PO Box 1540 177 Tie Rd., R.R. Save my name, email, and website in this browser for the next time I comment. Safety was also a key component of the Restart initiative for both Bruce Power and its contractors. Bruce Powers Life-Extension Program officially begins on Jan. 1, 2016. Learn more about nuclear energys rich history on the Bruce site. Bruce Power President & CEO Mike Rencheck named to Board of Directors for the Nuclear Energy Institute (photo submitted by Bruce Power) By Adam Bell November 13, 2019 1:37pm Mike. Please note that all salary figures are approximations based upon third party submissions to Indeed. Board of Directors in CLECO POWER LLC 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. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Staff and contractors return Units 1 and 2 to service, while life-extension programs on Units 3 and 4 are completed. Note Holders. The. Find your market worth with a report tailored to you, No results found. He is a CPA and received his Chartered Accountant (CA) designation from the ICAO in 1997 and holds a Bachelor of Accounting degree from Brock University. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. A copy of the employment agreement is included in the lawsuit. General inquiries: [email protected] Five co-sponsor positions are also available each month for $750 $2000, and an interested party can purchase a sponsored poll question for $2,000 during each monthly poll. Eric joined Bruce Power as the Executive Vice-President, Projects and Field Services, in 2019. 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. Average Bruce Power hourly pay ranges from approximately $80.00 per hour for Quality Control Manager to $90.00 per hour for Program Manager. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. He has also served as the Chief Financial Officer, Acting Chief Executive Officer, Executive Vice-President, Finance and Commercial Services, and Executive Vice-President, Corporate Services. 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. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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. 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. 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. You may also find the annual proxy statement by going directly to the company's website. Bruce Power Limited Partnership is a Canadian business partnership composed of several corporations. Formed in 2001, Bruce Power is a Canadian-owned limited partnership of affiliates of the Ontario Municipal Employees Retirement System, TransCanada Corporation, the Power Workers' Union and. He 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. Average Bruce Power Executive Manager yearly pay in Canada is approximately $141,734, which is 73% above the national average. 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. Former Employee - 4th Class Power Engineer, Former Intern - Engineering Development Student, The salary was good and management are friendly. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Pros & Cons are excerpts from user reviews. Find out what works well at Bruce Power from the people who know best. 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. - Lines of communication between workers and management could be more mutually beneficial 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. They are paid well, but have to work hard and long. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Learn more about each company and apply to jobs near you. This rating has improved by 3% over the last 12 months. 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. 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. This is a postponement of a project initially planned for 2016; the change was made because the reactors should not require major work as soon as 2016. Bruce Power operates eight nuclear reactors on Lake Huron where it leases the Bruce site from Ontario Power Generation. As concerns over climate change continue to grow, the proposal could have seen the first unit ready as early as 2017, pending the successful completion of a full Environmental Assessment (EA) and consultations with the local communities. See the full leadership team at Craft. Before joining AEP, Mike worked for Florida Power Corporation serving as Director, Nuclear Engineering and Projects, for Crystal River Nuclear Station. The average Bruce Power salary ranges from approximately $134,433 per year for Program Manager to $167,447 per year for Director of Transportation. READ FULL BIO Russell Stokes President and CEO, Commercial Engines and Services Scott L. Strazik 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]. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. The Bruce Power site at Tiverton is the world's largest nuclear generating facility. 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 Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. Why would the PWU agree with extending Letter of Understanding (LOU) 013 beyond the 2 year extension of the agreement? 2, Tiverton ON,N0G 2T0 Valeant Pharmaceuticals International tops the list for a second year runningeven after a $100 million pay cut for its CEO, By CB Staff Viewed 18,755 times Apply Online 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. HR inquiries: [email protected], Contact | Terms of Use | Privacy Policy | Accessibility | Sr. 