Skip to main content
Welcome to
super saver spring
offer ends april 20
save over $140
Sale ends in
$0.99
per week for 24 weeks
Welcome to
super saver spring
$0.99
per week for 24 weeks
save over $140
// //

TransAlta president and CEO Dawn Farrell in her corporate headquarters in Calgary, Ab., on April 5, 2019.

Todd Korol/The Globe and Mail

TransAlta Corp. TA-T 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.

The Calgary-based company says Dawn Farrell, 61, is to be replaced by John Kousinioris, currently chief operating officer and president of subsidiary TransAlta Renewables Inc.

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.

Story continues below advertisement

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 Hydro Developers Inc.

Farrell said her tenure was marked by numerous electricity sector changes due to regulatory shifts, increased competition and new technologies.

“I’m proud that TransAlta has faced into these challenges and has been able to accomplish a momentous multi-year transformation from a primarily Alberta-based, coal-fired electricity company into a leading clean and renewables-focused electricity company spanning three countries, delivering growing cash flows, and competitively positioned to take on the vast opportunities ahead of the net zero economy,” she said in a statement.

Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today.

Your Globe

Build your personal news feed

  1. Follow topics and authors relevant to your reading interests.
  2. Check your Following feed daily, and never miss an article. Access your Following feed from your account menu at the top right corner of every page.

Follow topics related to this article:

View more suggestions in Following Read more about following topics and authors
Report an error
Tickers mentioned in this story
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

UPDATED: Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies