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TransAlta Corp (TA.TO)

TA.TO on Toronto Stock Exchange

8.55CAD
17 Sep 2019
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Summary

Name Age Since Current Position

Gordon Giffin

69 2011 Independent Chairman of the Board

Dawn Farrell

59 2012 President, Chief Executive Officer, Director

Todd Stack

2019 Chief Financial Officer

Wayne Collins

2014 Executive Vice President - Coal and Mining Operations

Jennifer Pierce

Senior Vice President - Trading and Marketing

Aron Willis

42 2017 Senior Vice President - Gas and Renewables

Dawn de Lima

2018 Chief Administrative Officer

Brett Gellner

55 2018 Chief Strategy and Investment Officer

Kerry O'Reilly

2018 Chief Compliance Officer, Chief Legal Officer

Brent Ward

2017 Managing Director, Treasurer

Jane Fedoretz

2018 Chief Talent and Transformation Officer

John Kousinioris

55 2018 Chief Growth Officer

Ronalee Ambrose

49 2017 Independent Director

John Dielwart

66 2014 Independent Director

Robert Flexon

60 Independent Director

Alan Fohrer

68 2013 Independent Director

Yakout Mansour

71 2011 Independent Director

Georgia Nelson

69 2014 Independent Director

Beverlee Park

57 2015 Independent Director

Bryan Pinney

66 2018 Independent Director

Biographies

Name Description

Gordon Giffin

Amb. Gordon D. Giffin, J.D., serves as Independent Chairman of the Board of TransAlta Corporation. He is a Senior Partner of the law firm of Dentons (formerly McKenna Long & Aldridge LLP), where he maintains offices in Washington, D.C. and Atlanta. His practice focuses on international transactions related to trade, energy and public policy. He has been engaged in the practice of law and/or government service for more than 40 years. He served as the United States Ambassador to Canada with responsibility for managing Canada/U.S. bilateral relations, including energy and environmental policy from August 1997 to April 2001. Prior to that, he served as Chief Counsel and Legislative Director to United States Senator Sam Nunn, with responsibility for the legal and legislative operations of the office. Ambassador Giffin has spent three decades as an attorney in the energy industry as an advisor, trying multiple energy regulatory cases before state and federal tribunals and courts, and handling transactions including mergers and acquisitions. During a decade in public service, he was a senior attorney and advisor in the United States Senate where, among other matters, he worked on major energy public policy initiatives. During his four years as United States Ambassador to Canada, his responsibilities included the entire array of policy matters in the Canada-U.S. context including energy policy. He has substantial experience in dealing with issues at the intersection of industry and public policy. Since leaving public office, he resumed his continental law practice and remains actively engaged in public policy initiatives and international affairs through membership in the Council on Foreign Relations and the Trilateral Commission. Ambassador Giffin holds a Bachelor of Arts from Duke University (Durham, NC) and a Juris Doctorate from Emory University School of Law (Atlanta, GA). Ambassador Giffin brings to the Company and the Board experience in law, regulatory and governmental affairs. As Chai re-election to the Board.

Dawn Farrell

Ms. Dawn Lorraine Farrell serves as President, Chief Executive Officer, Director of TransAlta Corporation. Mrs. Farrell became President and Chief Executive Officer of TransAlta Corporation on January 2, 2012. Prior to her appointment, she served as Chief Operating Officer from 2009 to 2011 and as Executive Vice-President, Commercial Operations and Development from 2008 to 2009. Mrs. Farrell has over 30 years of experience in the electric energy industry, holding roles at TransAlta and BC Hydro. She has served as Executive Vice-President, Commercial Operations and Development; Executive Vice-President, Corporate Development; Executive Vice-President, Independent Power Projects; and VicePresident, Energy Marketing and IPP Development at TransAlta Corporation. From 2003 to 2006, Mrs. Farrell served as Executive Vice-President, Generation at BC Hydro. From 2006 to 2007, she served as BC Hydro's Executive Vice-President Engineering, Aboriginal Relations and Generation. Mrs. Farrell sits on the board of directors of The Chemours Company, a NYSE-listed chemical company, The Conference Board of Canada and the Business Council of Canada. Her past boards include the Calgary Stampede, the Mount Royal College Board of Governors, Fording Coal Income Fund, New Relationship Trust Fund, Mount Royal College Foundation and Vision Quest Windelectric. Mrs. Farrell holds a Bachelor of Commerce with a major in Finance and a Masters degree in Economics from the University of Calgary. She has also attended the Advanced Management Program at Harvard University.

