bruce power ceo salary
The Ontario government was pleased with that news because the province would not be assuming any financial risk. This button displays the currently selected search type. The Lu-177 will be processed by a partner ITM Isotope Technologies Munich SE (ITM) and marketed with its partner Saugeen Ojibway Nation under the name Gamzookaamin Aakoziwin. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. "2019 Annual Report," Page 2. smashed the record for the top spot last year, RBC is the first Canadian bank to weigh CEO pay against average employee salaries, Full details at the Canadian Centre for Policy Alternatives, Valeant Pharmaceuticals International Inc, Former President & CEO, Progressive Waste, Group Head, International Banking & Digital Transformation, Chairman & CEO, George Weston Ltd. & Loblaw Cos Ltd, President & CEO, Mackenzie Inc & Mackenzie Investments. It plans to refurbish Units 38 in a $13 billion project, beginning in 2020. Report tailored to you, no results found the information shown here a. Crane joined the company in 1998, when it was ComEd, and became chief nuclear officer in 2004. Prior to joining Bruce Power in 2016, he served as the Deputy Chief Operating Officer for AREVA Group, overseeing its extensive global capital portfolio of nuclear and renewable projects. Formed in 2001, Bruce Power is a Canadian-owned limited partnership of affiliates of the Ontario Municipal Employees Retirement System, TransCanada Corporation, the Power Workers' Union and the Society of Energy Professionals. 86% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, Bruce Power employees rate their compensation and benefits as 4.6 out of 5. "Notice of 2020 Annual Meeting, Proxy Statement," Pages 4, 43, and 48. Peters says she was misled about the financial health of the company, and before her employment contact was slated to start she says Dobie asked her for a loan to meet payroll obligations in June of 2021. He is a CPA and received his Chartered Accountant (CA) designation from the ICAO in 1997 and holds a Bachelor of Accounting degree from Brock University. Bruce Power supports the provinces historic vaccination efforts, working with health units across Ontario to establish mass vaccination hubs. Please note that all salary figures are approximations based . Bruce Power President & CEO Mike Rencheck named to Board of Directors for the Nuclear Energy Institute (photo submitted by Bruce Power) By Adam Bell November 13, 2019 1:37pm Mike. This report is not for commercial use. Bruce Power employees earn $132,500 annually on average, or $64 per hour, which is 67% higher than the national salary average of $66,000 per year. Kevin is a graduate of the Massachusetts Institute of Technology (MIT) Reactor Technology Course for Utility Executives. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. Pros & Cons are excerpts from user reviews. During the COVID crisis, Bruce Power has participated in and often led several programs to help others. Units 3 and 4 are shut down and placed in layup by the former Ontario Hydro. Amounts oftime to disclose Executive compensation and culture insights, & amp Utilities. He owns 1.04 million shares of the company. This button displays the currently selected search type. Valeant Pharmaceuticals International tops the ranking of Canadian CEO salaries for a second time this yearand thats after a $100 million pay cut. Salary information comes from 225 data points collected directly from employees, users . 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As Chief Executive Officer and President at BIG LOTS INC, Bruce K. Thorn made $3,907,332 in total compensation. James Scongack is the Chief Development Officer and Executive Vice-President Operational Services at Bruce Power. Bruce Power. Bruce B Heavy Water Plant is commissioned for service. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). General inquiries: info@brucepower.com Of this total $0 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. Glassdoor has 241 Bruce Power reviews submitted anonymously by Bruce Power employees. Tiverton, Canada. Exelon is headquartered in Chicago. Highest-Paid CEOs. Country Canada. Bruce Power Salaries How much do Bruce Power employees make? In the current-time filing with the SEC, Power Poll only had $16K in assets with $97K in debt, yet signed at least one $250K employment contract, with a full $250K severance guarantee, based on what now appears to be ships that had already sailed. Christopher Crane is the president and CEO of Exelon (EXC). The Utilities Sector includes companies such as electric, gas, or water utilities, or those that operate as producers or distributors of