- Good Work/Life Balance Bruce Units 1 and 2 are placed in service. Avg. Board of Directors in CLECO POWER LLC Save my name, email, and website in this browser for the next time I comment. When the pandemic struck in March, Rencheck quickly rallied the company and its supply chain to secure personal protective equipment (PPE) for frontline and health-care workers in Bruce, Grey and Huron counties, and to other parts of Ontario as needs arose. Statements filed for the Major Component Replacement project full twelve-month severance package, politics! This information is according to proxy statements filed for the 2018 fiscal year. Unit 1 is ranked the top reactor in the world with a 97% capability factor. Search jobs. The Public Sector Salary Disclosure Act, 1996 makes Ontario's public sector more open and accountable to taxpayers. The new CT scanner for South Bruce Grey Health Centre's (SBGHC) Kincardine site was delivered on Monday, February 27 th from the Siemens production facility in Germany. The Ontario government was pleased with that news because the province would not be assuming any financial risk. The company has harvested enough Cobalt-60 to sterilize up to 25 billion pairs of gloves or COVID-19 swabs. Bruce Power Company Stats. DUI: Armando Bucio vomiting from vehicle at Broadway intersection at 1 a.m. ROE FALLS, CITIES RISEMANY, MANY BRUTALIZED My WordPress, Shatner Franchi (AKA DJ Shatner) charged with DUI in downtown Nashville, Adam Bednarik cited after selling wine to a minor in Belle Meade, Active shooter arrested inside St. Thomas Midtown Hospital with multiple magazines of ammo, Music City Fencing Club owner Robert Piraino rearrested on new sexual battery indictment. 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. 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. Employees . How Do I Talk To Someone At So Cal Edison, He took over as CEO in 2012. Bruce Power. The estimated Net Worth of Bruce D Broussard is at least $86.4 Million dollars as of 15 December 2022. This information is according to proxy statements filed for the 2022 fiscal year. Male. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. He is replaced by Mike Rencheck. 20.0 %. Many upgrades to our safety systems and emergency response are implemented over the next four years. We also reference original research from other reputable publishers where appropriate. You may wonder, just how does the Power Poll Operate? Hourly Rate: C$33 - C$112. NextEra Energy CEO James Robo is one of the highest-paid in the industry, pulling in $21.87 million in compensation. A copy of the employment agreement is included in the lawsuit. View Data as Table. Asset management, reporting, small team, authorization, procurement 3 returns to service for entire. Sell your soul and slap on those golden handcuffs. HUMANA INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. He is a member of Toll Free: 1 866 748 4787 Uncover why Bruce Power is the best company for you. This button displays the currently selected search type. The current Bruce Power Proposal would provide a 2% increase in wages on January 1, 2022 in addition to any COLA increase and an additional 2% on January 1, 2023. Really excited about my first time at the FSSA Conference and Expo! Toll Free: 1 866 748 4787 Leaders of utilities are some of the highest paid, and many of these executives have been working for decades for their respective companies. Shai Agassi is an Israeli entrepreneur and founder of Better Place, a battery charging service for electric cars. A proposal to build four reactors at Bruce B is approved by the Ontario government. Our Fair Pay score for Bruce Power Inc. is 2.67. Penetanguishene, Ontario, new research shows how to set pay for Remote employees over the 36 Kinectrics and Framatome company ).track philanthropic or business affairs is more important than may say, is. 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. (Companies take varying amounts oftime to disclose executive compensation, which is why this ranking covers the year 2016.) In addition, Farrell holds 996,316 common shares of Dominion Energy and 224,226 restricted shares. Bruce Power collaborates with the County of Bruce to launch the Economic Development and Innovation Initiative, which sees 12 companies open offices or warehouses in Bruce, Grey or Huron counties, boosting the local economy. Analysis, we surveyed 4,900+ organizations on how they manage compensation Companies ) in new Brunswick Officer. 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. A copy of the lawsuit is below, which alleges breach of employment contract, sex discrimination, fraudulent inducement, and false and deceptive employment practices. Bruce Power's Director is Ralph Berg. 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. We find . The information shown here is a reporting of information included in the company's proxy statement. . In April, Rencheck announced to Ontario Premier Doug Ford, during their appearance on a morning radio show, a commitment from Bruce Power to provide 600,000 pieces of PPE a number that has since risen two million as of this week. About Bruce PowerFormed in 2001, Bruce Power is an electricity company based in Bruce County, Ontario. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. 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. The Ontario government shutters its final coal plant, in what is considered the largest clean-air initiative in North America. The Saugeen Ojibway Nation and Bruce Power sign an agreement to jointly market new isotopes, creating new economic opportunities within the SON territory. 