Todd Stack

Mr. Todd John Stack is Chief Financial Officer of the company. Prior to February 2017, Mr. Stack was Managing Director and Treasurer of TransAlta. Prior to October 2015, Mr. Stack was Vice-President and Treasurer of TransAlta. Prior to November 2012, Mr. Stack was Treasurer of TransAlta.

Wayne Collins

Mr. Wayne A. Collins serves as Executive Vice-President - Coal and Mining Operations of TransAlta Corporation. Mr. Collins joined the Company on May 14, 2014 as Executive Vice-President, Coal and Mining Operations and is responsible for all of TransAlta’s coal and mining operations as well as corporate engineering and technical services. Mr. Collins has more than 34 years of experience in power generation. In his previous role as Chief Operating Officer for Stanwell Corporation Ltd, he was responsible for a fleet comprising coal, gas and hydro power generation and a large open cut coal mine. His career has predominantly been in operations and maintenance but also included a period developing and building new renewable power plants. Mr. Collins holds degrees in Engineering and Business. He is a Chartered Professional Engineer (Australia) and a graduate of the Australian Institute of Company Directors.

Jennifer Pierce

Ms. Jennifer M. Pierce serves as Senior Vice President - Trading and Marketing of the Company. She leads TransAlta's Energy Marketing and Trading business unit, which provides energy management services to commercial, industrial and wholesale customers as well as manages and markets the company’s generation portfolio. Prior to this role, Jennifer held a number of increasingly senior leadership positions at TransAlta. From 2010-2015, she held the role of Vice-President, Commercial Management, where she was responsible for managing the company’s long-term commercial arrangements, including thermal and hydro power purchase agreements (PPAs) in Alberta, thermal related joint ventures and coal and rail supply with the goal of maximizing TransAlta's contract profitability and minimizing commercial risks. She has also served as TransAlta’s Vice-President of Communications and Investor Relations and as Director of Investor Relations. Before joining TransAlta, Jennifer was Director of Investor Relations for Nova Chemicals and Vice-President, Strategy, Performance Management, Investor Relations and Communications for Provident Energy Trust. She previously held leadership roles in communications, strategy and planning at Duke Energy and Williams Gas Pipelines. Jennifer has worked internationally with energy companies in Chile, Argentina and Brazil. She began her career working in legislative affairs/public affairs at the Interstate Natural Gas Association of America (INGAA) in Washington, D.C. Jennifer has a Master of Business Administration from the Jesse H. Jones School of Management at Rice University. She also earned a Master of Political Management from The George Washington University and a Bachelor of Science in Communications from Boston University. Jennifer is active in the Calgary community, she is a member of the Board of Governors of Mount Royal University and most recently past vice-chair of the University’s Changing the Face of Education major fundraising campaign.

Aron Willis

Mr. Aron J. Willis serves as Senior Vice President - Gas and Renewables of the company. Prior to January 2017, Mr. Willis was Managing Director, Australia of TransAlta. Prior to September 2015, Mr. Willis was Vice-President, Australia of TransAlta. Prior to October 2014, he was Country Manager, Australia of TransAlta.

Dawn de Lima

Ms. Dawn E. de Lima serves as Chief Administrative Officer of Transalta Corp. Prior to July 2018, Ms. de Lima was Chief Administrative Officer. Prior to July 2015, Ms. de Lima was Chief Human Resources Officer of TransAlta. Prior to April 2012, Ms. de Lima was Chief Human Resources Officer and Executive Vice-President, Communications of TransAlta.

Brett Gellner

Mr. Brett M. Gellner is Chief Strategy and Investment Officer of the Company . Mr. Gellner became TransAlta’s Chief Investment Officer on March 31, 2014 and is responsible for all strategic corporate investments, mergers and acquisitions, and greenfield projects. Prior to being appointed to this position he was the Company’s Chief Financial Officer from 2010 to 2014, and was Vice-President, Commercial Operations from 2008 to 2009. He has significant experience in finance, valuation, economics, mergers and acquisitions, and commercial agreements. He also has extensive knowledge of the power industry, having worked as co-head of CIBC World Markets’ Power & Utilities group. In this role, he was involved in numerous transactions including leveraged buy-outs, high yield and investment-grade debt financings, initial public offerings, hybrid securities financings and private offerings of equity and debt. Prior to CIBC World Markets, he held senior roles in the Mergers & Acquisitions and Corporate Development groups of a large, publicly-traded company, and with a major international consulting firm. Mr. Gellner holds a Master’s degree in applied economics from the University of Alberta and has a Chartered Financial Analyst designation. He has also attended the Advanced Management Program at Harvard University.

