TAC – TransAlta Corporation

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    TAC – TransAlta Corporation – Stock Forum
    Beginning as a small, local power company in 1909, TransAlta has transformed over the last century to become an experienced and well respected power generator and wholesale marketer of electricity.
    TransAlta Corporation
    Utilities | Diversified Utilities | Canada

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    TransAlta: ISS and Glass Lewis Recommend Shareholders Vote FOR All TransAlta Director Nominees and Management Proposals

    TransAlta Corporation (“TransAlta” or the “Company”) (TSX:TA) (NYSE: $TAC) today announced that leading independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co (“Glass Lewis”), both issued final reports recommending that shareholders vote FOR all TransAlta management proposals, including director nominees, being presented at the Company’s upcoming shareholders’ meeting.

    Both ISS and Glass Lewis recommend shareholders vote FOR the election of all TransAlta director nominees, including new nominees Robert Flexon, Harry Goldgut and Richard Legault. In addition, ISS and Glass Lewis recommend shareholders vote FOR the re-appointment of the Company’s auditors, the continuance of the Company’s amended “new generation” shareholder rights plan and the advisory say-on-pay vote on the Company’s approach to executive compensation.

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