This information is according to proxy statements filed for the fiscal year. 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. We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. However, the agreement will require Ontario to pay a higher price for electricity produced by Bruce Power. The concession for operating the station was granted by Ontario Power Generation, one of the five successor companies of the defunct Ontario Hydro. A copy of the lawsuit is below, which alleges breach of employment contract, sex discrimination, fraudulent inducement, and false and deceptive employment practices. Valeant Pharmaceuticals International tops the list for a second year runningeven after a $100 million pay cut for its CEO, By CB Staff 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. 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. 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. Bruce Powers Leadership Team isresponsible for more than 4,000 employees who work to provide Ontario with over 30 per cent of its electricity. 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. 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]. Bruce Power receives a 10-year operating licence extension from the Canadian Nuclear Safety Commission. President and CEO Duncan Hawthorne announces his retirement after 15 years at the helm of the company. Eric is a graduate of the National Polytechnic Institute of Grenoble, France, with a General Engineer Degree specializing in Nuclear Engineering. 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. Kevin Kelly currently serves as the Executive Vice-President, Finance, and Chief Financial Officer. However this last poll only had three small sponsors, and those were from members of the Power Poll. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. In this role, he was responsible for 10 of Exelons 21 nuclear reactors at six sites in the United States. The people are mostly highly educated and in general friendly and willing to help solve any issues. They are paid well, but have to work hard and long. This rating reflects the overall rating of Bruce Power and is not affected by filters. 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. The shortcode with the name issuu-popup dose not exist. This report is not for commercial use. 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. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. See Mike Rencheck's compensation, career history, education, & memberships. Bruce Power and the County of Bruce launch the Economic Development and Innovation Initiative to ensure the communities in Bruce Grey and Huron counties share in the economic benefits generated by Bruce Powers multi-year Life-Extension program. Bruce Power becomes the worlds largest operating nuclear facility. He is responsible for Major Component Replacement, Project Management and Construction, Asset Management, Sustaining Capital and site-wide Project Controls. HR inquiries: HRhelpdesk@brucepower.com, Contact | Terms of Use | Privacy Policy | Accessibility | Sr. Just seven months into her employment, Dobie reportedly hosted a Zoom call with Julie Peters, Sean Donnelly, and Daryl Swanson, during which he stated Power Poll, LLC, did not have enough money to continue paying them and their contracts had ended. Her job was to grow the company as Chief Operating/Chief Revenue Officer, however, she says Dobie would not allow her to attend meetings with potential investors because she was a woman and Nashville is a good ole boys club where women are not usually allowed, according to a quoted statement in the complaint. Find your market worth with a report tailored to you, No results found. Bruce Power is a leading supplier of medical isotopes that are used worldwide in cancer-fighting treatments and sterilization of medical devices. 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. 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. See the full leadership team at Craft. Nuclear Power Reactor Operator in Penetanguishene, Ontario, New research shows how to set pay for remote employees. This is a postponement of a project initially planned for 2016; the change was made because the reactors should not require major work as soon as 2016. The 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. Note Holders. - Lines of communication between workers and management could be more mutually beneficial - Great pay/benefits Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. As part of the decision-making process, open houses, workshops and community meetings were held and regular newsletters issued to update residents and seek their input across Alberta. Save my name, email, and website in this browser for the next time I comment. Website: www.brucepower.com Headquarters: Kincardine, Canada Size: 1001 to 5000 Employees Founded: 2001 Type: Company - Private Industry: Energy & Utilities Revenue: $1 to $5 billion (USD) Competitors: Unknown Bruce Power Reviews 4.2 85 % Recommend to a Friend 82 % Approve of CEO Mike Rencheck 44 Ratings 5.0 Over the last 36 years, Mike has served in a number of roles. Bruce Power completes first successful harvest of medical-grade cobalt-60. What your skills are worth in the job market is constantly changing. READ FULL BIO Russell Stokes President and CEO, Commercial Engines and Services Scott L. Strazik 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. History is made in Unit 2 with the installation of the first steam generator ever to be replaced in a Canadian nuclear plant. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. For a project this significant, this was a remarkable landmark for the entire industry. 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. 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. Mike Rencheck is President/CEO at Bruce Power LP. 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. 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. About Bruce PowerFormed in 2001, Bruce Power is an electricity company based in Bruce County, Ontario. Uncover why Bruce Power is the best company for you. Powerful (long-tenure) CEOs also are more likely to also become chair of the board, as well as earn more compensation. 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? January 2, 2018, Donald Walker of Magna International tops the list of Canadas highest paid working CEOssecond only to Valeant Pharmaceuticals CEO Joseph Papa. 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. Five of the sites under his leadership operated at the level of industry excellence. 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. 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. Engineering Based on 2 salaries Mechanical Engineer 1 salary SWE 1 salary View More Business Based on 1 salaries Supervisor 1 salary View More Operations Based on 1 salaries Master Scheduler 1 salary A multi-billion dollar agreement is reached between Bruce Power and the Ontario Power Authority paved the way for the refurbishment of Units 1 and 2, which were shut down in 1997 and 1995 respectively. PO Box 1540 177 Tie Rd., R.R. Board of Directors in CLECO POWER LLC 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. Were a little short on data, but you can help. 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. The company has harvested enough Cobalt-60 to sterilize up to 25 billion pairs of gloves or COVID-19 swabs. 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. In 2008, Bruce Power applied for a licence to build a nuclear power plant at Cardinal Lake. James Scongack is the Chief Development Officer and Executive Vice-President Operational Services at Bruce Power. The chart on this page features a breakdown of the total annual pay for , at HUMANA INC as reported in their proxy statements. 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. 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