In 2020, Bruce Power has had two successful harvests of Cobalt-60, used for the sterilization of medical equipment and for the treatment of certain forms of cancer. Ontarios electricity market opens to competition. 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. 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. Learn more about each company and apply to jobs near you. Compare pay for popular roles and read about the team's work-life balance. (Companies take varying amounts oftime to disclose executive compensation, which is why this ranking covers the year 2016.) Bruce Power completes first successful harvest of medical-grade cobalt-60. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. 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. A proposal to build four reactors at Bruce B is approved by the Ontario government. Read reviews from current employees that include compensation and culture insights. 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. Bruce Power has an overall rating of 4.2 out of 5, based on over 241 reviews left anonymously by employees. 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. He also serves on the Board of LifeLabs, Canadas largest provider of medical laboratory services. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube. He was previously the companys Executive Vice-President, Nuclear Development. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. General inquiries: info@brucepower.com The Ontario government shutters its final coal plant, in what is considered the largest clean-air initiative in North America. - Work can feel repetitive During the COVID crisis, Bruce Power has participated in and often led several programs to help others. 86% of employees would recommend working at Bruce Power to a friend and 90% have a positive outlook for the business. Eric also holds a post-graduate diploma in nuclear reactor physics from the National Institute of Sciences and Nuclear Technology of Grenoble, France. Our Fair Pay score for Bruce Power Inc. is 2.67. Irving (Irving Group of Companies) in New Brunswick. He assumed the role of CEO in 2005 and has led the company to record levels of revenue, increasing from $4.1 billion that year to more than $9 billion in 2018. Average Bruce Power hourly pay ranges from approximately $80.00 per hour for Quality Control Manager to $90.00 per hour for Program Manager. 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. 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. 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. 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. Douglas Point and Bruce A Heavy Water Plant are shut down. This employer has not claimed their Employer Profile and is missing out on connecting with our community. PO Box 1540 177 Tie Rd., R.R. 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. Kevin has also worked at BDOs Toronto office where he was responsible for managing various operational and financial client groups that consisted of both owner-managed businesses and public companies. Find out more about, 86% of Bruce Power employees would recommend working there to a friend, Good Place to work, different grades of employees. 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. In the lawsuit filed this week, Jill Peters says she was recruited by Bruce Dobie in January of 2021 and in February agreed to help with various tasks for the purpose of helping Power Poll grow. For approximately four months she worked for free and did not ask for compensation until eventually accepting a job offer to join Power Poll in July of 2021. The company plans IPSes which would produce other useful isotopes. 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. Required fields are marked *. 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. The chart on this page features a breakdown of the total annual pay for , at HUMANA INC as reported in their proxy statements. Construction begins the following year. Viewed 18,755 times Apply Online James Scongack is the Chief Development Officer and Executive Vice-President Operational Services at Bruce Power. Toll Free: 1 866 748 4787 The people are mostly highly educated and in general friendly and willing to help solve any issues. We believe in our social responsibility and have award-winning economic development and community betterment initiatives. 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. 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 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. 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. History is made in Unit 2 with the installation of the first steam generator ever to be replaced in a Canadian nuclear plant. 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.. 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. Pros & Cons are excerpts from user reviews. This year's 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. 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.. Terrorist attacks in the U.S. prompt the formation of a full-time, rapid-response, armed security force at Bruce Power. 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. January 2, 2018, Donald Walker of Magna International tops the list of Canadas highest paid working CEOssecond only to Valeant Pharmaceuticals CEO Joseph Papa. Dishonest, little to no employee support, only concerned with spinning their PR message. 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. Despite that 55% pay cut, Papa still easily bested the second-highest paid CEO on the list, Magna Internationals Donald Walker, at $28 million. Bruce Power employees earn $132,500 annually on average, or $64 per hour, which is 67% higher than the national salary average of $66,000 per year. Verify your email to use filters. Construction begins on additional heavy water plants. 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.) HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. 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. Our 4,200 employees are the foundation of our accomplishments and are proud of the role they play in safely delivering clean, reliable, low-cost nuclear power to families and businesses across the province. Bloomberg Chief Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. It may be worth it in the end but you will not feel respected through the process. Staff and contractors return Units 1 and 2 to service, while life-extension programs on Units 3 and 4 are completed. Bruce Power is a leading supplier of medical isotopes that are used worldwide in cancer-fighting treatments and sterilization of medical devices. Find out more about salaries and benefits at Bruce Power. Find your market worth with a report tailored to you, No results found. Bruce Power employees achieve 22 million injury-free hours. Bruce Power employees rated their Positive Business Outlook 19% higher than Ontario Power Generation employees rated theirs. [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]. A 129,000-square-foot training facility opens in Kincardine in preparation for the Major Component Replacement project. 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. This achievement returned the site to full operating capacity for the first time in 17 years. During this time he also served on the due diligence and transition team focusing on the transaction between Bruce Power and Ontario Power Generation. [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. Many upgrades to our safety systems and emergency response are implemented over the next four years. Bruce Power Salaries How much do Bruce Power employees make? This estimate is based upon 11 Bruce Power Nuclear Operator salary report (s) provided by employees or estimated based upon statistical methods. [2] With those eight units in operation, the facility has a capacity of 5,403 megawatts and typically supplies nearly 30 per cent of the electricity used in Ontario's provincial power grid. Ontario Power Generation employees rated their Recommend to a friend 2% higher than Bruce Power employees rated theirs. This information is according to proxy statements filed for the fiscal year. