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Press release content from PR Newswire. The AP news staff was not involved in its creation. TransAlta and TransAlta Renewables Announce President and Chief Executive Officer Succession February 4, 2021 GMT CALGARY, AB, Feb. 4, 2021 /PRNewswire/ - TransAlta Corporation (TSX:TA) (NYSE:TAC) (“TransAlta” or the “Company”) today announced that Dawn Farrell, President and Chief Executive Officer (“CEO”), will retire from the Company and the Board on March 31, 2021, after leading the company for almost a decade. John Kousinioris, currently Chief Operating Officer (“COO”) and Presiden...

Winnipeg Free Press By: The Canadian Press CALGARY - TransAlta Corp. says the CEO who supervised its transition away from a provincially focused provider of coal-fired power to an international utility with natural gas and renewable power generation plans to retire at the end of March. TransAlta CEO Dawn Farrell speaks during the company's annual general meeting in Calgary on Tuesday, April 29, 2014. THE CANADIAN PRESS/Larry MacDougal CALGARY - TransAlta Corp. says the CEO who supervised its transition away from a provincially focused provider...

As part of the transition, Kousinioris is to step down as president and a director with TransAlta Renewables and will be replaced by TransAlta's chief financial officer Todd Stack. TransAlta board chair John Dielwart credited Farrell for guiding TransAlta through the final stages of electricity deregulation in Alberta and "aggressively" adjusting strategy to respond to shifts in the regulation of carbon emissions. Farrell has led TransAlta for almost a decade and oversaw the development of TransAlta's renewables business through the purchase of Vision Quest Windelectric and then Canadian Hydr...