Financial Wire

TransAlta Names Mike Politeski CFO

-- TransAlta (TA.TO) said Monday that it appointed Mike Politeski as executive vice president for finance and chief financial officer, effective May 1.

The company also named Grant Arnold as EVP for growth and chief commercial officer, effective May 6.

TransAlta said the appointments correspond with the transition of current EVP and CFO, Joel Hunter, to the role of president and chief executive officer, effective April 30.

Current President and CEO John Kousinioris is retiring April 30.

Politeski has over 25 years of experience across capital markets, financial strategy, risk, treasury, financial reporting and tax. He most recently served as senior vice president for finance and treasurer at Veren.

Meanwhile, Arnold has over 30 years of leadership, commercial and technical experience in the power generation and energy sector. He served as president and CEO of BluEarth Renewables.

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TransAlta Names Mike Politeski CFO | Financial Wire