Stories tagged: Jon Eliassen
Fri., March 1, 2013
Red Lion posts loss, cuts debt in 2012
Spokane-based Red Lion Hotels Corp. reported Thursday a net loss of $14.7 million for 2012 compared with a loss of $7.1 million in 2011. But the hospitality company also reported …
Fri., Dec. 7, 2012
Barbieri to quit post Dec. 31
Red Lion Hotels Corp. named four new board members on Thursday. The Spokane company’s announcement means Red Lion will not have a Barbieri family member on the board, as it …
Tue., Nov. 20, 2012
Itron names new CEO
Starting Jan. 1, Philip Mezey will take over as CEO and president of Itron Inc., the Spokane area’s largest publicly traded company. Mezey, 52, will succeed LeRoy Nosbaum, who joined …
Wed., Sept. 12, 2012
Red Lion outlines attempts at sale, merger
Red Lion Hotels Corp. managers said Tuesday that they’ve contacted more than 70 potential buyers but have failed to find offers to buy the hospitality chain. The effort is a …
Sat., Sept. 8, 2012
Investors demand Red Lion sell hotels
A Seattle investment group critical of Red Lion Hotels has demanded that the Spokane company start selling hotels. Columbia Pacific Opportunity Fund, which owns 29 percent of outstanding common shares, …
Thu., March 29, 2012
Red Lion studying its strategic options
Red Lion Hotels Corp. has hired Bank of America Merrill Lynch to look at options the publicly traded company has to build market value, including a possible sale. The Spokane-based …
Wed., March 28, 2012, 1:42 p.m.
Red Lion hires consultant, looks at possible company sale
Red Lion Hotels Corp. has hired Bank of America Merrill Lynch to look for options to improve the company’s market value, including a possible sale of the company.
Wed., March 7, 2012
Stakeholder wants Red Lion sale
Red Lion Hotels Corp.’s largest shareholder is urging the Spokane company’s directors to sell off more hotels or the entire company so that investors can earn better returns. Seattle-based Columbia …
Tue., March 6, 2012, 5:55 p.m.
Red Lion’s biggest shareholder pushing for a sale
Red Lion Hotels Corp.’s largest shareholder is urging the Spokane company’s directors to sell off more hotels or the entire company so that investors can earn better returns.
Fri., Nov. 4, 2011
Red Lion Hotels purchases 10 properties it was leasing
Spokane-based Red Lion Hotels Corp. has purchased 10 hotels the company has been leasing from iStar Financial Inc., a New York real estate investment trust company. The purchase price was …
Sun., May 22, 2011
At 64, Jon Eliassen still feeds and breeds success
People who know him say Jon Eliassen is the busiest retired person they know. After working for Washington Water Power, and then Avista Utilities, for 33 years, Eliassen retired in …
Tue., Feb. 15, 2011
Red Lion Hotels picks Eliassen as CEO, president
Jon Eliassen, appointed interim president and chief executive officer of Red Lion Hotels Corp. in January 2010, has been given the job permanently. Eliassen, 63, has been a member of …
Fri., Jan. 15, 2010
CEO is out at Red Lion Hotels
The directors of Red Lion Hotels Corp. have removed Anupam Narayan as chief executive officer, replacing him with board member and longtime Avista Corp. executive Jon Eliassen. In a statement …
Thu., Jan. 14, 2010, 5:09 p.m.
No reason given for Red Lion CEO’s ouster
The directors of Red Lion Hotels Corp. have removed Anupam Narayan as chief executive officer, replacing him with board member and long-time Avista Corp. executive Jon Eliassen.