Kerry O'Reilly

Ms. Kerry O'Reilly is Chief Compliance Officer, Chief Legal Officer of the company. Prior to November 2018, Ms. O'Reilly Wilks was Head of Legal, North Atlantic & UK, for Vale S.A. (Base Metal Business), one of the largest companies in the world.

Brent Ward

Mr. Brent Vincent Ward is Managing Director, Treasurer of the Company. Prior to April 2017, Mr. Ward was Manager, Treasury and Corporate Finance.

Jane Fedoretz

Ms. Jane Nyla Fedoretz Chief Talent and Transformation Officer of the company. Prior to November 2018, Ms. Fedoretz was Counsel, Energy Group at Blake, Cassels & Graydon LLP.

John Kousinioris

Mr. John Harry Kousinioris serves as Chief Growth Officer of TransAlta Corporation. Prior to July 2018, Mr. Kousinioris was Chief Legal and Compliance Officer and Corporate Secretary of the Corporation. Prior to October 2015, Mr. Kousinioris was Chief Legal and Compliance Officer of TransAlta. Prior to December 2012, Mr. Kousinioris was a Partner and co-head of the Corporate Commercial Group at Bennett Jones LLP, Barristers and Solicitors (law firm).

Ronalee Ambrose

The Hon. Ronalee Hope (Rona) Ambrose is Independent Director of the Company. She is a national leader, former Leader of Canada's Official Opposition in the House of Commons and former leader of the Conservative Party of Canada. As a key member of the federal cabinet for a decade, Ms. Ambrose solved problems as a minister of the Crown across nine government departments, including serving as Vice Chair of the Treasury Board for several years and Chair of the cabinet committee for public safety, justice and aboriginal issues. As the former environment minister responsible for the greenhouse gas regulatory regime in place across several industrial sectors, she understands the challenges facing the fossil fuel industry. Ms. Ambrose was personally responsible for the development of several federal policies, ranging from industrial strategies in military procurement to health innovation to improvements to sexual assault laws. Ms. Ambrose is a passionate advocate for women in Canada and around the world and led the global movement to create the "International Day of the Girl" at the United Nations. She was also responsible for ensuring that aboriginal women in Canada were finally granted equal matrimonial rights. She successfully fought for the creation of a Canadian refugee program to bring Yazidi women and girls who have been sexually enslaved by ISIS to safety in Canada. Ms. Ambrose also serves on the advisory board of the Canadian Global Affairs Institute. Ms. Ambrose is also a director of Manulife Financial Corporation and Coril Holdings Ltd. She has a BA from the University of Victoria and a MA from the University of Alberta. She is also a graduate of the Harvard Kennedy School of Government Senior Leaders Program.

John Dielwart

Mr. John P. Dielwart serves as Independent Director of TransAlta Corporation since October 1, 2014. Mr. Dielwart is the Chair of the Governance, Safety and Sustainability Committee of the Board. Mr. Dielwart was formerly Chief Executive Officer of ARC Resources Ltd., which owns and operates oil and gas properties in Western Canada. He oversaw the growth of ARC Resources Ltd. from start-up in 1996 to a company with a total capitalization of approximately $10 billion at the time of his retirement. After his retirement from ARC Resources Ltd. on January 1, 2013, Mr. Dielwart re-joined ARC Financial Corp. ("ARC Financial") as Vice-Chairman. ARC Financial is Canada's leading energy-focused private equity manager. He is a member of ARC Financial's Investment and Governance committees, and currently represents ARC Financial on the boards of Modern Resources Ltd. and Aspenleaf Energy Limited. Prior to joining ARC Financial in 1994, Mr. Dielwart spent 12 years with a major Calgarybased oil and natural gas engineering consulting firm, as senior vice-president and a director, where he gained extensive technical knowledge of oil and natural gas properties in Western Canada. Mr. Dielwart has a Bachelor of Science with distinction (civil engineering) degree from the University of Calgary. He is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA) and is a past-Chairman of the Board of Governors of the Canadian Association of Petroleum Producers (CAPP). In 2015, Mr. Dielwart was inducted into the Calgary Business Hall of Fame and in 2018 he received the Oil and Gas Council's Canadian Lifetime Achievement Award. Mr. Dielwart is a director and former Co-Chair of the Calgary and Area Child Advocacy Centre. Effective March 7, 2019, Mr. Dielwart became a director of Crescent Point Energy Corp.

