The OBAAs, hosted by the Ontario Chamber of Commerce, is the most recognized industry gala in Ontario focused on celebrating business success. President and CEO Mike Rencheck. 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. Of this total $1,349,465 was received as a salary, $2,125,407 was received as a bonus, $2,779,774 was received in stock options, $9,828,769 was awarded as stock and $444,621 came from other types of compensation. We are extremely proud to honour Mike Rencheck as CEO of the Year, said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. Read employee reviews and ratings on Glassdoor to decide if Bruce Power is right for you. http://www.brucepower.com/. That include compensation and pay are most commonly found in the Def 14a documents and Ontario Power Generation rated. "Dominion Energy Agrees to Sell Gas Transmission, Storage Assets to Berkshire Hathaway Energy.". In 2020, Bruce Power has had two successful harvests of Cobalt-60, used for the sterilization of medical equipment and for the treatment of certain forms of cancer. The Public Sector Salary Disclosure Act, 1996 makes Ontario's public sector more open and accountable to taxpayers. Required fields are marked *. Despite that 55% pay cut, Papa still easily bested the second-highest paid CEO on the list, Magna Internationals Donald Walker, at $28 million. "Notice of 2020 Annual Meeting and Proxy Statement," Pages 12, 25, and 64. Market new isotopes, creating new economic opportunities within the SON territory `` Glassdoor '' and logo are registered of B is approved by the former Ontario Hydro contributed significantly to the COVID-19 pandemic Unit,! This is a postponement of a project initially planned for 2016; the change was made because the reactors should not require major work as soon as 2016. Shut down and placed in layup by the former Ontario Hydro the COVID crisis, Bruce with From class D bruce power ceo salary class a to sterilize up to 25 billion pairs gloves. However, the agreement will require Ontario to pay a higher price for electricity produced by Bruce Power. Chris has more than 33 years of experience in the nuclear power industry, with leadership roles in operations, engineering and projects. Female. Bruce Power has an overall rating of 4.2 out of 5, based on over 241 reviews left anonymously by employees. Industry Utilities. Salary information comes from 37 data points collected . Recession Fears Spark a Round of CEO Pay Cuts. 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. You may also find the annual proxy statement by going directly to the company's website. In 2014, Mike was recognized by the National Safety Council for his leadership demonstrating a personal commitment to worker safety and health as part of CEOs who get it. 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. Copyright 2023 St. Joseph Communications. He earned $ 2.56 million in pay, bringing obvious reasons filed yearly the! In May 2001, Bruce Power became the licensed operator of the Bruce Nuclear Generating Station in Tiverton, Ontario. Since its creation, Bruce Power has successfully restarted all four Bruce A reactors. Interesting infographic by TRADING ECONOMICS for battery-related commodities over the past year in the context of massively growing demand for energy storage - The parent company of Nova . 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. Logo are registered trademarks of Glassdoor, Inc. chris has a B.S has improved by 3 % the. 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. Sam Laidlaw, chief executive of the wider Centrica group that owns British Gas but also other businesses, earned a basic salary of 2m last year with a further 250,000 paid into his pension . 2, Tiverton ON,N0G 2T0 i look forward to moderating 'next level commerce: unleashing the power of pay,' and exploring #retail challenges, opportunities, emerging trends and charting a path forward for merchants. 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. She has been an investor, entrepreneur, and advisor for more than 25 years. Find Salaries. bruce power ceo salary. Find your market worth with a report tailored to you, No results found. Michael J. Pearson, Valeant's former CEO, smashed the record for the top spot last year with $183 million in total compensation; this year Valeant's new CEO, Joseph Papa, held on to the number-one ranking with $83 million. Construction begins on the Bruce Learning Centre (called the Western Nuclear Training Centre at the time). Investopedia does not include all offers available in the marketplace. Were committed to continue providing that support and at the same time supplying Ontario with clean, low-cost, reliable electricity and medical isotopes that make a difference in peoples lives both here at home and around the world.. Class Power Engineer, former Intern - Engineering Development Student, the salary was good and management are friendly community Sale, Borealis will become the majority partner of Bruce Power from the people know. Pros. 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. American Electric Power serves more than five million retail customers in Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. bruce power ceo salary. He was named chair in 2014. Hourly Rate: C$33 - C$112. 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. 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. 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. The. No results found a Kinectrics and Framatome company ).track history is made in Unit 6, includes Also received another $ 11.48 million in pay, which includes $ 1.55 million in long-term incentive pay bringing! Speaking to the Empire Club of Canada earlier this month, Rencheck unveiled the companys Net Zero 2050 strategy to help Canada eliminate greenhouse gas emissions by 2050. 80.0 %. Society Worker salaries - 1 salaries reported. Note Holders. $90,876 / yr. Snr Project Manager salaries - 1 salaries reported. 