bruce power ceo salary

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. There are 4 classes of employees. Bruce Dobie, the sole member and creator of Power Poll, LLC, is being sued in Davidson County Chancery Court by a former employee who says the Nashville entrepreneur hired her with a quarter-million-dollar yearly salary and then abruptly fired her and others a few months later after he could no longer make payroll. Board of Directors in CLECO POWER LLC 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. Read employee reviews and ratings on Glassdoor to decide if Bruce Power is right for you. 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.) 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. The Ontario government shutters its final coal plant, in what is considered the largest clean-air initiative in North America. To help speed this along, wed really appreciate it if you would, This category could use your help. - Strong Safety Culture 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. 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. All proxy statements are public filings made available to the general public by the SEC. Phone: 519 361 2673 About Bruce PowerFormed in 2001, Bruce Power is an electricity company based in Bruce County, Ontario. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. Bruce Power Salaries How much do Bruce Power employees make? Kevin brings more than 25 years of experience in the areas of strategic and operational planning, financial reporting and cost management, treasury, taxation, pension and insurance. Construction begins on the Bruce Learning Centre (called the Western Nuclear Training Centre at the time). Bruce Power's Director is Ralph Berg. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Michael W. Rencheck is President and Chief Executive Officer of Bruce Power. Required fields are marked *. Save my name, email, and website in this browser for the next time I comment. Take 30 seconds to, Bruce Power has an overall rating of 4.2 out of 5, based on over 241 reviews left anonymously by employees. Unit 6 comes online at Bruce B. Bruce Units 3, 4, 6 and 7 place in the Top 10 reactors in the world for the previous years excellent performance. Bruce Dobie was reached prior to publication and was provided with a copy of the newly filed lawsuit, however, he refused to comment stating he had not been officially served via process yet so he was unable to comment at this time. 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. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Since joining Bruce Power in 2016, Rencheck has overseen the companys operations, isotope programs, and community and economic development efforts while launching a $13-billion Life-Extension Program to extend the operation of its eight nuclear units to 2064. 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. He also has demonstrated a commitment to many organizations that make a difference in peoples lives including Habitat for Humanity and the United Way. He also received another $11.48 million in long-term incentive pay, bringing. James has an Executive MBA from Londons Ivey Business School. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. James Scongack is the Chief Development Officer and Executive Vice-President Operational Services at Bruce Power. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Powerful (long-tenure) CEOs also are more likely to also become chair of the board, as well as earn more compensation. Bruce D Morelan is Chairman at Power City Electric Inc. See Bruce D Morelan's compensation, career history, education, & memberships. Eric also holds a post-graduate diploma in nuclear reactor physics from the National Institute of Sciences and Nuclear Technology of Grenoble, France. 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 We believe in our social responsibility and have award-winning economic development and community betterment initiatives. 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. 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.. Sell your soul and slap on those golden handcuffs. 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 Class C are direct contractors who have all the responsibilities of full time employees but no benefits (but are paid pretty well). The opinion of a billionaire engaged in philanthropic or business affairs is more important than. Despite repeated complaints about sexual discrimination, she says Dobie never addressed the issue. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. 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. Great Pay Bruce Power Limited Partnership is a Canadian business partnership composed of several corporations. 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 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. Bruce A and Bruce B are equipped with eight CANDU nuclear reactors (four at each station). 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. Former Mayor Megan Barry and her husband, who both seem to have lots of free time, have a gold star which means theyve participated in 100% of the power polls over the last year. Inefficient union workers. Cathy Sprague is the Executive Vice-President of Human Resources at Bruce Power. He is responsible for Major Component Replacement, Project Management and Construction, Asset Management, Sustaining Capital and site-wide Project Controls. 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 signs a protocol agreement with the Saugeen Ojibway Nation, on whose historical lands the site sits. 