Robert Flexon

Mr. Robert C. Flexon is Independent Director of the company. He is the former President and Chief Executive Officer of Dynegy Inc. from 2011 until its acquisition by Vistra Energy Corp. in April 2018. Dynegy Inc. was a U.S. independent power producer engaged in the operation of power generating facilities and listed on the NYSE. Prior to joining Dynegy, Mr. Flexon served as the Chief Financial Officer of UGI Corporation, a distributor and marketer of energy products and services. In 2009, he served as President and CEO of Foster Wheeler's U.S. subsidiary and then he served as Chief Executive Officer of Foster Wheeler, a global engineering and construction contractor and power equipment supplier. Mr. Flexon has also held executive positions at NRG Energy, Inc. and has held key finance and accounting positions with Hercules, Inc. and Atlantic Richfield Company. Mr. Flexon serves on the Board of Directors of Capstone Turbine Corporation and Charah Solutions, Inc. Mr. Flexon holds a Bachelor of Science degree in Accounting from Villanova University. He also serves on the board of Genesys Works-Houston, an organization that transforms the lives of disadvantaged high school students through meaningful work experiences.

Alan Fohrer

Mr. Alan J. Fohrer serves as Independent Director of TransAlta Corporation. Mr. Fohrer is the former Chairman and Chief Executive Officer of Southern California Edison Company ("SCE"), a subsidiary of Edison International ("Edison") one of the largest electric utilities in the United States. He was elected Chief Executive Officer in 2002 and Chairman in 2007. In 2000, Mr. Fohrer was elected as President and Chief Executive Officer of Edison Mission Energy ("EME"), a subsidiary of Edison that owns and operates independent power facilities. During his tenure at EME, Mr. Fohrer restructured a number of international projects, which enhanced the value of the assets sold in subsequent years. Mr. Fohrer also served as Executive Vice-President and Chief Financial Officer of both Edison and SCE from 1995 to 1999. After 37 years with Edison, Mr. Fohrer retired in December 2010. Mr. Fohrer currently sits on the boards of PNM Resources, Inc., a publicly held energy holding company, and Blue Shield of California, a non-profit health insurance provider. He is also a member of the Viterbi School of Engineering Board of Councilors for the University of Southern California and Chair of the California Science Centre Foundation. Mr. Fohrer has served on boards of directors of the Institute of Nuclear Power Operations, the California Chamber of Commerce, Duratek, Inc., Osmose Utilities Services, Inc., MWH, Inc. and Synagro, a private waste management company. Mr. Fohrer holds a Masters of Science in civil engineering from the University of Southern California, Los Angeles, as well as a Masters of Business Administration from California State University in Los Angeles.

Yakout Mansour

Mr. Yakout Mansour serves as Independent Director of TransAlta Corporation. Mr. Mansour has over 40 years of experience as both a professional engineer and executive in the electric utility business in Canada, the United States, and abroad. He retired as President and Chief Executive Officer of the California Independent System Operator Corporation ("CAISO") in 2011, a position he had held since 2005. CAISO is responsible for operating and controlling 80% of the California electric grid, designing and operating the California electricity market, and for settlements of over $8 billion annually. Under Mr. Mansour's leadership, the California market structure was completely redesigned, and CAISO established the market and technical foundation to accommodate one of the most aggressive renewable portfolio standards in the world. Prior to that, Mr. Mansour served in senior executive roles at BC Hydro and British Columbia Transmission Corporation where he was responsible for Operation, Asset Management, and Inter-Utility Affairs of the electric grid. In 2009, Mr. Mansour was named to the U.S. Department of Energy Electricity Advisory Committee as a Vice Chair. He also served on the various committees of the North American Electric Reliability Corporation and its predecessor organization, CEGRE, the Transmission Council of the Canadian Electric Association, and the Board of Directors of the Electric Power Research Institute. A professional engineer and a Fellow of the Institute of Electrical and Electronics Engineers, Mr. Mansour has authored and co-authored numerous publications. He is recognized internationally in the field of power engineering and received several distinguished awards for his contributions to the industry. Mr. Mansour holds a Bachelor of Science in electrical engineering from the University of Alexandria (Alexandria, Egypt) and a Masters of Science from the University of Calgary (Calgary, AB).