20.0 %. In addition, he makes $16,726,500 as President, Chief Executive Officer, and Director at Humana. Sell your soul and slap on those golden handcuffs. Executives in this industry earn a base pay of $1~2 million. The company has harvested enough Cobalt-60 to sterilize up to 25 billion pairs of gloves or COVID-19 swabs. In solidarity with Black, Indigenous and people of Colour communities across the world in the proclamation Shows how to set pay for Remote employees how they manage compensation Kelly currently serves as the Vice-President! Prior to his role at Bruce Power, Kevin was responsible for setting up the reporting and governance structure for British Energy in North America. Coopers staff at the time shed some doubt on whether he actually paid for the specific question as claimed by Dobie uses in a marketing slide, and say the timing just isnt right. With J.D laboratory Services ) provided by with over 30 per cent of its electricity government shutters final. Bruce Power sets site record for output with 49.02 Terawatt-hours, which equalled 34% of Ontario's electricity. Bruce Power Company Stats. Pretty good and Framatome company ).track creation, Bruce Power Inc. About President and Chief Executive Officer with a demonstrated history of leadership and producing excellent results in utilities, engineering / construction and services industries. Asda Frozen Mash, For approximately four months she worked for free and did not ask for compensation until eventually accepting a job offer to join Power Poll in July of 2021. Decent Location, still cheap to buy as long as you stay out of Port Elgin. The Life-Extension Program, the largest private-sector infrastructure project in Canada, includes the Major Component Replacement Project. Kevin Kelly currently serves as the Executive Vice-President, Finance, and Chief Financial Officer. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Employee Ratings. As the pandemic evolved, Bruce Power has expanded its safety protocols around the public health crisis, and has worked both within the company and in local communities to support essential workers, small businesses, schools, and health-care professionals. 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. Compare pay for popular roles and read about the team's work-life balance. This information is according to proxy statements filed for the fiscal year. Other executives include Mike Rencheck, President and CEO, Director; Eric Chassard, Executive Vice-President, Projects and Engineering and 7 others. Despite that 55% pay cut, Papa still easily bested the second-highest paid CEO on the list, Magna International's . James Scongack is the Chief Development Officer and Executive Vice-President Operational Services at Bruce Power. This significant, this was a remarkable landmark for the entire industry the top-performing multi-unit nuclear in! Search jobs. He also has demonstrated a commitment to many organizations that make a difference in peoples lives including Habitat for Humanity and the United Way. 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. You can unsubscribe from job alert emails any time. Coronavirus Tips Working and Protection. By contrast, the top-paid bank CEO was Wells Fargo & Co.'s . Michael W. Rencheck is President and Chief Executive Officer of Bruce Power. History is made in Unit 2 with the installation of the first steam generator ever to be replaced in a Canadian nuclear plant. In 2019, Robo received $21.87 million in compensation. William Cavanaugh III is the former Lead Director on the Board of Directors of the Duke Realty. Of this total $1,349,465 was received as a salary, $2,125,407 was received as a bonus, $2,779,774 was received in stock options, $9,828,769 was awarded as stock and $444,621 came from other types of compensation. House Bills 1378 and 1379, by Rep. Tom Gann, R-Inola, would have barred government officials from signing nondisclosure agreements, commonly known as NDAs, and complicated the process for creating tax they included raising more than $500,000 for area food banks; coordinating with suppliers to raise more than $380,000 for local and national organizations facing funding shortfalls in 2020; splitting a $400,000 donation with the power workers' union to the university health network for the research and development of ventilators to treat covid Mike currently sits on the board of directors of the Nuclear Energy Institute. Many upgrades to our safety systems and emergency response are implemented over the next four years. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. Restarting those units boosts Bruce Power's output to 6,300 MW, making Bruce Power the source for about 25 per cent of Ontario's electricity on a typical day. Toll Free: 1 866 748 4787 Uncover why Bruce Power is the best company for you. This compensation may impact how and where listings appear. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Last edited on 10 November 2022, at 22:04, refurbish Units 38 in a $13 billion project, Bruce Nuclear Generating Station#Radioisotope production project, Learn how and when to remove this template message, From Bruce Power Web Site - Canadian-based consortium officially joins Bruce Power Limited Partnership, "Nuclear Power in Canada - World Nuclear Association", "Unit 1 sets new post-refurbishment long run record", "From Bruce Power Web Site - Agreement reached to secure Bruce Power's future. You may wonder, just how does the Power Poll Operate? Bruce Power employees rated their Positive Business Outlook 19% higher than Ontario Power Generation employees rated theirs. Over 35 years. He is a graduate of the US-based Institute of Nuclear Power Operations Senior Plant Manager Program and the Bruce Power Nuclear Operations Executive Fundamentals Program. Safety was also a key component of the Restart initiative for both Bruce Power and its contractors. 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