Hydro One

Ontario Public Sector Salary Disclosure - Sunshine List 2012

Salary Name Position
$122,410.40
earned in 2011 		MERNAZ FOSTER Manager, Project Report & Analysis
Hydro One
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Published March 2012

Ontario Public Sector Salary Disclosure - Sunshine List 2012

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 2012 Sunshine List
  • LAURA FORMUSA
    President & Chief Executive Officer
    $961,963.00
  • SANDY STRUTHERS
    Executive Vice President, Finance & Chief Financial Officer
    $519,771.30
  • MYLES D'ARCEY
    Senior Vice President, Customer Operations
    $493,656.15
  • CARMINE MARCELLO
    Executive Vice President, Strategy
    $477,219.35
  • PETER GREGG
    Executive Vice President, Operations
    $471,980.33

2012 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 3,299 staffers made the Sunshine List, earning total compensation of $417,432,989.00 in 2011.

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 $961,963.00 in 2011.

Following LAURA FORMUSA was Executive Vice President, Finance & Chief Financial Officer SANDY STRUTHERS, with annual earnings of $519,771.30. Senior Vice President, Customer Operations MYLES D'ARCEY made $493,656.15, Executive Vice President, Strategy CARMINE MARCELLO made $477,219.35, and Executive Vice President, Operations PETER GREGG round out the top-five highest-paid employees with $471,980.33 for the Hydro One 2012 Sunshine List.

Breaking down the numbers

Among employees who received more than six-figure salaries in 2011, 847 received earnings between $100,000 and $110,000 followed by 2,084 who received between $110,001 and $150,000 , 312 received between $150,001 and $200,000 , 31 received between $200,001 and $250,000 , 11 received between $250,001 and $300,000 , and 14 received over $300,000 at the Hydro One.

  • Salary breakdown
  • 847 employees made between $100,000 to $110,000
  • 2,084 employees made between $110,000 to $150,000
  • 312 employees made between $150,000 to $200,000
  • 31 employees made between $200,000 to $250,000
  • 11 employees made between $250,000 to $300,000
  • 14 employees made more than $300,000

For a complete list of public sector employees who made the 2012 Sunshine List, go to Sunshine List 2012 Employees List. If you wish to analyze the list by the employer, go to Sunshine List 2012 Employers List.