Upcoming Leadership Changes at TransAlta Corporation
TransAlta Corporation has officially announced a significant leadership transition that is set to take place within the company. As of April 30, 2026, John Kousinioris, the current President and Chief Executive Officer, will be retiring. In an exciting development, Joel Hunter, who serves as the Executive Vice President and Chief Financial Officer, will succeed Mr. Kousinioris as the new President and CEO.
About John Kousinioris' Tenure
Mr. Kousinioris has been an integral part of TransAlta since 2012, initially holding the position of Chief Legal and Compliance Officer. His impressive career trajectory within the company has included roles such as Chief Growth Officer and Chief Operating Officer, culminating in his promotion to President and CEO in 2021. Additionally, he played a pivotal role as the President of TransAlta Renewables from 2017 to 2021.
Board's Insight on the Transition
Expressing gratitude, John Dielwart, the Chair of the Board, highlighted Kousinioris' unwavering dedication and commitment to growing TransAlta’s business during his time at the helm. Dielwart noted how Kousinioris has effectively navigated a changing industry and regulatory landscape while simplifying the organizational structure of the company.
Strategic Transition Planning
The Board of Directors emphasized that this leadership shift is the culmination of a deliberate succession planning process. Joel Hunter brings over 25 years of experience in capital markets, finance, and strategic planning, which makes his appointment feel like a natural fit for guiding TransAlta into its next chapter.
The Vision Ahead with Joel Hunter
Reflecting on his experience, John Kousinioris shared, "It has been an honor to lead TransAlta, working with a dedicated and talented team. Together, we have laid a strong foundation for the future by enhancing shareholder returns and diversifying our offerings." Kousinioris also expressed his confidence in Joel Hunter's leadership ability and strategic vision for the company.
Commitment to Shareholder Value
Hunter, expressing gratitude for Kousinioris' guidance, is enthusiastic about the opportunity to steer TransAlta forward. He noted the importance of collaborating with the entire team, Board, and stakeholders to ensure the company continues to maximize long-term shareholder value. "We have the right strategy, assets, and team to succeed," concluded Hunter.
About TransAlta Corporation
TransAlta Corporation is a key player in the energy sector, owning and operating a diverse portfolio of electrical power generation assets across several countries. The company prides itself on delivering affordable, reliable, and energy-efficient power to various customers, including municipalities and large industrial clients. With a focus on sustainable business practices, TransAlta has made significant strides in reducing greenhouse gas emissions and aligning its corporate goals with global sustainability standards.
Achievements in Sustainability
TransAlta stands out as one of Canada’s largest producers of wind and thermal power, actively contributing to the community while leading in eco-friendly initiatives. Through its commitment to the UN Sustainable Development Goals, the company has achieved a remarkable 70 percent reduction in GHG emissions since 2015 and has received an upgraded MSCI ESG rating of AA.
Contact Information
For further details, reach out to TransAlta via their contact numbers or email.
Investor Inquiries
Phone: 1-800-387-3598 in Canada and US
Email: investor_relations@transalta.com
Media Inquiries
Phone: 1-855-255-9184
Email: ta_media_relations@transalta.com
Frequently Asked Questions
1. Who is the new President and CEO of TransAlta?
Joel Hunter will succeed John Kousinioris as President and CEO on April 30, 2026.
2. What role has John Kousinioris had at TransAlta?
Kousinioris has held several key positions, including Chief Legal Officer, Chief Growth Officer, and CEO since 2021.
3. Why is this leadership change important?
This change is crucial as it represents a thoughtful succession planning process aimed at ensuring continuity and future growth.
4. What are TransAlta's significant achievements?
TransAlta is recognized for its leadership in renewable energy and for achieving a 70% reduction in GHG emissions since 2015.
5. How can I contact TransAlta for inquiries?
You can contact TransAlta's investor relations or media department using the provided phone numbers and emails.
