Mike Penstone

Mike Penstone held the position of Vice President Planning at the Hydro One in 2014 and received an annual salary of $300,041.79 as per the records provided by the Government of Ontario.

Year: 2014

Salary: $300,041.79

Position: Vice President Planning

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 Mike Penstone from 1999 to 2014 at Hydro One

Year Salary Benefits Raise Position Employer
2014 $300,041.79 $2,296.38 1.4% Vice President Planning Hydro One
2013 $295,922.00 $2,088.00 -0.9% Vice President Network Development & Regional Planning Hydro One
2012 $298,588.45 $2,088.00 2.2% Vice President Major Project Coordination & External Relations Hydro One
2011 $292,221.84 $2,088.00 3.5% Vice President Major Project Coordination & External Relations Hydro One
2010 $282,255.25 $2,016.00 6.3% Vice President Major Project Coordination & External Relations Hydro One
2009 $265,479.65 $1,975.68 7.5% Vice President Major Project Coordination & External Relations Hydro One
2008 $246,902.95 $1,811.04 3.3% Director, System Investment Hydro One
2007 $238,979.92 $1,479.60 18.2% Director, System Investment Hydro One
2006 $202,191.64 $1,306.80 18.4% Director, System Investment Hydro One
2005 $170,799.55 $983.40 7.5% Mgr., Standards & Policies Dept. Hydro One
2004 $158,878.99 $937.20 1.1% Mgr., Standards & Policies Dept. Hydro One
2003 $157,191.91 $910.80 3.7% Mgr., Standards & Policies Dept. Hydro One
2002 $151,545.76 $910.80 0.1% Mgr., Standards & Policies Dept. Hydro One
2001 $151,401.36 $907.50 12.4% Mgr., Standards & Policies Dept. Hydro One
2000 $134,654.93 $831.60 21.0% Mgr., Integration & Assessments Hydro One
1999 $111,280.05 $750.03 N/A Mgr., Operating Effectiveness Hydro One
Mike Penstone experienced an average yearly salary raise of approximately 7.05% from 1999 to 2014. The salary in 2014 reflects a raise of 169.63% compared to the salary in 1999.
  • Top Salaries at Hydro One in the 2005 Sunshine List
  • President and Chief Executive Officer
    $741,554.25
  • Chief Operating Officer and Executive Vice President Strategic Planning
    $520,312.38
  • Senior Vice President, Operations
    $462,594.81
  • Senior Vice President, Engineering and Construction
    $403,062.16
  • Senior Vice President, Pensions
    $360,714.97