Georgia Nelson

Ms. Georgia R. Nelson serves as Independent Director of TransAlta Corporation., since 2014. Ms. Nelson is the Chair of the Human Resources Committee of the Board. Ms. Nelson is President and Chief Executive Officer of PTI Resources, LLC, an independent consulting firm established in 2005. Ms. Nelson has had a 35-year career in the power generation industry, serving in various senior executive capacities for Edison International and its subsidiaries between 1971 and 2005. She was President of Midwest Generation Edison Mission Energy (EME), an independent power producer, from 1999 to her retirement in 2005 and General Manager of EME Americas, from 2002 to 2005. Ms. Nelson has extensive experience in international business negotiations, environmental policy matters and human resources. Ms. Nelson is currently a director of Cummins Inc., Ball Corporation, and Sims Metal Management Ltd. She was a director of CH2MHILL Corporation, a privately held company, until December 2017. Ms. Nelson is a past director of Nicor, Inc. Ms. Nelson was a member of the Executive Committee of the National Coal Council from 2000 to 2015 and served as Chair from 2006 to 2008. She serves on the advisory committee of the Center for Executive Women at Northwestern University. Ms. Nelson was named to the 2012 National Association of Corporate Directors ("NACO") Directorship 100. She is an NACO Board Fellow. Ms. Nelson holds a Bachelor of Science from Pepperdine University and a Masters of Business Administration from the University of Southern California. Ms. Nelson brings to the Company and the Board specialized knowledge in the energy, independent power and coal and mining industries, as well as human resources management / compensation and engineering and technical expertise. As Chair of the Human Resources Committee of the Board, Ms. Nelson leads the Committee in effective decision-making. Accordingly, the Board recommends that Shareholders vote FOR Ms. Nelson's re-election to the Board.

Beverlee Park

Ms. Beverlee F. Park serves as Independent Director of the Company. Ms. Park is the Chair of the Audit and Risk Committee of the Board as of April 19, 2018. Ms. Park is currently a director of Teekay LNG Partners, a NYSE-listed public company, where she chairs both the Audit Committee and Conflicts Committee. Teekay LNG Partners is one the world's largest independent owners of LNG and LPG carriers. She is also a director of SSR Mining Inc. (TSX/NASDAQ-listed), a public mining company, focused on the operation, development, exploration and acquisition of precious metals projects in North and South America. Ms. Park was a member of the Board of Governors at the University of British Columbia until June 30, 2018. In addition, until October 2018 she was a director of InTransit BC, a privately held light rapid transit company where she chaired the Audit Committee. Ms. Park was previously a director of the BC Transmission Corporation, where she also chaired the Audit Committee. Ms. Park has executive and board experience in a range of industries, including electricity transmission, forest products, shipping, mining, transportation and real estate. Ms. Park spent 17 years of her career with TimberWest Forest Corp. where she was most recently Chief Operations Officer until her retirement in 2013. During that time, she also held the roles of Interim Chief Executive Officer, President of the real estate division (Couverdon Real Estate) and Executive Vice President and Chief Financial Officer. Ms. Park holds a Bachelor of Commerce with distinction from McGill University (Montreal, QB), a Masters of Business Administration from the Simon Fraser University Executive program and is also a Fellow of the Chartered Professional Accountants (FCPA) and Fellow of the Institute of Chartered Accountants (FCA) of British Columbia. Ms. Park brings to the Company and to the Board over 30 years of experience in finance and accounting as well as senior leadership experience in organizational change.

Bryan Pinney

Mr. Bryan Daniel Pinney is Independent Director of the Company. He is the principal of Bryan D. Pinney Professional Corporation, which provides financial advisory and consulting services. Mr. Pinney is currently the lead director for North American Energy Partners Inc. He is also a director on a Hong Kong-listed oil and gas company, Persta Resources Inc. Mr. Pinney was also the recent chair of the Board of Governors of Mount Royal University and has previously served on a number of non-profit boards. He is also a director on one private company. He is a Fellow of the Institute of Chartered Accountants, a Chartered Business Valuator and is a graduate of the Ivey Business School at the University of Western Ontario with an honours degree in Business Administration. He is also a graduate of the Canadian Institute of Corporate Directors. Mr. Pinney has over 30 years of experience serving many of Canada's largest corporations, primarily in energy and resources and construction. Mr. Pinney was a partner with Deloitte LLP between 2002 and 2015. Mr. Pinney served as Calgary Managing Partner of Deloitte LLP from 2002 through 2007 and as National Managing Partner of Audit & Assurance from 2007 to 2011 and Vice-Chair until June 2015. Mr. Pinney was a past member of Deloitte LLP's Board of Directors and chair of the Finance and Audit Committee. Prior to joining Deloitte LLP, Mr. Pinney was a partner with Andersen LLP and served as Calgary Managing Partner from 1991 through May of 2002.

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