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Power Poll CEO Bruce Dobie unable to pay employees; refused to let female attend meetings, citing good old boys club per lawsuit. Read reviews from current employees that include compensation and culture insights. This rating has improved by 3% over the last 12 months. [11][12], In 2016, Bruce Power started a $13 billion refurbishment program at the Bruce Nuclear Generating Station. Bruce B finishes the year as the top-performing multi-unit nuclear plant in Canada. 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. 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. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. When factoring in bonuses and additional . 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 Prior to joining Bruce Power, Cathy most recently served as Corporate Vice-President of Human Resources with J.D. Uncover why Bruce Power is the best company for you. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Eric Chassard - EVP, Projects and Engineering, Chris Mudrick - Chief Nuclear Officer and EVP, Kevin Kelly - Chief Financial Officer and EVP Finance, James Scongack - Chief Development Officer & EVP, Operational Services. 2, Tiverton ON,N0G 2T0 From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. 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? 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. Since its creation, Bruce Power has successfully restarted all four Bruce A reactors. 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. All salaries and reviews are posted by employees working at Ontario Power Generation vs. Bruce Power. Your email address will not be published. The shortcode with the name issuu-popup dose not exist. 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. 2, Tiverton ON,N0G 2T0 Faced with the largest surplus capacity of electricity in its history, Ontario Hydro defers decision made in previous year to retube Unit 2. Excellent pay and benifits. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. "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]. 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. The Lu-177 will be processed by a partner ITM Isotope Technologies Munich SE (ITM) and marketed with its partner Saugeen Ojibway Nation under the name Gamzookaamin Aakoziwin.[8], Bruce Power was founded as a Limited Liability Partnership in 2001 between British Energy (82.4%), Cameco Corporation (15%), Power Workers' Union and The Society of Energy Professionals. How much do Bruce Power employees make? We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. 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. Please note that all salary figures are approximations based upon third party submissions to Indeed. Phone: 519 361 2673 Bruce D Morelan is Chairman at Power City Electric Inc. See Bruce D Morelan's compensation, career history, education, & memberships. Class C are direct contractors who have all the responsibilities of full time employees but no benefits (but are paid pretty well). Get the inside scoop on jobs, salaries, top office locations, and CEO insights. - Great pay/benefits He is responsible for Major Component Replacement, Project Management and Construction, Asset Management, Sustaining Capital and site-wide Project Controls. Bruce Power Kincardine, ON (Canada) Salaries Salaries in $ (CAD) Average Min Max Engineer 3 salaries $109,636per year $98k $132k $109,636per year $98k $132k Nuclear Operator 3 salaries $130,301per year $70k $169k $130,301per year $70k $169k Project Manager Intern 2 salaries About $110k - $192k $110k $192k About $110k - $192k $110k $192k Bruce Power assumes operational control of the site and confirms plans to restart Units 3 and 4. Rehabilitation project approved for Bruce A. PO Box 1540 177 Tie Rd., R.R. The Ontario government was pleased with that news because the province would not be assuming any financial risk. 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. After joining AEP in 1998 as VP of Nuclear Engineering, Mike held various positions during his tenure, including Senior Vice President of Engineering, Projects and Field Services, where he led an extensive capital expansion program and strategic initiatives; Senior VP of Engineering, Technical and Environmental Services; and President of AEP ProServ, a wholly-owned engineering and field services subsidiary responsible for major power generation projects and outage management. Having problems? The OBAAs, hosted by the Ontario Chamber of Commerce, is the most recognized industry gala in Ontario focused on celebrating business success. 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. By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. Not to be trusted. Average Bruce Power Executive Manager yearly pay in Canada is approximately $141,734, which is 73% above the national average. Compare pay for popular roles and read about the team's work-life balance. Kevin is a graduate of the Massachusetts Institute of Technology (MIT) Reactor Technology Course for Utility Executives. In 2019, he earned $2.56 million in pay, which includes $1.55 million in base salary plus annual incentive pay. 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. They are paid well, but have to work hard and long. In January 2022 it announced completion of a facility to produce Lutetium-177, Lu-177 which is used to produce the medical isotope Lutetium (177Lu) oxodotreotide. 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. Valeant Pharmaceuticals International tops the ranking of Canadian CEO salaries for a second time this yearand thats after a $100 million pay cut. Naturally, the massive project will provide other benefits. 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. - Lines of communication between workers and management could be more mutually beneficial A majority of Bruce Power's employees are also owners in the business. 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. This includes site operational services, emergency protective services, external relations, nuclear regulatory affairs, environment and sustainability, asset dispatch and information technology. Cons. Bruce Power announces Project 2030, a project to increase the site generation peak to 7,000 MW for the 2030s. Note Holders. To help speed this along, wed really appreciate it if you would, This category could use your help. We are extremely proud to honour Mike Rencheck as CEO of the Year, said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. 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. 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. [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. Bruce Power, in returning Units 1-4 to service over the previous decade, provided the government with 70% of the carbon-free energy it needed to shut down coal. 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]. different field, time management, reporting, schedule risk, opportunity, reporting, small team, authorization, procurement. - Great pay/benefits 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. 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