Hydro One

Ontario Public Sector Salary Disclosure - Sunshine List 2008

Salary Name Position
$271,304.30
earned in 2007 		JOHN FORMUSA Vice President, Pension Fund
Hydro One
$269,693.39
earned in 2007 		CARMINE MARCELLO Vice President, Corporate Projects
Hydro One
$262,224.40
earned in 2007 		LESLIE MCKAY Vice President, Business Transformation
Hydro One
$249,247.98
earned in 2007 		LEONARD GROSS Vice President, Engineering
Hydro One
$239,308.82
earned in 2007 		MICHAEL ENGELBERG Assistant General Counsel
Hydro One
$238,979.92
earned in 2007 		MIKE PENSTONE Director, System Investment
Hydro One
$235,348.16
earned in 2007 		ROD CROWN Assistant General Counsel
Hydro One
$233,997.40
earned in 2007 		ANDY PORAY Director, Regulatory Policy & Support
Hydro One
$231,672.44
earned in 2007 		MICHAEL WINTERS Director, Information Technology Operations
Hydro One
$227,131.47
earned in 2007 		GEORGE CARLETON Director, Supply Chain Services
Hydro One
$226,343.58
earned in 2007 		MICHELLE MORRISSEY O RYAN Vice President, Health, Safety & Environment
Hydro One
$224,000.03
earned in 2007 		IAN MALPASS Director, Finance
Hydro One
$216,311.21
earned in 2007 		GREGORY VAN DUSEN Director, Business Integration
Hydro One
$214,248.17
earned in 2007 		ROBERT CULTRARO Director, Pension Fund
Hydro One
$214,180.62
earned in 2007 		PAUL TREMBLAY Director, Network Operating
Hydro One
$212,975.70
earned in 2007 		JUDY MCKELLAR Director, Human Resources
Hydro One
$210,016.71
earned in 2007 		RHONDA WISE Assistant General Counsel
Hydro One
$209,233.11
earned in 2007 		LEN MCMILLAN Director, Provincial Lines
Hydro One
$205,814.38
earned in 2007 		ODED HUBERT Director, Network Strategy
Hydro One
$204,241.64
earned in 2007 		ANDY MAND Director, Engineering
Hydro One
Page 2 of 96 - Total result: 1,908
Published March 2008

Ontario Public Sector Salary Disclosure - Sunshine List 2008

The Public Sector Salary Disclosure Act, 1996 makes Ontario’s public sector more open and accountable to taxpayers. The act requires organizations that receive public funding from the Province of Ontario to make public, by March 31 each year, the names, positions, salaries and total taxable benefits of employees paid $100,000 or more in the previous calendar year.

At SunshineListStats.com, we rank employees from organizations that received public funding from the Province of Ontario and earn over $100,000 per year, including total taxable benefits.

This year's sunshine list includes the top earners in Hydro One, including:

  • Top Salaries at Hydro One in the 2008 Sunshine List
  • LAURA FORMUSA
    President/Chief Executive Officer
    $794,299.31
  • BETH SUMMERS
    Chief Financial Officer
    $521,651.56
  • MYLES D'ARCEY
    Senior Vice President, Customer Operations
    $489,121.92
  • TOM GOLDIE
    Senior Vice President, Corporate Services
    $477,841.79
  • NAIRN MCQUEEN
    Vice President, Engineering & Construction Services
    $383,350.00

2008 Ontario Sunshine List: Hydro One Top Earners

Every year, the Ontario government publishes its annual Sunshine List of public sector servants with six-figure salaries. According to the document, Hydro One's 1,908 staffers made the Sunshine List, earning total compensation of $234,279,560.94 in 2007.

At the top of the Hydro One Sunshine List

Topping the list for the Hydro One was President/Chief Executive Officer LAURA FORMUSA, who brought home $794,299.31 in 2007.

Following LAURA FORMUSA was Chief Financial Officer BETH SUMMERS, with annual earnings of $521,651.56. Senior Vice President, Customer Operations MYLES D'ARCEY made $489,121.92, Senior Vice President, Corporate Services TOM GOLDIE made $477,841.79, and Vice President, Engineering & Construction Services NAIRN MCQUEEN round out the top-five highest-paid employees with $383,350.00 for the Hydro One 2008 Sunshine List.

Breaking down the numbers

Among employees who received more than six-figure salaries in 2007, 715 received earnings between $100,000 and $110,000 followed by 1,035 who received between $110,001 and $150,000 , 115 received between $150,001 and $200,000 , 20 received between $200,001 and $250,000 , 12 received between $250,001 and $300,000 , and 11 received over $300,000 at the Hydro One.

  • Salary breakdown
  • 715 employees made between $100,000 to $110,000
  • 1,035 employees made between $110,000 to $150,000
  • 115 employees made between $150,000 to $200,000
  • 20 employees made between $200,000 to $250,000
  • 12 employees made between $250,000 to $300,000
  • 11 employees made more than $300,000

For a complete list of public sector employees who made the 2008 Sunshine List, go to Sunshine List 2008 Employees List. If you wish to analyze the list by the employer, go to Sunshine List 2008 Employers List.