bruce power ceo salary

Average Bruce Power hourly pay ranges from approximately $80.00 per hour for Quality Control Manager to $90.00 per hour for Program Manager. Cathy graduated from Mount Saint Vincent University, holds a Bachelor of Commerce from St. Marys University and a Master of Business Administration from Athabasca University. In this role, James is responsible for operational services at Bruce Power the Worlds largest operating nuclear facility and Canadas largest private sector clean energy infrastructure project. Bruce Power's Leadership Team is responsible for more than 4,000 employees who work to provide Ontario with over 30 per cent of its electricity. Power Poll boats one of their most successful sponsored questions was purchased by then Metro Council Member, now Mayor of Nashville, John Cooper (slide below). It is the largest operating nuclear plant in the world by output (Kashiwazaki is currently closed in Japan). Following the initial Bruce A Restart project (initiated during the British Energy incumbency) to return to service of Units 3 and 4 (completed in 2003/04), Units 1 and 2 underwent a multibillion-dollar refurbishment after years of dormancy. Bruce Gray salary at Ontario Power Generation | All things Ontario Sunshine List Bruce Gray Salary: $126,420.19 Year: 2021 Position: Training Technician - Conventional Safety Employer: Ontario Power Generation Category of Employment: Ontario Power Generation Search by name Search by position Ontario Power Generation - 2018 List Employee List Late in 2011, Bruce Power announced it had decided against advancing the proposal. Eric also holds a post-graduate diploma in nuclear reactor physics from the National Institute of Sciences and Nuclear Technology of Grenoble, France. 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Earlier in his career, Mike worked at Public Service Electric & Gas Company Salem Nuclear Generating Station as Director of System Engineering and Duquesne Light Companys Beaver Valley Power Station. [6] Chief Executive Officer Duncan Hawthorne travelled to Peace River, Manning and Grimshaw, Alberta to personally inform the communities that Bruce Power had initiated a process to consider building western Canada's first nuclear power plant. Bruce Power Salaries How much do Bruce Power employees make? (Chris Young/CP). Salary information comes from 37 data points collected . This years average CEO salary among the top 100 highest-paid executives topped$10.4 million, which is 209 times the annual wage of an average Canadian. 2, Tiverton ON,N0G 2T0 We are extremely proud to honour Mike Rencheck as CEO of the Year, said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. Eric is a graduate of the National Polytechnic Institute of Grenoble, France, with a General Engineer Degree specializing in Nuclear Engineering. Plans are announced for four nuclear reactors at Bruce A, as well as a Heavy Water Plant. 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. Bruce Power supports the provinces historic vaccination efforts, working with health units across Ontario to establish mass vaccination hubs. It will take you 5-10 years to get from class D to class A. Other executives include Mike Rencheck, President and CEO, Director; Eric Chassard, Executive Vice-President, Projects and Engineering and 7 others. - Strong Safety Culture Having problems? Viewed 18,755 times Apply Online This estimate is based upon 11 Bruce Power Nuclear Operator salary report (s) provided by employees or estimated based upon statistical methods. A, B, C, and D. Class D are the folks who work for a vendor and they are treated like drones and paid poorly. 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. 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. Bruce Powers Life-Extension Program officially begins on Jan. 1, 2016. Not related to the company obviously. Bruce Dobie Power Poll lawsuit Nashville Scoop Nashville, Brittany Nicole Eakes charged in theft of $4800 in gift cards from Walgreens, Adam Donato makes death threat after being kicked out of downtown Nashville bar, Funeral Director Melvin Smith fires warning shot after disagreement over pothole repair work, Brandon Howard charged with P80 ghost gun and theft of 2022 Camry, Californias Christian Montion-Dominguez drunk and disorderly at the Holiday Inn Express, Dustan Conley bounced from Kid Rocks bar on Friday the 13th. PO Box 1540 177 Tie Rd., R.R. Former Employee - 4th Class Power Engineer, Former Intern - Engineering Development Student, The salary was good and management are friendly. Find your market worth with a report tailored to you, No results found. 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. Unit 2 at Bruce A is shut down and placed in layup by the former Ontario Hydro. The information shown here is a reporting of information included in the company's proxy statement. 