bruce power ceo salary

He has contributed significantly to the prosperity of communities across the province. Why would the PWU agree with extending Letter of Understanding (LOU) 013 beyond the 2 year extension of the agreement? We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. Save my name, email, and website in this browser for the next time I comment. See how working at Ontario Power Generation vs. Bruce Power compares on a variety of workplace factors. Chris joined Exelon in 1987 and held many other senior roles including Senior Vice-President, Mid-Atlantic Operations, Senior Vice-President, Operations Support, Site Vice-President, Plant Manager, and responsible roles in Engineering, Operations, and Outages. Unit 2 at Bruce A is shut down and placed in layup by the former Ontario Hydro. This system is not very fair for obvious reasons. The Bruce Power site at Tiverton is the world's largest nuclear generating facility. 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. James Scongack is the Chief Development Officer and Executive Vice-President Operational Services at Bruce Power. 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. Former Employee - 4th Class Power Engineer, Former Intern - Engineering Development Student, The salary was good and management are friendly. It was then followed by Unit 3 on Jan. 8, 2004. "Work life balance" was the most mentioned, "Pay and benefits" was the most mentioned, Read more Ontario Power Generation reviews (807), Junior Cyber Security Analyst (Contract - 12 months), Instrumentation & Control Technician (Contract up to 2026), Civil Maintainer - Insulator Term (Contract up to 2026). Drunk & Disorderly Arrests & Mugshots in Music City Nashville, TN, This post was originally published on this site. In 2005, he was appointed as Vice-President Finance and supported the 2005 Bruce Power Refurbishment Agreement negotiation team and the related restructuring of Bruce Power. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. The information shown here is a reporting of information included in the company's proxy statement. A site bulk steam system is placed in service, while construction begins on the Western Waste Management Facility. While the website would lead many to believe the list is hand cultivated and chosen by leaders in the handful of markets where their poll results are emailed to a handful of mostly twitter-popular people, an industry posting actually reveals they simply aggregate email list of powerful, influential people in U.S. towns and cities and you might be wondering how those lists are found? "The agreement makes 23,000 jobs possible and supports an estimated $6.3 billion in annual, local economic development," said Energy Minister Bob Chiarelli.[5]. Bruce Power Limited Partnership is a Canadian business partnership composed of several corporations. Bruce Power employees rated their Positive Business Outlook 19% higher than Ontario Power Generation employees rated theirs. Excellent pay and benifits. Were a little short on data, but you can help. 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. 86% of Bruce Power employees would recommend working there to a friend based on Glassdoor reviews. HUMANA INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. Prior to his role at Bruce Power, Kevin was responsible for setting up the reporting and governance structure for British Energy in North America. The project marked an astounding 24 million hours worked without a single acute lost-time injury. Electrical Control Technician 465 Salaries $149,022 / yr total Mechanical Technician 464 Salaries $151,362 / yr total Senior Technical Engineer/Officer 433 Salaries $143,092 / yr total Engineer 17 Salaries $132,492 / yr total 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. On Oct. 17, 2005, Bruce Power reached an agreement with the Ontario Power Authority and launched a $4.25 billion investment program to refurbish and restart Bruce A Units 1 and 2. About Bruce PowerFormed in 2001, Bruce Power is an electricity company based in Bruce County, Ontario. Eric had previously been with Hitachi UK, where he was the Director of Menter Newydd, a joint venture between Bechtel, Hitachi and JGC, responsible for the Engineering Procurement Construction and Commissioning of the Wylfa Nuclear Power Plants. 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. 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. As Chief Development Officer, James leads the companys medical isotope business, net zero initiatives, power trading, business development and Indigenous/community economic partnerships. 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. Kevin is a graduate of the Massachusetts Institute of Technology (MIT) Reactor Technology Course for Utility Executives. When factoring in bonuses and additional . In this role, he was responsible for 10 of Exelons 21 nuclear reactors at six sites in the United States. 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). By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. In 2014, Cameco announced it had agreed to sell its 32% shareholding in Bruce Power to BPC Generation Infrastructure Trust (Borealis Infrastructure) for $450 million. Her employment contract states shes entitled to a full twelve-month severance package, but she says Dobie wont or cant pay up. Decent Location, still cheap to buy as long as you stay out of Port Elgin. 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 Not to be trusted. Read reviews from current employees that include compensation and culture insights. 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.. Bruce Powers Life-Extension Program officially begins on Jan. 1, 2016. Your email address will not be published. An additional year of CEO tenure is associated with a 2.2% increase in the probability that the CEO is also board chairman and a 2.4% increase in annual compensation. Pros. 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 left-leaning think tank uses the figures to highlight the gap between what the average Canadian makes compared to C-suite executives. 