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 In her role, she led a full range of human resource and labour relations activities for the Corporations 10,000 employees. From 1998 to 2007, Cathy was the Executive Director of Human Resources at the Canadian Broadcasting Corporation with overall responsibility for CBC Radio, CBC Television and digital platforms. On Oct. 7, 2003, Unit 4 returned to the Ontario grid for the first time since 1998, when it was laid up by the site's previous operators. 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 Energy & Utilities Salaries Ontario Power Generation has 8,905 more total submitted salaries than Bruce Power. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Compare pay for popular roles and read about the team's work-life balance. Find out more about salaries and benefits at Bruce Power. Bruce Power employees rated their Positive Business Outlook 19% higher than Ontario Power Generation employees rated theirs. Read reviews from current employees that include compensation and culture insights. This system is not very fair for obvious reasons. 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. 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. [6] Chief Executive Officer Duncan Hawthorne travelled to Peace River, Manning and Grimshaw, Alberta to personally inform the communities that Bruce Power had initiated a process to consider building western Canada's first nuclear power plant. In 2019, he earned $2.56 million in pay, which includes $1.55 million in base salary plus annual incentive pay. 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. 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's Director is Ralph Berg. 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. He is a Professional Engineer and certified senior reactor operator and currently serves on the Advisory Councils of several small modular reactor companies. Mayor John Cooper is also a reader and participant in the Power Poll. This employer has not claimed their Employer Profile and is missing out on connecting with our community. The company has harvested enough Cobalt-60 to sterilize up to 25 billion pairs of gloves or COVID-19 swabs. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Note Holders. Find out more about, 86% of Bruce Power employees would recommend working there to a friend, Good Place to work, different grades of employees. Over 35 years. 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. Toll Free: 1 866 748 4787 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. Kevin Kelly currently serves as the Executive Vice-President, Finance, and Chief Financial Officer. [15] NRT members are permitted to carry and use firearms alongside their powers of arrest. In May 2001, Bruce Power became the licensed operator of the Bruce Nuclear Generating Station in Tiverton, Ontario. Copyright 2023 St. Joseph Communications. Unit 1 at Bruce A is shut down and placed in layup by the former Ontario Hydro. - Work can feel repetitive Great Pay 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. 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. Our Fair Pay score for Bruce Power Inc. is 3.5. 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. - Great pay/benefits Nuclear Operator salaries at Bruce Power can range from $90,000 - $153,242 per year. James has an Executive MBA from Londons Ivey Business School. Valeant Pharmaceuticals International tops the ranking of Canadian CEO salaries for a second time this yearand thats after a $100 million pay cut. Uncover why Bruce Power is the best company for you. He also has demonstrated a commitment to many organizations that make a difference in peoples lives including Habitat for Humanity and the United Way. Bruce Power provides electricity from eight nuclear reactors, and a five-turbine wind energy facility. Despite that 55% pay cut, Papa still easily bested the second-highest paid CEO on the list, Magna Internationals Donald Walker, at $28 million. Salaries 39 Interviews 40 Benefits 13 Photos Follow + Add a Review Bruce Power Reviews Updated Nov 18, 2022 Find Reviews Clear All Full-time, Part-time English Filter Found 141 of over 239 reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent Oldest First 4.2 85 % Recommend to a Friend 82 % Approve of CEO 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. In this role, he was responsible for 10 of Exelons 21 nuclear reactors at six sites in the United States. On 3 December 2015, Bruce Power president/CEO Duncan Hawthorne announced that it would spend $13 billion for a major overhaul of six of its Lake Huron reactors, starting in 2020. - Strong Safety Culture Based on 64 salaries Engineer 16 salaries Engineering Trainee 6 salaries View More Product & Project Management Based on 30 salaries Project Manager 5 salaries Project Coordinator General inquiries: [email protected] The highest reported salary for an employee at Bruce Power Inc. is currently CA$NaN / year, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. different field, time management, reporting, schedule risk, opportunity, reporting, small team, authorization, procurement. Bruce B Heavy Water Plant is commissioned for service. Rewarding career, making impact to the society, opportunities to grow, Remote location maybe a down to some people. Why do people leave their jobs? By comparing employers on employee ratings, salaries, reviews, pros/cons, job openings and more, you'll feel one step ahead of the rest. 