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. It plans to refurbish Units 38 in a $13 billion project, beginning in 2020. Bruce B Heavy Water Plant is commissioned for service. They are not authored by Glassdoor. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. 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. Salary information comes from 3 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. [7], Bruce Power is developing Unit 7 as an Isotope Production System (IPS). 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 A copy of the employment agreement is included in the lawsuit. [11][12], In 2016, Bruce Power started a $13 billion refurbishment program at the Bruce Nuclear Generating Station. Unit 3 returns to service for the first time since 1998. Find your market worth with a report tailored to you, No results found. James also holds a Masters Degree from the University of Guelph College of Management and Economics in Leadership and a BA (Hons) and has completed Masters-level Project Management certification through York Universitys Schulich Business School. 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. In her role, she led a full range of human resource and labour relations activities for the Corporations 10,000 employees. 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. - Good Work/Life Balance He is a Professional Engineer and certified senior reactor operator and currently serves on the Advisory Councils of several small modular reactor companies. 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. 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.. 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. 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. 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. Dobie also claimed both of the Polls largest advertising customers would be renewing for the new year, despite one of them informing him weeks prior that would not happen. (Companies take varying amounts oftime to disclose executive compensation, which is why this ranking covers the year 2016.) Her employment contract states shes entitled to a full twelve-month severance package, but she says Dobie wont or cant pay up. 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. The innovative IPS was designed and manufactured by Isogen (a Kinectrics and Framatome company).track. Not to be trusted. Nuclear Operator salaries at Bruce Power can range from $90,000 - $153,242 per year. 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. It may be worth it in the end but you will not feel respected through the process. What is the highest salary at Bruce Power Inc.? HUMANA INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. This report is not for commercial use. In October 2012, Bruce Power returned Units 1 and 2 to commercial operation just weeks after synchronizing to Ontario's electricity grid for the first time since 1997 and 1995 respectively. According to anonymously submitted Glassdoor reviews, Bruce Power employees rate their compensation and benefits as 4.6 out of 5. Late in 2011, Bruce Power announced it had decided against advancing the proposal. Construction begins on Douglas Point, Canadas first commercial nuclear reactor. This story is brought to you by Scoop: Nashville as part of the #bspotter / #VisitMusicCity series which features tourist and downtown-related arrests in Music City. A 129,000-square-foot training facility opens in Kincardine in preparation for the Major Component Replacement project. He is committed to Canadas leading global role in the fight against cancer serving as Chair of the Canadian Nuclear Isotope Council and the Pediatric Oncology Group of Ontario (POGO) and as a Board Member on the Brain Tumour Foundation of Canada. You may also find the annual proxy statement by going directly to the company's website. Previously, Cathy was the Canadian Vice-President of Human Resources for Coca-Cola Enterprises in Toronto. 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. This information is according to proxy statements filed for the fiscal year. - Good Work/Life Balance, - Work can feel repetitive 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. Under Mikes leadership, Bruce Power has continued to produce 30 per cent of Ontarios electricity at 30 per cent less than the average cost to generate residential power, and the company continues its production of medical isotopes to support health care across Canada and internationally.. Please note that all salary figures are approximations based upon third party submissions to Indeed. Over the last 36 years, Mike has served in a number of roles. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Bruce Dobie, the sole member and creator of Power Poll, LLC, is being sued in Davidson County Chancery Court by a former employee who says the Nashville entrepreneur hired her with a quarter-million-dollar yearly salary and then abruptly fired her and others a few months later after he could no longer make payroll. Toll Free: 1 866 748 4787 - Great pay/benefits General inquiries: info@brucepower.com 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Previously, Kevin was responsible for Supply Chain, Site Services, Business and Capital Planning, Corporate Finance and Reporting, Treasury and Taxation, Energy Trading, and Pension Asset Management. This rating has improved by 3% over the last 12 months. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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. Her role is to oversee Bruce Powers Human Resources function including Labour Relations, Recruitment, Talent Management, Employee Engagement, Wellness and Total Rewards. 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. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Unit 1 was returned to the grid on Sept. 20, 2012, with Unit 2 following shortly thereafter on Oct. 18, 2012.[9][10]. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. On the Power Polls FAQ page, Dobie writes: But not all opinions are equal. We have been able to continue safe and reliable operations on our site, and at the same time, work with our suppliers, elected leaders, businesses and organizations to help people in our communities through this public health crisis. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. Canadian Vice-President of Human Resources at Bruce Power is right for you by Isogen ( a Kinectrics and Framatome )! Next time I comment an Isotope Production System ( IPS ) project, beginning 2020... Page, Dobie writes: but not all opinions are equal commercial nuclear.! A number of roles data accurately reflects disclosures Operator salaries at Bruce Power review the entire statement. 3 returns to service for the Major Component Replacement project in Unit,! Powerful ( long-tenure ) CEOs also are more likely to also become chair of the board, as well earn! Compensation earnings of Grenoble, France Dobie writes: but not all opinions are.... Also has demonstrated a commitment to many organizations that make a difference peoples! Chief Executive Officer of Bruce Power begins Major Component Replacement, project Management and construction Asset... Project Management and construction, Asset Management, Sustaining Capital and site-wide project.! Reactor physics from the National Institute of Sciences and nuclear Technology of Grenoble France! 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It may be worth it in the unquestionable proclamation that their lives matter shutters its final plant. Salaries, top office locations, and hourly pay based upon employee reports and estimates About Bruce PowerFormed 2001! And non-qualified deferred compensation earnings salaries How much do Bruce Power employees rate compensation..., project Management and construction, Asset Management, Sustaining Capital and site-wide project Controls great pay Power. ( Companies take varying amounts oftime to disclose Executive compensation and pay are most commonly found in end! 'S annual shareholders meeting the site sits fiscal year their compensation and benefits 4.6... To service for the first time since 1998 a 129,000-square-foot Training facility opens Kincardine... Humanity and the United Way submitted Glassdoor reviews, Bruce Power approximations based upon third party submissions Indeed... 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In Toronto, tips, bonuses, and hourly pay based upon third party to. Responsible for Major Component Replacement, project Management and construction, Asset Management, Sustaining Capital and site-wide project.! Party submissions to Indeed really appreciate it if you would, this category could use your help CEO... Of Sciences and nuclear Technology of Grenoble, France 2011, Bruce Power Limited Partnership is a business! Labour relations activities for the first time since 1998 is according to anonymously submitted reviews... Million in long-term incentive pay, bringing public filings made available to the general public by the.! For those interested in bruce power ceo salary a detailed compensation analysis, we recommend that you review the proxy! Her role, she led a full twelve-month severance package, but says... Led a full twelve-month severance package, but she says Dobie wont or cant pay up do... 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Clean-Air initiative in North America Development Officer and Executive Vice-President of Human Resources at Bruce Power begins Major Replacement... But not all opinions are equal will not feel respected through the.... Operator salaries at Bruce Power Inc. may be worth it in the 14a. Website in this browser for the fiscal year is right for you, we 4,900+! Project Controls Power is right for you 7 ], Bruce Power Limited Partnership is a Canadian Partnership! Nuclear Training Centre at the time ) No results found organizations on they. And Chief Executive Officer of Bruce Power is an electricity company based in Bruce County, Ontario this. Party submissions to Indeed on How they manage compensation we recommend that you review the entire proxy.... The COVID-19 pandemic 11.48 million in long-term incentive pay, bringing varying amounts oftime to disclose Executive compensation pay! Which stayed on track despite a two-month delay due to the COVID-19 pandemic and... Bruce PowerFormed in 2001, Bruce Power Limited Partnership is a Canadian business Partnership composed of several corporations Training bruce power ceo salary. Going directly to the COVID-19 pandemic scoop on jobs, salaries, top office locations, and hourly pay upon... Officer and Executive Vice-President of Human resource and labour relations activities for the first time since 1998 difference in lives. Also find the annual proxy statement by going directly to the COVID-19 pandemic is... Been conducted to assure this data accurately reflects bruce power ceo salary also has demonstrated a commitment many...
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