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. - Strong Safety Culture 86% of employees would recommend working at Bruce Power to a friend and 90% have a positive outlook for the business. Glassdoor has 241 Bruce Power reviews submitted anonymously by Bruce Power employees. Find out what works well at Bruce Power from the people who know best. Unit 1 is ranked the top reactor in the world with a 97% capability factor. More recently, he was part of the Bruce Power team which successfully negotiated a long-term commercial framework with the Province of Ontario enabling the life extension of the facility up to 2064. General inquiries: info@brucepower.com This report is not for commercial use. At Areva, Eric also held a variety of senior roles including Operations Manager, Safety and Product Engineer, Project Manager of the Celestin reactors life extension, Productivity Improvement Director, Vice-President for the Fuel Business and Executive Vice-President of Shaw AREVA MOX Services, LLC. "Bruce has been a great leader. This rating has been stable over the past 12 months. Dobie also stated he was in the process of using SeedInvest to raise $250,000 for the company to help scale, however, Peters says she had already been made aware that he was unable to obtain the desired financing through SeedInvest weeks earlier as the entire round of funding flopped, which was confirmed by recent financial disclosure. Board of Directors in CLECO POWER LLC Mike Rencheck is President/CEO at Bruce Power LP. Bruce Units 1 and 2 are placed in service. The Bruce A Heavy Water Plant is placed in service. Coronavirus Tips Working and Protection. Read reviews from current employees that include compensation and culture insights. According to anonymously submitted Glassdoor reviews, Bruce Power employees rate their compensation and benefits as 4.6 out of 5. Despite that 55% pay cut, Papa still easily bested the second-highest paid CEO on the list, Magna Internationals Donald Walker, at $28 million. St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. The Ontario government shutters its final coal plant, in what is considered the largest clean-air initiative in North America. 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. Bruce Power has worked hard to build strong roots in Ontario and is committed to protecting the environment and supporting the communities in which we live. CEO Pay Ratio For its 2019 fiscal year, CLECO POWER LLC, listed the following CEO pay ratio data on its annual proxy statement to the SEC. The reports author, CCPA Senior Economist David Macdonald, said the growing gap between CEOs and the average employee is particularly stark as several of these business leadersLoblaw Cos. CEO Galen G. Weston, for instancehave been vocal opponents of raising the minimum wage. - Work can feel repetitive The Bruce Power site at Tiverton is the world's largest nuclear generating facility. Canadas corporate executives were among the loudest critics of a new fifteen dollar minimum wage in provinces like Ontario and Alberta, meanwhile the highest paid among them were raking in record-breaking earnings, Macdonald said in a news release. Faced with the largest surplus capacity of electricity in its history, Ontario Hydro defers decision made in previous year to retube Unit 2. Five co-sponsor positions are also available each month for $750 $2000, and an interested party can purchase a sponsored poll question for $2,000 during each monthly poll. Bruce Power LP Visit website 177 Tie Rd PO Box 1540 Tiverton, ON N0G 2T0 Established in 1960, Bruce Power LP is a private nuclear generating company in Ontario. Bruce Power is a leading supplier of medical isotopes that are used worldwide in cancer-fighting treatments and sterilization of medical devices. Inefficient union workers. In a financial statement, the companys accountant discloses: The Company has incurred significant losses from inception of approximately $(403,366) which, among other factors, raises substantial doubt about the Companys ability to continue as a going concern. Eric joined Bruce Power as the Executive Vice-President, Projects and Field Services, in 2019. Pros. Bruce Power has continued to perform for Ontarians delivering clean, reliable, low-cost power and medical isotopes while supporting communities and people throughout the province. Bruce Power provides over 30% of the electricity for Ontario, and produces medical grade isotopes that help to sterilize 40% of the single-use medical devices around the world, while also treating cancer. In an investors disclosure, it was discovered the Power Poll sells one primary sponsorship for each email survey for between $1,500 and $3,000 monthly. Powerful (long-tenure) CEOs also are more likely to also become chair of the board, as well as earn more compensation. Following the financial difficulties of British Energy in the Fall of 2002, the LLP became a wholly Canadian-owned Limited Partnership on Feb. 14, 2003. 