Laura Formusa

Laura Formusa held the position of President & Chief Executive Officer at the Hydro One in 2013 and received an annual salary of $159,500.00 as per the records provided by the Government of Ontario.

Year: 2013

Salary: $159,500.00

Position: President & Chief Executive Officer

Employer: Hydro One

Category of Employment: Hydro One and Ontario Power Generation

Source: Ontario's Sunshine List

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Salary History

The historical salary and taxable benefits of Laura Formusa from 1999 to 2013 at Hydro One

Year Salary Benefits Raise Position Employer
2013 $159,500.00 $0.00 -84.6% President & Chief Executive Officer Hydro One
2012 $1,036,740.38 $2,561.28 7.8% President & Chief Executive Officer Hydro One
2011 $961,963.00 $2,561.28 0.9% President & Chief Executive Officer Hydro One
2010 $953,844.04 $2,472.96 -2.2% President & Chief Executive Officer Hydro One
2009 $975,175.92 $2,469.88 5.5% President & Chief Executive Officer Hydro One
2008 $924,436.94 $2,436.00 16.4% President/Chief Executive Officer Hydro One
2007 $794,299.31 $966.00 71.8% President/Chief Executive Officer Hydro One
2006 $462,272.60 $835.20 -1.1% General Counsel And Secretary Hydro One
2005 $467,568.64 $739.20 6.1% General Counsel/Secretary Hydro One
2004 $440,597.40 $704.00 27.5% VP, General Counsel Hydro One
2003 $345,654.90 $650.10 14.0% VP, General Counsel Hydro One
2002 $303,221.44 $541.20 4.4% VP, General Counsel Hydro One
2001 $290,528.36 $539.00 9.5% General Counsel & Secretary Hydro One
2000 $265,335.72 $514.80 63.4% General Counsel & Secretary Hydro One
1999 $162,335.68 $2,019.41 N/A Assistant General Counsel Hydro One
Laura Formusa experienced an average yearly salary raise of approximately 9.95% from 1999 to 2013. The salary in 2013 reflects a raise of -1.75% compared to the salary in 1999.

Top-earning individuals in the same location, holding identical position

List of the highest-earning President & Chief Executive Officer at Hydro One in 2013

Name Salary Position Employer Year
CARMINE MARCELLO $724,916.83 President & Chief Executive Officer Hydro One 2013
LAURA FORMUSA $159,500.00 President & Chief Executive Officer Hydro One 2013

Top-earning individuals holding identical position in other locations

List of the highest-earning President & Chief Executive Officer in the Ontario's Sunshine List

Name Salary Position Employer Year
THOMAS MITCHELL $1,714,000.04 President & Chief Executive Officer Ontario Power Generation 2013
BARRY MCLELLAN $709,499.97 President & Chief Executive officer Sunnybrook Health Sciences Centre 2013
RUEBEN DEVLIN $498,632.19 President & Chief Executive Officer Humber River Hospital 2013
MARIAN WALSH $487,431.88 President & Chief Executive Officer Bridgepoint Hospital 2013
MATTHEW ANDERSON $484,170.47 President & Chief Executive Officer William Osler Health System 2013
BRUCE CAMPBELL $468,431.09 President & Chief Executive Officer Independent Electricity System Operator 2013
GILLIAN KERNAGHAN $446,720.68 President & Chief Executive Officer St. Joseph's Health Care, London 2013
MARILYN EMERY $446,455.94 President & Chief Executive Officer Women's College Hospital 2013
RIK GANDERTON $442,307.00 President & Chief Executive Officer Rouge Valley Health System 2013
ROBERT DEVITT $425,001.20 President & Chief Executive Officer Toronto East General Hospital 2013
  • Top Salaries at Hydro One in the 2011 Sunshine List
  • CARMINE MARCELLO
    President & Chief Executive Officer
    $724,916.83
  • SANDY STRUTHERS
    Chief Administrative Officer & Chief Financial Officer
    $565,058.60
  • MYLES D'ARCEY
    Senior Vice President, Customer Operations
    $563,001.74
  • PETER GREGG
    Chief Operating Officer
    $562,522.47
  • WAYNE SMITH
    Senior Vice President, Planning & Operating
    $446,618.36