Transalta Corporation shares rise 1.86% after-hours following Donald Tremblay's appointment as Telesat's new CFO.

Transalta Corporation rose 1.86% in after-hours trading, following the appointment of Donald Tremblay as the new Chief Financial Officer (CFO) of Telesat. Mr. Tremblay brings over 35 years of financial expertise and leadership, including experience in equity and debt capital market transactions, mergers and acquisitions, compliance, and risk management. This news is likely seen as positive for the company, as it indicates strong leadership and strategic direction.