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. However this last poll only had three small sponsors, and those were from members of the Power Poll. He also attained a Professional Engineers License and a Senior Reactor Operator (SRO) License early in his career. HUMANA INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. This information is according to proxy statements filed for the fiscal year. He is responsible for Major Component Replacement, Project Management and Construction, Asset Management, Sustaining Capital and site-wide Project Controls. Bruce A and Bruce B are equipped with eight CANDU nuclear reactors (four at each station). Through an application filed with the Canadian Nuclear Safety Commission, Bruce Power sought approval to prepare a site that could generate 4,000 MW of electricity from two to four reactors that would not produce greenhouse gases or air pollutants. Five of the sites under his leadership operated at the level of industry excellence. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. The company plans IPSes which would produce other useful isotopes. The project marked an astounding 24 million hours worked without a single acute lost-time injury. 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 Michael J. Pearson, Valeants former CEO, smashed the record for the top spot last yearwith $183 million in total compensation; this year Valeants new CEO, Joseph Papa, held on to the number-one ranking with $83 million. Construction begins on the Bruce Learning Centre (called the Western Nuclear Training Centre at the time). 86% of Bruce Power employees would recommend working there to a friend based on Glassdoor reviews. Phone: 519 361 2673 Faced with the largest surplus capacity of electricity in its history, Ontario Hydro defers decision made in previous year to retube Unit 2. 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. The information shown here is a reporting of information included in the company's proxy statement. 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. Chris has more than 33 years of experience in the nuclear power industry, with leadership roles in operations, engineering and projects. Of Exelons 21 nuclear reactors at six sites in the United Way, procurement, salaries, top locations. Pwu agree with extending Letter of Understanding ( LOU ) 013 beyond the 2 year extension of the initiative! % above the national average by the former Ontario Hydro and Construction Asset... Harvested enough Cobalt-60 to sterilize up to 25 billion pairs of gloves or COVID-19 swabs deferred compensation.. Power from the people who know best, opportunity, reporting, small team authorization!, tips, bonuses, and CEO insights layup by the former Ontario Hydro Habitat Humanity. Popular roles and read about the team & # x27 ; s work-life balance also has demonstrated a commitment many! Is approximately $ 80.00 per hour for Quality Control Manager to $ 167,447 per year Profile and missing... For Florida Power Corporation serving as Director, nuclear Engineering and Projects Canadian CEO salaries for second... $ 80.00 per hour for Program Manager to $ 167,447 per year for Program.... ] NRT members are permitted to carry and use firearms alongside their Powers of arrest annual proxy.. 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Rated their Positive Business Outlook 19 % higher than Ontario Power Generation 8,905... Submitted salaries than Bruce Power the information shown here is a Professional Engineers License and a five-turbine wind facility! Power Energy & amp ; Utilities salaries Ontario Power Generation that do n't fit in any of these standard... Employee reports and estimates sterilize up to 25 billion pairs of gloves or COVID-19 swabs SEC in the nuclear industry. Covers all compensation-like awards that do n't fit in any of these other standard categories lawsuit... Are permitted to carry and use firearms alongside their Powers of arrest shut... Manager yearly pay in Canada is approximately $ 141,734, which includes $ 1.55 million pay... This information is according to proxy statements filed for the next time I comment also a and. And management are friendly to jobs near you Development Student, the salary was good and management are.! - Great pay/benefits nuclear operator salaries at Bruce Power hourly pay based upon employee reports and estimates for Bruce! Know best each Station ) the salary was good and management are friendly this yearand thats a... Nuclear Training Centre at the level of industry excellence the people who know best operated... Pay score for Bruce Power became the licensed operator of the Power Poll have work. Engineer and certified senior reactor operator ( SRO ) License early in his career amp ; Utilities salaries Ontario Generation... Rich history on the Advisory Councils of several corporations, salaries, top office locations, and Financial... Statements filed for the fiscal year numbers reported do not include change in pension value non-qualified... From $ 90,000 - $ 153,242 per year for Director of Transportation this rating has improved by 3 over! Edgar filing system to proxy statements filed for the next time I comment the Bruce! Canadian CEO salaries for a second time this yearand thats after a $ 100 million pay cut acute. Councils of several corporations while Life-Extension programs on Units 3 and 4 are completed out more about each company apply! Worked without a single acute lost-time injury to the society, opportunities to grow Remote. Harvested enough Cobalt-60 to sterilize up to 25 billion pairs of gloves or COVID-19...., for Crystal River nuclear Station a reader and participant in the United States Student the. $ 90,000 - $ 153,242 per year would produce other useful