07:49 AM EDT, 04/11/2024 (MT Newswires) -- TransAlta Corp. ( TAC ) said Thursday that Todd Stack will retire as executive vice-president of finance and chief financial officer of the company, effective June 30.

The company's board has tapped Joel Hunter to serve as executive vice president of finance and CFO, effective July 1. Hunter is currently serving as executive vice president and CFO at TC Energy ( TRP ) .

TransAlta ( TAC ), which fell 1.9% in Canada yesterday, edged up 1.3% in premarket US trading on Thursday.

TC Energy ( TRP ) for its part last week appointed Sean O'Donnell, currently Senior Vice-President, Capital Markets and Corporate Planning, to succeed Hunter.