO of Avista Corp., a publicly-traded diversified utility. During his 33 years at Avista, Eliassen actively participated in the development of a number of successful unregulated subsidiary companies including Itron, Avista Labs and Avista Advantage. Eliassen currently serves as Chairman of the Board of Directors of Itron Corp., serves as a member of the Board of Directors of IT Lifeline Inc., and is the principal of Terrapin Capital Group LLC.