Panter served in various positions at Idaho Power over the past 21 years.

We appreciate Greg’s leadership, dedication and years of service,” said IDACORP and Idaho Power’ President and Chief Executive Officer LaMont Keen. “We will miss him.”

Malmen joined the company in December 2007 in preparation for Panter’s retirement.

“Effectively managing the myriad of public policy issues related to energy and the environment is critical to our company and customers,” said Keen. “In his short tenure with the company, Jeff is already making a difference. His experience with local, regional and national issues complements the abilities of our executive team.”

Malmen most recently served as chief of staff for Gov. C.L. “Butch” Otter. He also was Otter’s chief of staff during his time in the U.S. House of Representatives. Additionally, Malmen held key leadership positions in the service of two previous Idaho governors, serving as Gov. Phil Batt’s chief of staff and as the administrator of the Division of Financial Management for Gov. Dirk Kempthorne.

IDACORP, Inc., Boise, Idaho-based and formed in 1998, is a holding company comprised of Idaho Power Company, a regulated electric utility; IDACORP Financial, a holder of affordable housing projects and other real estate investments; and Ida-West Energy, an operator of small hydroelectric generation projects that satisfy the requirements of the Public Utility Regulatory Policies Act of 1978. IDACORP’s origins lie with Idaho Power and operations beginning in 1916. Today, Idaho Power employs approximately 2,000 people to serve a 24,000 square-mile service area in southern Idaho and eastern Oregon. With 17 low-cost hydroelectric projects as the core of its generation portfolio, Idaho Power’s 485,000 residential, business and agricultural customers pay some of the nation’s lowest prices for electricity. To learn more about Idaho Power or IDACORP, visit www.idahopower.com or www.idacorpinc.com.