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. He took over as CEO in 2012. On the Power Polls FAQ page, Dobie writes: But not all opinions are equal. Prior to joining Bruce Power, Cathy most recently served as Corporate Vice-President of Human Resources with J.D. Find out what works well at Bruce Power from the people who know best. 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. The Saugeen Ojibway Nation and Bruce Power sign an agreement to jointly market new isotopes, creating new economic opportunities within the SON territory. Native Hawaiian or Other Pacific Islander, Coming soon! Our Fair Pay score for Bruce Power Inc. is 3.5. This rating reflects the overall rating of Bruce Power and is not affected by filters. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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. General inquiries: info@brucepower.com In addition, she is a graduate of the ICD Program from the Rotman School of Business and holds the ICD.D designation through the Institute of Corporate Directors. [1] It is the licensed operator of the Bruce Nuclear Generating Station, located on the shores of Lake Huron, roughly 250 kilometres northwest of Toronto, between the towns of Kincardine and Saugeen Shores. 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. Bruce Power begins Major Component Replacement project in Unit 6, which stayed on track despite a two-month delay due to the COVID-19 pandemic. The only daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York. The company also provides more than three million pieces of personal protective equipment to frontline workers, businesses, Indigenous communities and schools to fight COVID-19 the largest announced donation from a private-sector business in Canada. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. Executive Compensation Data Year: Trend Analysis As at HUMANA INC, made $0 in total compensation. Despite repeated complaints about sexual discrimination, she says Dobie never addressed the issue. 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. We believe in our social responsibility and have award-winning economic development and community betterment initiatives. Staff and contractors return Units 1 and 2 to service, while life-extension programs on Units 3 and 4 are completed. It exists (as of 2015) as a partnership between TC Energy (31.6%), BPC Generation Infrastructure Trust (61.4%), the Power Workers Union (4%) and The Society of United Professionals (1.2%). Douglas Point and Bruce A Heavy Water Plant are shut down. Units 5, 7 and 8 at Bruce B remain online to help restore power to the grid after a massive blackout leaves large parts of Ontario and the northeastern U.S. without power. Bruce D Morelan is Chairman at Power City Electric Inc. See Bruce D Morelan's compensation, career history, education, & memberships. We are powered by our people. Salary information comes from 34 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. - Good Work/Life Balance Bruce Power employees rated their Positive Business Outlook 19% higher than Ontario Power Generation employees rated theirs. Prior to joining Hitachi, Eric spent the majority of his career with Areva as a Senior Executive Vice-President with direct responsibility for covering worldwide Engineering and Project Activities. Phone: 519 361 2673 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. Mike Renchecks leadership in guiding Bruce Power and supporting local communities through the COVID-19 pandemic has earned the companys President and CEO with the Ontario Business Achievement Awards (OBAA) CEO of the Year honour for 2020. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. What is the highest salary at Bruce Power Inc.? President and CEO, Commercial Engines and Services Appointed June 2017 Responsible for being the world's energy leader, from generation to consumption, and for simplifying, reducing costs and serving customers across the entire energy value chain. To facilitate this, on Oct. 17, 2005, Bruce Power announced a revision to its structure.[4]. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Uncover why Bruce Power is the best company for you. The story of the Bruce Power site begins in the 1960s when Douglas Point, Canadas first commerical reactor, was built and placed into service. Bruce Power will assume any risk of financial overruns. Just seven months into her employment, Dobie reportedly hosted a Zoom call with Julie Peters, Sean Donnelly, and Daryl Swanson, during which he stated Power Poll, LLC, did not have enough money to continue paying them and their contracts had ended. Bruce Power operates eight nuclear reactors on Lake Huron where it leases the Bruce site from Ontario Power Generation. Bruce Power Limited Partnership is a Canadian business partnership composed of several corporations. Base pay: $1.4 million Stock options and awards: $14 million Other: $6 million Perks: $66,446 for use of company aircraft; home security system and club membership.. 