TransAlta Corporation

NYSE:TAC Stock Report

Market Cap: US$4.2b

TransAlta Management

Management criteria checks 4/4

TransAlta's CEO is John Kousinioris, appointed in Apr 2021, has a tenure of 3.67 years. total yearly compensation is CA$5.81M, comprised of 16.4% salary and 83.6% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $7.15M. The average tenure of the management team and the board of directors is 2.1 years and 3.6 years respectively.

Key information

John Kousinioris

Chief executive officer

CA$5.8m

Total compensation

CEO salary percentage16.4%
CEO tenure3.7yrs
CEO ownership0.2%
Management average tenure2.1yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

TransAlta: The Transition Must Accelerate

Mar 07

TransAlta: A Major Player, A Good Buy At Below $10.5/Share

Dec 13

TransAlta Q4 2022 Earnings Preview

Feb 22

TransAlta declares CAD 0.055 dividend

Dec 12

TransAlta prices $400M senior green bond offering

Nov 15

TransAlta Q3 2022 Earnings Preview

Nov 07

TransAlta Q2 2022 Earnings Preview

Aug 04

TransAlta declares CAD 0.05 dividend

Jul 28

TransAlta: Renewable Growth Stories At Great Valuations

May 26

TransAlta Corp.: A Superior Choice To TransAlta Renewables

Feb 28

TransAlta Is Up 40% In 2021 And Is Poised To Repeat It In 2022 With Or Without Acquisition By Brookfield

Dec 14

TransAlta Investor Day: Clear Targets And Good Outlook, Though Valuations Are Mixed

Oct 13

TransAlta announces NCIB for shares

May 26

CEO Compensation Analysis

How has John Kousinioris's remuneration changed compared to TransAlta's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$158m

Jun 30 2024n/an/a

CA$566m

Mar 31 2024n/an/a

CA$572m

Dec 31 2023CA$6mCA$950k

CA$644m

Sep 30 2023n/an/a

CA$565m

Jun 30 2023n/an/a

CA$254m

Mar 31 2023n/an/a

CA$112m

Dec 31 2022CA$6mCA$900k

CA$4m

Sep 30 2022n/an/a

CA$89m

Jun 30 2022n/an/a

-CA$428m

Mar 31 2022n/an/a

-CA$360m

Dec 31 2021CA$7mCA$794k

-CA$576m

Sep 30 2021n/an/a

-CA$665m

Jun 30 2021n/an/a

-CA$345m

Mar 31 2021n/an/a

-CA$393m

Dec 31 2020CA$3mCA$625k

-CA$336m

Sep 30 2020n/an/a

-CA$103m

Jun 30 2020n/an/a

CA$84m

Mar 31 2020n/an/a

CA$144m

Dec 31 2019CA$3mCA$598k

CA$52m

Sep 30 2019n/an/a

-CA$136m

Jun 30 2019n/an/a

-CA$273m

Mar 31 2019n/an/a

-CA$378m

Dec 31 2018CA$2mCA$531k

-CA$248m

Sep 30 2018n/an/a

-CA$271m

Jun 30 2018n/an/a

-CA$212m

Mar 31 2018n/an/a

-CA$125m

Dec 31 2017CA$2mCA$500k

-CA$190m

Compensation vs Market: John's total compensation ($USD4.03M) is below average for companies of similar size in the US market ($USD6.66M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.

CEO

John Kousinioris (59 yo)

3.7yrs

Tenure

CA$5,805,768

Compensation

Mr. John Harry Kousinioris has been President, Chief Executive Officer and Director at TransAlta Corporation since April 1, 2021. Mr. Kousinioris served as Chief Operating Officer at TransAlta Corporation...

Leadership Team

NamePositionTenureCompensationOwnership
John Kousinioris
President3.7yrsCA$5.81m0.17%
$ 7.1m
Jane Fedoretz
Executive VP of People & Culture and Chief Administrative Officer1.9yrsCA$2.02m0.026%
$ 1.1m
Kerry Wilks
Executive Vice President of Growth & Energy Marketing1.9yrsCA$2.01mno data
Chris Fralick
Executive Vice President of Generation2.3yrsCA$1.65mno data
Joel Hunter
Executive VP of Finance & CFOless than a yearno datano data
Chiara Valentini
Manager of Investor Relationsno datano datano data
Nancy Brennan
Executive Vice President of Legalno datano datano data
Stacey Hatcher
Manager of Communications10.5yrsno datano data
Maria Perry
MD of People & Talentno datano datano data
Gary Woods
Managing Director of Gas & Renewablesno datano datano data
Blain van Melle
Executive Vice President of Commercial & Customer Relations5.9yrsno data0.048%
$ 2.0m
David Little
Senior Vice President of Growth1.1yrsno datano data

2.1yrs

Average Tenure

57yo

Average Age

Experienced Management: TAC's management team is considered experienced (2.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
John Kousinioris
President3.7yrsCA$5.81m0.17%
$ 7.1m
Sarah Slusser
Independent Director3.6yrsCA$199.50kno data
Harry Goldgut
Independent Director5.7yrsCA$195.00k0.026%
$ 1.1m
Alan Fohrer
Independent Director11.7yrsCA$221.00k0.0021%
$ 89.5k
John Dielwart
Independent Chair of the Board10.2yrsCA$330.00k0.020%
$ 820.9k
Thomas O'Flynn
Independent Director3.6yrsCA$201.00k0.0017%
$ 72.3k
James Reid
Independent Director3.6yrsCA$195.00k0.011%
$ 444.7k
Manjit Sharma
Independent Director1.9yrsCA$201.00kno data
Sandra Sharman
Independent Director4.7yrsCA$224.50kno data
Bryan Pinney
Independent Director6.7yrsCA$220.00k0.0037%
$ 154.2k
Laura Folse
Independent Director3.6yrsCA$224.50kno data
Candace MacGibbon
Independent Director1.7yrsCA$136.33k0.0018%
$ 75.2k

3.6yrs

Average Tenure

64yo

Average Age

Experienced Board: TAC's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 04:49
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TransAlta Corporation is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathan HeywoodATB Capital Markets
Benjamin PhamBMO Capital Markets Equity Research
Julien Dumoulin-SmithBofA Global Research