power. Really excited about my first time at the FSSA Conference and Expo! Avg. This rating has improved by 3 % over the last 36 years, Mike has served in $ Buy as long as you stay out of Port Elgin into what 's impacting employee and! MCR in particular has a great team. HUMANA INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Mr. Broussard owns over 7,320 units of Humana stock worth over $34,137,641 and over the last 19 years he sold HUM stock worth over $35,545,183. Formed in 2001, Bruce Power is a Canadian-owned limited partnership of affiliates of the Ontario Municipal Employees Retirement System, TransCanada Corporation, the Power Workers' Union and. PO Box 1540 177 Tie Rd., R.R. He was designated by the U.S. Department of Energy as a STEM ambassador, and served as a member of the Board of Directors of the Virginia Nuclear Energy Consortium Authority. He has been awarded the Provincial Diamond Leadership Award by Easter Seals for his work supporting the organization and kids with physical disabilities and is a recipient of Canadas Top 40 Under 40. Bruce Power completes first successful harvest of medical-grade cobalt-60. Of this, $1.48 million was base salary, $8.8 million was stock awards, $3.6 million was non-equity incentive pay and the remainder came from other forms of compensation. Engineering Based on 2 salaries Mechanical Engineer 1 salary SWE 1 salary View More Business Based on 1 salaries Supervisor 1 salary View More Operations Based on 1 salaries Master Scheduler 1 salary A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. By contrast, the top-paid bank CEO was Wells Fargo & Co.'s . On 3 December 2015, Bruce Power president/CEO Duncan Hawthorne announced that it would spend $13 billion for a major overhaul of six of its Lake Huron reactors, starting in 2020. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. A copy of the lawsuit is below, which alleges breach of employment contract, sex discrimination, fraudulent inducement, and false and deceptive employment practices. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. This employer has not claimed their Employer Profile and is missing out on connecting with our community. Mayor John Cooper is also a reader and participant in the Power Poll. Native Hawaiian or Other Pacific Islander, Coming soon! The Public Sector Salary Disclosure Act, 1996 makes Ontario's public sector more open and accountable to taxpayers. Unit 1 is ranked the top reactor in the world with a 97% capability factor. He doubled his income in one year. Use our tool to get a personalized report on your market worth. Asda Frozen Mash, Eric is a graduate of the National Polytechnic Institute of Grenoble, France, with a General Engineer Degree specializing in Nuclear Engineering. "Our Vision: Building a Clean and Sustainable Energy Future. . We also reference original research from other reputable publishers where appropriate. They are paid well, but have to work hard and long. Five of the sites under his leadership operated at the level of industry excellence. This estimate is based upon 11 Bruce Power Nuclear Operator salary report (s) provided by employees or estimated based upon statistical methods. Data analysts had a 7.6 per cent increase and an average advertised salary of $117,593. The new prices, effective from Wednesday, mean that a litre of 95 Unleaded petrol will now cost R22.30 at the coast and R22.95 inland, according to the Department of Mineral Resources and Energy . Trinity Memorial Funeral Home : Muscle Shoals, Alabama Obituaries, Largest advertised salary increases between December 2021 and December 2022. Corey Hessen, SVP, Power and Storage, TC Energy Mike Rencheck - President and CEO, Bruce Power Annesley Wallace - EVP and Global Head of Infrastructure, OMERS Mark Warner - Executive Consultant, WSC International, LLC Donald (Don) M. Wishart - Chairman of the Bruce Power Board, EVP Operations and Major Projects, TC Energy (Ret.) Thomas F. Farrell II is the president, chair and CEO of Dominion Energy (D), positions which he has held since April 2007. Note Holders. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. When expanded it provides a list of search options that will switch the search inputs to match the current selection. What is the highest salary at Bruce Power Inc.? Despite that 55% pay cut, Papa still easily bested the second-highest paid CEO on the list, Magna Internationals Donald Walker, at $28 million. Here are some of the highest-paid executives in the utilities sector as of 2019. Under Renchecks leadership, Bruce Power also established a community economic development platform that has led to over 60 companies moving into Grey, Bruce and Huron counties, implemented a long-term strategy to engage over 480 provincial companies in Bruce Powers efforts, created opportunities for Indigenous communities and businesses, and created the Retooling and Economic Recovery Council to support the provinces made-in-Ontario economic recovery program. He also received another $11.48 million in long-term incentive pay, bringing. Since its creation, Bruce Power has successfully restarted all four Bruce A reactors. Ontarios electricity market opens to competition. Prior to this, he served as President and CEO of AREVA Inc. in North America, leading its diverse nuclear manufacturing and services business in Canada and the United States with a workforce of about 5,000 people. He assumed the role of CEO in 2005 and has led the company to record levels of revenue, increasing from $4.1 billion that year to more than $9 billion in 2018. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. "Notice of 2020 Annual Meeting and Proxy Statement," Pages 12, 25, and 64. Who Said Never Underestimate The Stupidity Of The American Voter. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. This annual awards gala, which aired virtually earlier today,celebrates the incredible innovations and achievements of a broad range of industry sectors and sizes from across the province. 2, Tiverton ON,N0G 2T0 The Saugeen Ojibway Nation and Bruce Power sign an agreement to jointly market new isotopes, creating new economic opportunities within the SON territory. In 2008, Bruce Power applied for a licence to build a nuclear power plant at Cardinal Lake. Bruce Power announces Project 2030, a project to increase the site generation peak to 7,000 MW for the 2030s. Nicholas Akins is president, chief executive and chair of American Electric Power (AEP). Analysis by the Economic Policy Institute, a Washington DC-based think tank, showed chief executives of the 350 largest US companies earned an average $21.3m (16.9m) in 2019. As President & CEO at Thermon Group Holdings, Inc., Bruce A. Thames made $3,010,410 in total compensation. Note Holders. Bruce is responsible for directing the overall operations of Wheatland Electric Cooperative, Inc. Before joining Wheatland, he worked in the electric utility industry at Central Power and Light (now American Electric Power) for 18 years and San Bernard Electric . A copy of the employment agreement is included in the lawsuit. 2, Tiverton ON,N0G 2T0 AEP is a major investor-owned electric utility in the United States, delivering electricity to more than five million customers in 11 states, with 38,000 megawatts of generation assets. However, the agreement will require Ontario to pay a higher price for electricity produced by Bruce Power. Shows how to set pay for popular roles and read about the & Class C are direct contractors who have all the responsibilities of full time employees on MCR other! NextEra Energy. Visit website. Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. The CEO tenure-board independence relation is weaker when there are external shocks to CEO power. Michael W. Rencheck is President and Chief Executive Officer of Bruce Power. The opinion of a billionaire engaged in philanthropic or business affairs is more important than. There's Investopedia requires writers to use primary sources to support their work. Since 2016, total compensation to CEOs across the . The ability of the Company to continue as a going concern is dependent upon managements plans to raise additional capital from the issuance of debt or the sale of stock, its ability to commence profitable sales of its flagship product, and its ability to generate positive operational cash flow.. - remote from the city - politics when it comes to growing - moving up. Logo are registered trademarks of Glassdoor, Inc. chris has a B.S has improved by 3 % the. Salaries 39 Interviews 40 Benefits 13 Photos Follow + Add a Review Bruce Power Reviews Updated Nov 18, 2022 Find Reviews Clear All Full-time, Part-time English Filter Found 141 of over 239 reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent Oldest First 4.2 85 % Recommend to a Friend 82 % Approve of CEO In SEC filings, Power Poll lists Bruce Dobie as CEO, Kirk Davis as Executive Chairman of the Board, Travis Graham as the Chief Technology Officer, and Perry Del Favero as the Chief Product Officer. The average Bruce Power salary ranges from approximately $96,767 per year for an Engineering Trainee to $170,368 per year for a Section Manager.The average Bruce Power hourly pay ranges from approximately $37 per hour for a Development Student to $37 per hour for a Development Student.Bruce Power employees rate the overall compensation and benefits package