Avista Names Malyn Malquist as Senior VP

September 10, 2002 by Jeff Shepard

Avista Corp. (Spokane, WA) announced that Malyn Malquist will join the company as senior vice president in September 2002. Malquist will be succeeding Avista Senior Vice President and CFO Jon Eliassen, who plans to retire from the company in April 2003. Malquist is expected to be named CFO at the November 2002 meeting of the company's board of directors.

"Malyn will be an excellent addition to Avista's leadership team. His distinguished track record in the utility business sector and his impressive background in finance and management will be of tremendous value to Avista," said Gary Ely, Avista board chairman, president and CEO. "He will play an important role as we continue to strengthen our company's financial position."