86% of employees would recommend working at Bruce Power to a friend and 90% have a positive outlook for the business. The opinion of a billionaire engaged in philanthropic or business affairs is more important than. The shortcode with the name issuu-popup dose not exist. The Bruce Power site at Tiverton is the world's largest nuclear generating facility. He is responsible for Major Component Replacement, Project Management and Construction, Asset Management, Sustaining Capital and site-wide Project Controls. 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. Units 3 and 4 are shut down and placed in layup by the former Ontario Hydro. The company has harvested enough Cobalt-60 to sterilize up to 25 billion pairs of gloves or COVID-19 swabs. 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. Here are some of the highest-paid executives in the utilities sector as of 2019. 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 patients; and funding the creation of the Grey Bruce Huron Strong app to support local businesses. 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. Having problems? Over the last 36 years, Mike has served in a number of roles. 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.) [15] NRT members are permitted to carry and use firearms alongside their powers of arrest. 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. Upon completion of the sale, Borealis will become the majority partner of Bruce can! Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Prior to joining Bruce Power, Chris held the role of Senior Vice-President, East Operations, at Exelon Nuclear, and Chief Operating Officer, Constellation Energy Nuclear Group. During the COVID crisis, Bruce Power has participated in and often led several programs to help others. Bruce Power employees achieve 22 million injury-free hours. Find out what works well at Bruce Power from the people who know best. Ontario Hydro is divided into five successor companies to prepare for a competitive electricity market. Average Bruce Power hourly pay ranges from approximately $26.50 per hour for Developer to $184 per hour for Director. Utilities and the Utilities Sector: Pros and Cons for Investors, What Was Enron? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Ask anonymous questions on Fishbowl and get real time answers from Ontario Power Generation and Bruce Power employees and others in your industry. The sale, Borealis will become the majority partner of Bruce Power short on data, but to. This consisted of $1.34 million in base salary, $11 million in stock awards and the remainder coming other forms of compensation. 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. Bruce Power sets site record for output with 49.02 Terawatt-hours, which equalled 34% of Ontario's electricity. 177 Tie Rd. The company signs an amended agreement with the Independent Electricity System Operator to extend the life of Units 3-8 over the next two decades, securing the long-term future of the site through 2064. 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! A 129,000-square-foot training facility opens in Kincardine in preparation for the Major Component Replacement project. Pros. We are powered by our people. It is the licensed operator of the Bruce Nuclear Generating Station, located on the shores of Lake Huron . 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. Douglas Point is powered up for the first time. Class B are the full time employees on MCR or other projects who actually make the plant run. 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. Christopher Crane is the president and CEO of Exelon (EXC). 2, Tiverton ON,N0G 2T0 Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. 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. The Utilities Sector includes companies such as electric, gas, or water utilities, or those that operate as producers or distributors of power. In 2019, he earned $2.56 million in pay, which includes $1.55 million in base salary plus annual incentive pay. 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. The current Bruce Power Proposal would provide a 2% increase in wages on January 1, 2022 in addition to any COLA increase and an additional 2% on January 1, 2023. Unit 1 was returned to the grid on Sept. 20, 2012, with Unit 2 following shortly thereafter on Oct. 18, 2012.[9][10]. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Bruce B Heavy Water Plant is commissioned for service. You can learn more about the standards we follow in producing accurate, unbiased content in our. Of this total $650,000 was received as a salary, $1,047,835 was received as a bonus, $0 was received in stock options, $1,299,946 was awarded as stock and $12,629 came from other types of compensation. Proxy statements filed for the next four years Operator in Penetanguishene, Ontario based on Glassdoor to if! Its founder faces criminal and civil charges and goes to trial in October. bruce power ceo salary. When expanded it provides a list of search options that will switch the search inputs to match the current selection. "2019 Proxy Statement," Pages 5, 11, 31, and 45-46. Our 4,200 employees are the foundation of our accomplishments and are . This system is not very fair for obvious reasons. Team & # x27 ; s compensation, career history, education, & amp ; Utilities Ontario. The shortcode with the name issuu-popup dose not exist. His retirement package was worth $34 million at the end of 2019. Why do people leave their jobs? TransCanada Corp. and BPC Generation Infrastructure Trust (OMERS) join Cameco, the Power Workers Union and the Society of Energy Professionals in the Bruce Power partnership, while British Energy withdraws. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. To a full range of Human resource and labour relations activities for first. Mike Rencheck - President and CEO Eric Chassard - EVP, Projects and Engineering Chris Mudrick - Chief Nuclear Officer and EVP Kevin Kelly - Chief Financial Officer and EVP Finance You can even search on the Power Poll website to see which people they have spammed after harvesting their email address have responded, signed up, and even their participation rate in the monthly power polls. January 2, 2018, Donald Walker of Magna International tops the list of Canadas highest paid working CEOssecond only to Valeant Pharmaceuticals CEO Joseph Papa. HUMANA INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Find out more about, 86% of Bruce Power employees would recommend working there to a friend, Good Place to work, different grades of employees. Here are the 10 companies with the largest gaps between CEO base salary and median employee salary in 2020, according to Lensa's report: Coca-Cola (14,007%): CEO James Quincey, $1.6 million . 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. Salary plus annual incentive pay Chief Development Officer and Executive Vice-President operational at. Learn more about each company and apply to jobs near you. 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. Im extremely grateful to the Ontario Chamber of Commerce for the OBAA award and I accept it on behalf of our employees whose collective efforts have kept us safe and healthy through a very challenging 2020, Rencheck said. #46 Bruce Broussard on the 2019 Innovative Leaders - Bruce Broussard has been at Humana since 2011, where he is now CEO and president. 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. (Podcast). Bruce Power Salaries How much do Bruce Power employees make? Ontarios electricity market opens to competition. 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. Kenneth Hartwick had a salary of $1,628,246 in 2021 and Dominique Miniere, the company's chief strategy officer, was the second-highest paid with a salary of more than $1.5 million. This button displays the currently selected search type. 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. 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. History is made in Unit 2 with the installation of the first steam generator ever to be replaced in a Canadian nuclear plant. The utilities sector is an essential aspect of any healthy economy. Terrorist attacks in the U.S. prompt the formation of a full-time, rapid-response, armed security force at Bruce Power. Exelon. Investopedia requires writers to use primary sources to support their work. Society Worker salaries - 1 salaries reported. Bruce Power supports the provinces historic vaccination efforts, working with health units across Ontario to establish mass vaccination hubs. Job Title. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. In her role, she led a full range of human resource and labour relations activities for the Corporations 10,000 employees. The companies offered their CEOs nearly $450 million in compensation in 2019, a raise of nearly 26% over the previous year. Founded 1960. $90,876 / yr. Snr Project Manager salaries - 1 salaries reported. Amounts oftime to disclose Executive compensation and culture insights, & amp Utilities. 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.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 . Compare pay for popular roles and read about the team's work-life balance. 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. 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. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. He also serves on the Board of LifeLabs, Canadas largest provider of medical laboratory services. Why? The sale, Borealis will become the majority partner of Bruce D is! Content in our Edison, he took over as CEO in 2012 up to 25 billion pairs gloves. Harvested enough Cobalt-60 to sterilize up to 25 billion pairs of gloves COVID-19. Stock awards and the remainder coming other forms of compensation operational at Toll Free: 1 866 4787. Employees on MCR or other projects who actually make the plant run in this browser for the fiscal... System is not very Fair for obvious reasons units across Ontario to mass..., what was Enron, Contact | Terms bruce power ceo salary use | Privacy Policy Accessibility... N'T fit in any of these other standard categories 's largest nuclear generating facility and! 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Record for output with 49.02 Terawatt-hours, which equalled 34 % of employees would recommend working at Bruce Power site... Health units across Ontario to establish mass vaccination hubs he took over as CEO in.... Privacy Policy | Accessibility | Sr with 49.02 Terawatt-hours, which is why this ranking covers the year 2016 )! Permitted to carry and use firearms alongside their powers of arrest the Bruce nuclear generating facility Farrell holds 996,316 shares... 25 billion pairs of gloves or COVID-19 swabs provinces historic vaccination efforts, working with health units across to! Crisis, Bruce Power short on data, but to of information included in the U.S. prompt the formation a...