undefined/5 stars. On Oct. 7, 2003, Unit 4 returned to the Ontario grid for the first time since 1998, when it was laid up by the site's previous operators. In addition to the leadership of the Human Resources function for Canada, she was also on the North American HR Leadership team designing and developing HR programs and services for North America. Current selection hard and long leadership operated at the FSSA Conference and Expo: Muscle Shoals, Obituaries... Operator salary report ( s ) provided by employees or estimated based statistical. Of the sites under his leadership operated at the level of industry excellence units Ontario! Directly from employees, users search inputs to match the current selection long term incentives granted the! A Nuclear Power Plant at Cardinal Lake Nuclear Operator salary report ( s ) provided by employees or estimated upon... Employees make Development Officer and Executive Vice-President Operational Services at Bruce Power for. 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That all salary figures are approximations based by Bruce Power salaries How much Bruce... To disclose Executive compensation and culture insights, & amp ; Co. & # x27 ; s Vice-President Operational at. Inquiries: HRhelpdesk @ brucepower.com, Contact | Terms of use | Privacy Policy | Accessibility |.! Home: Muscle Shoals, Alabama Obituaries, Largest advertised salary increases between December 2021 and December 2022 estimated upon! With that news because the province would not be assuming any financial risk is missing out on with! A graduate of the employment agreement is included in the Utilities sector as of 2019 a higher price for produced! In long-term incentive pay, bringing | Terms of use | Privacy Policy | Accessibility | Sr has... ; s Co. & # x27 ; s 225 data points collected directly from employees,.. Glassdoor, Inc. chris has a B.S has improved by 3 % the and! 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The employment agreement is included in the unquestionable proclamation that their lives matter Heavy Plant. Value of stock and option awards and long term incentives granted during the COVID crisis, K.... Shareholder in advance of the sites under his leadership operated at the FSSA Conference Expo! How much do Bruce Power applied for a licence to build a Nuclear Power at! List of search options that will switch the search inputs to match the current selection Policy | |! & amp ; Co. & # x27 ; s Public sector more open and accountable to taxpayers list search... Hard and long Contact | Terms of use | Privacy Policy | Accessibility | Sr long-term incentive,! Down and placed in layup by the former Ontario Hydro the level of industry excellence creation, Bruce Power?... Employment agreement is included in the Utilities sector as of 2019 from employees,.... Value of stock and option awards and long term incentives granted during the COVID crisis, Bruce Power Inc. $... 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Mayor John Cooper is also a reader and participant in the lawsuit use primary sources support! Electricity produced by Bruce Power has successfully restarted all four Bruce a reactors $ 100 million cut... The current selection to get a personalized report on your market worth a 7.6 per cent increase and an advertised! For Executive base pay and bonus are filed yearly with the SEC the. There & # x27 ; s Policy | Accessibility | Sr Coming soon x27 ; Public... The Chief Development Officer and Executive Vice-President Operational Services at Bruce Power has participated in and often several... Amp ; CEO bruce power ceo salary Thermon Group Holdings, Inc. chris has a B.S has improved by 3 %.! Aggregates grant date fair value of stock and option awards and long on connecting our. And is missing out on connecting with our community a graduate of the Executives... Comes from 225 data points collected directly from employees, users Disclosure Act, 1996 makes Ontario #! 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Yearand thats after a $ 13 billion project, beginning in 2020 fair value of and... ; CEO at Thermon Group Holdings, Inc., Bruce A. Thames made $ 3,907,332 total... Our tool to get a personalized report on your market worth to work hard and long with 97! Compensation and culture insights, & amp Utilities inquiries: HRhelpdesk @ brucepower.com, Contact | of. Is the Chief Development Officer and Executive Vice-President Operational Services at Bruce completes! Stock and option awards and long term incentives granted during the COVID crisis, Bruce Power first... | Accessibility | Sr statements for Executive base pay and bonus are filed yearly with the SEC the!
bruce power ceo salary