CALGARY, May 17, 2019 /CNW/ - TransAlta Corporation
("TransAlta" or the "Company") (TSX:TA) (NYSE:TAC) today announces
the promotion of Todd Stack to Chief
Financial Officer ("CFO"), effective immediately.
Mr. Stack, who has served as Managing Director and Corporate
Controller of the Company since February
2017, has been responsible for providing leadership and
direction over TransAlta's financial activities, corporate
accounting and reporting, tax, and corporate planning.
"I am excited to announce Todd's well-deserved promotion to
CFO," said Dawn Farrell, President
and Chief Executive Officer. "Todd has been with the Company for
more than 25 years and has been an instrumental member of our
finance and corporate reporting team. As CFO, he will provide
significant value to the Company based on his extensive experience
in finance, valuation, economics and the power industry."
Since joining the Company in 1990, Mr. Stack has acted as the
Company's Treasurer, Corporate Controller, as well as a member of
the corporate development team reviewing greenfield and acquisition
opportunities. Prior to joining the finance team at TransAlta, Mr.
Stack held a number of roles in the engineering team, including
design, operations and project management. Mr. Stack is a
registered professional engineer in Alberta and has received a Masters of Business
Administration from the University of
Calgary and is a holder of the Chartered Financial Analyst
designation.
Mr. Stack replaces Christophe Dehout, who will be leaving the
Company to pursue new opportunities.
About TransAlta Corporation
TransAlta owns, operates and develops a diverse fleet
of electrical power generation assets in Canada, the United
States and Australia with a
focus on long-term shareholder value. We provide municipalities,
medium and large industries, businesses and utility customers
clean, affordable, energy efficient, and reliable power. Today, we
are one of Canada's largest
producers of wind power and Alberta's largest producer of hydro-electric
power. For over 100 years, TransAlta has been a responsible
operator and a proud community-member where its employees work and
live. TransAlta aligns its corporate goals with the UN Sustainable
Development Goals and we have been recognized by CDP (formerly
Climate Disclosure Project) as an industry leader on Climate Change
Management. We are also proud to have achieved the Silver level PAR
(Progressive Aboriginal Relations) designation by the Canadian
Council for Aboriginal Business.
For more information about TransAlta, visit our web site
at www.transalta.com.
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SOURCE TransAlta Corporation