Hydro One

Ontario Public Sector Salary Disclosure - Sunshine List 2008

Salary Name Position
$794,299.31
earned in 2007
LAURA FORMUSA President/Chief Executive Officer
Hydro One
$521,651.56
earned in 2007
BETH SUMMERS Chief Financial Officer
Hydro One
$489,121.92
earned in 2007
MYLES D'ARCEY Senior Vice President, Customer Operations
Hydro One
$477,841.79
earned in 2007
TOM GOLDIE Senior Vice President, Corporate Services
Hydro One
$383,350.00
earned in 2007
NAIRN MCQUEEN Vice President, Engineering & Construction Services
Hydro One
$382,690.40
earned in 2007
GEOFF OGRAM Vice President, Asset Management
Hydro One
$354,685.60
earned in 2007
WAYNE SMITH Vice President, Grid Operations
Hydro One
$338,655.64
earned in 2007
RICK KELLESTINE Vice President, Culture
Hydro One
$329,410.10
earned in 2007
ALI SULEMAN Vice President/Treasurer
Hydro One
$316,086.43
earned in 2007
PETER GREGG Vice President, Corporate & Regulatory Affairs
Hydro One
$306,745.01
earned in 2007
SANDY STRUTHERS Chief Information Officer
Hydro One
$298,132.46
earned in 2007
STEVE STROME Vice President, Labour Relations
Hydro One
$297,431.16
earned in 2007
MIKE SHEEHAN Vice President, Facilities & Real Estate
Hydro One
$296,385.84
earned in 2007
SUSAN FRANK Vice President/Chief Regulatory
Hydro One
$290,955.22
earned in 2007
KAREN NEWMAN Corporate Controller
Hydro One
$284,261.93
earned in 2007
VINCE ALICANDRI Vice President, Corporate Tax
Hydro One
$279,473.22
earned in 2007
PAUL MARCHANT President/Chief Executive Officer, Hydro One Telecom
Hydro One
$278,873.75
earned in 2007
JOHN FRASER Vice President, Internal Audit/Chief Risk Officer
Hydro One
$278,663.79
earned in 2007
STEVE DOREY Vice President, External Relations
Hydro One
$272,887.69
earned in 2007
JOSEPH AGOSTINO General Counsel
Hydro One
Page 1 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
  • President/Chief Executive Officer
    $794,299.31
  • Chief Financial Officer
    $521,651.56
  • Senior Vice President, Customer Operations
    $489,121.92
  • Senior Vice President, Corporate Services
    $477,841.79
  • 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.