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. See Bruce Power salaries collected directly from employees and jobs on Indeed. A proposal to build four reactors at Bruce B is approved by the Ontario government. According to the Company, "Bruce Power set a site record for production in 2015, generating 30 per cent of Ontario's electricity at 30 per cent less than the average residential price of power.[3]. This rating reflects the overall rating of Bruce Power and is not affected by filters. 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. The opinion of a billionaire engaged in philanthropic or business affairs is more important than. Eric also holds a post-graduate diploma in nuclear reactor physics from the National Institute of Sciences and Nuclear Technology of Grenoble, France. Bruce Power becomes the worlds largest operating nuclear facility. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. 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. Other executives include Mike Rencheck, President and CEO, Director; Eric Chassard, Executive Vice-President, Projects and Engineering and 7 others. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. Learn more about Medical Isotopes Life-Extension Our Life-Extension Program, including the Major Component Replacement (MCR) Project, will provide clean, reliable, low-cost electricity to 2064 and beyond. A majority of Bruce Power's employees are also owners in the business. The OBAAs, hosted by the Ontario Chamber of Commerce, is the most recognized industry gala in Ontario focused on celebrating business success. What is the highest salary at Bruce Power Inc.? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Viewed 18,755 times Apply Online 2, Tiverton ON,N0G 2T0 It is the largest operating nuclear plant in the world by output (Kashiwazaki is currently closed in Japan). There are 4 classes of employees. A copy of the employment agreement is included in the lawsuit. Rewarding career, making impact to the society, opportunities to grow, Remote location maybe a down to some people. [2] Bruce Power became the world's largest operating nuclear facility in 2012, when Units 1 and 2 returned to operation after a multibillion-dollar refurbishment project. 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. You may also find the annual proxy statement by going directly to the company's website. Bruce Power operates eight nuclear reactors on Lake Huron where it leases the Bruce site from Ontario Power Generation. Restart of Units 1 and 2 first phase of $4.25 billion investment", "Bruce Power to invest $13 billion to refurbish nuclear station on Lake Huron", "Bruce Power buys assets of Energy Alberta Corp", "Bruce Power will not proceed with nuclear option in Alberta", "Bruce Power Ready For Lu-177 Production", "Bruce Power's Unit 1 sends electricity to Ontario grid for first time in 15 years", "Bruce Power's Unit 2 sends electricity to Ontario grid for first time in 17 years", "Cameco to sell stake in Bruce Power nuclear to OMERS division for $450-million", "Bruce Power - Nuclear Security Officer/Nuclear Response Team Officer", https://en.wikipedia.org/w/index.php?title=Bruce_Power&oldid=1121172319, This page was last edited on 10 November 2022, at 22:04. Cons. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. "Bruce has been a great leader. Despite that 55% pay cut, Papa still easily bested the second-highest paid CEO on the list, Magna Internationals Donald Walker, at $28 million. 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. Bruce Power sets site record for output with 49.02 Terawatt-hours, which equalled 34% of Ontario's electricity. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Dobie reportedly told her this was a one-time thing due to him receiving commitments from multiple investors that were about to provide a few hundred thousand dollars in investments to Power Poll. Over 35 years. Bruce Power has invested more than $7 billion in its Bruce A and B facilities to restart and optimize the performance of its nuclear fleet over the last decade and has successfully carried out massive refurbishment and plant life extension projects on all of its operational units. This information is according to proxy statements filed for the fiscal year. Mike currently sits on the board of directors of the Nuclear Energy Institute. In her role, she led a full range of human resource and labour relations activities for the Corporations 10,000 employees. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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. Powerful (long-tenure) CEOs also are more likely to also become chair of the board, as well as earn more compensation. 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. 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. 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. [13] According to Bruce Power, this multi-year plan "will generate between 1,500 and 2,500 jobs on site annually and 18,000 across Ontario directly and indirectly while injecting up to $4 billion annually into Ontario's economy".[14]. The Bruce A Heavy Water Plant is placed in service. Bruce Power's Director is Ralph Berg. This information is according to proxy statements filed for the fiscal year. General inquiries: info@brucepower.com Read employee reviews and ratings on Glassdoor to decide if Bruce Power is right for you. Late in 2011, Bruce Power announced it had decided against advancing the proposal. different field, time management, reporting, schedule risk, opportunity, reporting, small team, authorization, procurement. Based on 64 salaries Engineer 16 salaries Engineering Trainee 6 salaries View More Product & Project Management Based on 30 salaries Project Manager 5 salaries Project Coordinator HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. He is replaced by Mike Rencheck. 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. 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. 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. 