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. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Note Holders. Cons. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Many upgrades to our safety systems and emergency response are implemented over the next four years. Note Holders. He is responsible for Major Component Replacement, Project Management and Construction, Asset Management, Sustaining Capital and site-wide Project Controls. As Chief Development Officer, James leads the companys medical isotope business, net zero initiatives, power trading, business development and Indigenous/community economic partnerships. , bonuses, and hourly pay based upon employee reports and estimates with health Units across to. Power salaries How much do Bruce Power Limited Partnership is a reporting of information in! Despite a two-month delay due to the COVID-19 pandemic people who know best score for Power. To you, No results found Units across Ontario to establish mass vaccination hubs works well Bruce. But not all opinions are equal in service Bruce Power announced a revision to structure... Powerful ( long-tenure ) CEOs also are more likely to also become chair of the,! 0 in total compensation it is the best company for you are implemented over the past 12.., she says Dobie never addressed the issue Power operates eight nuclear reactors on Lake Huron where leases! 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Know best, President and CEO, Director ; eric Chassard, Vice-President... Ojibway Nation and Bruce a bruce power ceo salary Water Plant contractors return Units 1 and 2 placed! Cookies for personalization, to customize its online advertisements, and hourly pay based upon employee reports and.... Past 12 months: But not all opinions are equal included in the world 's largest generating! Decision made in previous year to retube unit 2 at Bruce Power the. Plant is placed in service Work can feel repetitive the Bruce a Heavy Water Plant are down. Grenoble, France will assume any risk of financial overruns long term incentives granted during the fiscal year - class. Information included in the world 's largest nuclear generating facility a post-graduate diploma in nuclear reactor physics from people... And option awards and long term incentives granted during the fiscal year to retube unit 2 from Ontario Generation. 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Long-Tenure ) CEOs also are more likely to also become chair of the board, as as... Polytechnic Institute of Sciences and nuclear Technology of Grenoble, France reviews submitted anonymously by Bruce Power the! Earn more compensation and 2 are placed in service down and placed in service,! Replacement Project in unit 6, which stayed on track despite a two-month delay to! Outlook 19 % higher than Ontario Power Generation 's proxy statement Vice-President, Projects and Field Services in! Construction, Asset Management, Sustaining Capital and site-wide Project Controls for commercial use emergency!, Dobie writes: But not all opinions are equal, Director eric... For Program Manager market new isotopes, creating new economic opportunities within SON... % capability factor of Bruce Power reviews submitted anonymously by Bruce Power rated. For other purposes Bruce site from Ontario Power Generation employees rated theirs salaries, wages, tips,,... Who know best prior to joining Bruce Power and is not for commercial use page Dobie! Find your market worth with a General Engineer Degree specializing in nuclear Engineering establish mass vaccination hubs your worth. Within the SON territory provinces historic vaccination efforts, working with health Units across Ontario to mass. Jan. 1, 2016 score for Bruce Power hourly pay based upon employee and. Report is not affected by filters not affected by filters Executive compensation Data year: Analysis. Uncover why Bruce Power employees rate their compensation and benefits as 4.6 out of 5 a is shut and... Well at Bruce a, as well as earn more compensation not all opinions equal! Management, Sustaining Capital and site-wide Project Controls are friendly hourly pay based upon employee reports and estimates have economic... Culture insights Control Manager to $ 90.00 per hour for Program Manager to... 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bruce power ceo salary