TransAlta Corp. is bringing on a seasoned Engie executive as cfo, six months after the previous holder of the position, Donald Tremblay, left the company.
The appointee, Christophe Dehout, was most recently project director and deputy head of performance and group transformation at Engie in Paris, where he oversaw the carve out and sale of the company's upstream LNG business to Total, which closed earlier this year.
"Christophe brings extensive financial and strategic experience,” said Dawn Farrell, president and ceo of Engie, in a statement. “This, combined with his deep knowledge of the global power market will be pivotal as we transform the company and transition to clean power by 2025."
During his 20 years at Engie, Dehout held a string of senior finance positions as the company pivoted from coal- and gas-fired generation to renewables.
He joined Tractabel, a predecessor company of Engie, from Belgium's Generale de Banque in 1998, and was appointed head of global project finance in 2001 before being promoted to head of corporate finance at what was then known as GDF Suez in 2008.
He has also held senior positions at GDF's Dutch subsidiary and in the company's Europe-wide energy marketing and sale business.
Brett Gellner, who had been filling in as interim cfo since May, has returned to his role as chief strategy and investment officer. He was also Tremblay's predecessor, having served as cfo from 2010 to 2014.
Tremblay decided to leave Calgary-based TransAlta to be closer to his family, according to the developer's first quarter earnings report. He has relocated to Montréal, where he is cfo at the Iron Ore Company of Canada.