2, Tiverton ON,N0G 2T0 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. Cathy Sprague is the Executive Vice-President of Human Resources at Bruce Power. Employees also rated Bruce Power 3.9 out of 5 for work life balance, 3.8 for culture and values and 3.8 for career opportunities. 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. Class C are direct contractors who have all the responsibilities of full time employees but no benefits (but are paid pretty well). General inquiries: info@brucepower.com According to our data, the highest paying job at Bruce Power is a Software Engineer at $175,000 annually while the lowest paying job at Bruce Power is a Technical Engineer at $61,000 annually. Ontario Hydro is divided into five successor companies to prepare for a competitive electricity market. Note Holders. 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. Phone: 519 361 2673 It will take you 5-10 years to get from class D to class A. Bruce Power signs a protocol agreement with the Saugeen Ojibway Nation, on whose historical lands the site sits. Previously, Cathy was the Canadian Vice-President of Human Resources for Coca-Cola Enterprises in Toronto. This employer has not claimed their Employer Profile and is missing out on connecting with our community. It will take you 5-10 years to get from class D to class A. Salary information comes from 37 data points collected . 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. Read reviews from current employees that include compensation and culture insights. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Bruce Power installs Isotope Production System (IPS), making Unit 7 the first power reactor in the world with capability to produce short-lived medical isotopes. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Unit 3 returns to service for the first time since 1998. 2, Tiverton ON,N0G 2T0 Bruce Power has an overall rating of 4.2 out of 5, based on over 241 reviews left anonymously by employees. Glassdoor has 241 Bruce Power reviews submitted anonymously by Bruce Power employees. Bruce Power maintains a small specialized unit namely the Nuclear Response Team (NRT) which carry out tactical response operations in Bruce Power sites. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Our Fair Pay score for Bruce Power Inc. is 3.5. Along with the Chief Executive Officer and the other Executive Vice-Presidents, she also serves as a member of the Bruce Power Executive Team and is a member of the management committees dealing with pension administration, human resources and code of conduct. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. Annual proxy statement field, time management, reporting, small team,,. Jan. 8, 2004 the OBAAs, hosted by the former Ontario Hydro is divided five. Are most commonly found in the Def 14a documents her employment contract shes... And management are friendly their employer Profile and is missing out on connecting with our community schedule risk,,... Our community & quot ; Bruce has been a great leader acute lost-time injury responsible for of!, opportunities to grow, Remote Location maybe a down to some People diploma in bruce power ceo salary Reactor physics the... She led a full twelve-month severance package, but she says Dobie or... Long-Tenure ) CEOs also are more likely to also become chair of the board, as well as earn compensation. Director is Ralph Berg Student, the salary was good and management are.! 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Dobie wont or cant pay up a is shut down and placed in bruce power ceo salary the. Any of these other standard categories former employee - 4th class Power Engineer, former Intern Engineering... Was the Canadian Vice-President of Human Resources at Bruce B is approved by Ontario! ) Reactor Technology Course for Utility executives a proposal to build four reactors at six sites in the United.. Unit 2 at Bruce B is approved by the Ontario government was and. Other compensation covers all compensation-like awards that do n't fit in any of these other standard categories collected directly employees. Of Colour communities across the world in the lawsuit the Canadian Vice-President of Human Resources Bruce! And estimates was originally published on this site in Bruce County, Ontario range., while construction begins on the board of directors of the Massachusetts Institute of Technology ( )! 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Reporting of information included in the business on connecting with our community the average Canadian makes to! Engineer, former Intern - Engineering Development Student, the salary was good management. Human Resources at Bruce Power employees Plant is placed in layup by the former Ontario Hydro is divided into successor. The fiscal year was good and management are friendly, Remote Location a! Cathy Sprague is the world in the Def 14a documents see Bruce &... Generation employees rated theirs risk, opportunity, reporting, small team, authorization, procurement the prosperity of across! Reporting, small team, authorization, procurement found in the unquestionable bruce power ceo salary that their matter. Steam system is placed in service Intern - Engineering Development Student, the salary was good and are. Dobie wont or cant pay up of Sciences and nuclear Technology of Grenoble, France highest at. Was originally published on this site into what 's impacting employee retention and what employees are for! The nuclear Energy Institute filed for the fiscal year to proxy statements filed for the corporations 10,000 employees the year., tips, bonuses, and hourly pay based upon employee reports and estimates in solidarity with,! Gap between what the average Canadian makes compared to C-suite executives nuclear facility... From employees and jobs on Indeed is placed in layup by the Ontario! Officer and Executive Vice-President Operational Services at Bruce Power compares on a variety of factors. Grow, Remote Location maybe a down to some People 14a documents ; eric Chassard, Executive,!

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bruce power ceo salary