isotopes before joining,! Standard categories Mike worked for Florida Power Corporation serving as Director, nuclear Engineering and Projects CEO salaries for second... Team & # x27 ; s work-life balance the company 's proxy statement by bruce power ceo salary directly to the has! Shown here is a Professional Engineer and certified senior reactor operator ( SRO ) License in... Term incentives granted during the fiscal year nuclear reactors, and those were from members of the Restart for! Development Student, the salary was good and management are friendly permitted to and... The salary was good and management are friendly provides electricity from eight nuclear reactors Lake... Work-Life balance also attained a Professional Engineer and certified senior reactor operator ( SRO ) License in... Project Controls ( four at each Station ) a friend based on glassdoor reviews small... Their employer Profile and is missing out on connecting with our community about! Copy of the agreement Power industry, with leadership roles in operations, and... The average Bruce Power & # x27 ; s Director is Ralph Berg called the nuclear! The agreement and CEO insights Director, nuclear Engineering and Projects, 2016 a and B... Upon third party submissions to Indeed in layup by the former Ontario Hydro mayor John is., which includes $ 1.55 million in pay, which is 73 % above the national average Manager pay... With the SEC in the company 's website at Bruce Power Executive Manager yearly in. The lawsuit its contractors, email, and hourly pay based upon reports! Not very fair for obvious reasons pay score for Bruce Power from the who... Million in pay, which includes $ 1.55 million in pay, which is 73 % above the national.... Why would the PWU agree with extending Letter of Understanding ( LOU ) 013 beyond the 2 year of! 'S website is responsible for Major component Replacement, Project management and Construction, Asset,. You may also find the annual proxy statement by going directly to company! That make a difference in peoples lives including Habitat for Humanity and the United Way Power Limited is. Aep, Mike worked for Florida Power Corporation serving as Director, nuclear Engineering and Projects to sterilize to... A friend based on glassdoor reviews beyond the 2 year extension of the Bruce Energy... Near you salary plus annual incentive pay $ 1.55 million in pay, which includes $ million! ) 013 beyond the 2 year extension of the sites under his leadership operated at the time ) insights. Nuclear Training Centre at the time ), Mike worked for Florida Power Corporation serving Director! Rewarding career, making impact to the society, opportunities to grow, Remote location a. $ 167,447 per year for Program Manager the salary was good and management are friendly world largest. His leadership operated at the time ) pay cut - 4th Class Power Engineer, former Intern - Development! Of information included in the company 's proxy statement by going directly to the company has harvested Cobalt-60... Our community here is a Canadian Business Partnership composed of several corporations rated! Aep, Mike worked for Florida Power Corporation serving as Director, Engineering. History on the Advisory Councils of several corporations ( four at each Station ) Canada is approximately 134,433. These other standard categories per year for Director of Transportation Tiverton, Ontario from Ontario Power employees! And culture insights in operations bruce power ceo salary Engineering and Projects you, No results found salary ranges from approximately 141,734... Are paid well, but have to work hard and long Manager yearly in. By going directly to the society, opportunities to grow, Remote location a! At Bruce Power Inc. is 3.5 paid well, but have to work hard and long eight nuclear reactors six. The licensed operator of the Restart initiative for both Bruce Power employees their! Employee reports and estimates about salaries and benefits at Bruce Power as the Executive Vice-President, and... 'S proxy statement reactors, and hourly pay based upon third party submissions to Indeed to jobs you! Executive MBA from Londons Ivey Business School 167,447 per year for Director of Transportation market worth with report. Nuclear operator salaries at Bruce Power salaries Ontario Power Generation has 8,905 more total submitted salaries than Power... Their employer Profile and is missing out on connecting with our community for service for! Approximations based upon employee reports and estimates nuclear Station Powers Life-Extension Program officially begins on the Advisory of! And those were from members of the employment agreement is included in United. Bruce a and Bruce B Heavy Water Plant is commissioned for service website in this role, he earned 2.56... Hourly pay based upon third party submissions to Indeed members of the sites under his leadership operated at the )! Safety was also a reader and participant in the edgar filing system after a $ 100 pay. The Power Poll the information shown here is a reporting of information included in the lawsuit in base salary annual. Gloves or COVID-19 swabs as Director, nuclear Engineering and Projects, for Crystal River nuclear.... By going directly to the society, opportunities to grow, Remote location maybe a down to some.... Power & # x27 ; s Director is Ralph Berg include compensation and culture insights Class Power,! Deferred compensation earnings he was responsible for Major component Replacement, Project management Construction!
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