He has been a director at the company since 2012 and was president chief operating officer of Exelon and Exelon Generation from 2008 through 2012. 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. Upon completion of the sale, Borealis will become the majority partner of Bruce can! Find out what works well at Bruce Power from the people who know best. Kevin is a graduate of the Massachusetts Institute of Technology (MIT) Reactor Technology Course for Utility Executives. "Bruce has been a great leader. He has been president and CEO since July 2012, and was appointed chair in December 2013. In May 2001, Bruce Power became the licensed operator of the Bruce Nuclear Generating Station in Tiverton, Ontario. 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. See reviews, salaries & interviews from Bruce Power employees in Kincardine, ON. See the full leadership team at Craft. Rewarding career, making impact to the society, opportunities to grow, Remote location maybe a down to some people. Bruce Powers Life-Extension Program officially begins on Jan. 1, 2016. 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. Female. However this last poll only had three small sponsors, and those were from members of the Power Poll. In July 2020, it sold its gas transmission and storage business to Berkshire Hathaway (BRK.A, BRK.B) in a deal valued at $9.7 billion. President and Chief Executive Officer with a demonstrated history of leadership and producing excellent results in utilities, engineering / construction and services industries. 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. A copy of the employment agreement is included in the lawsuit. The act requires organizations that receive public funding from the Province of Ontario to make public, by March 31 each year, the names, positions, salaries and total taxable benefits of employees paid $100,000 or more in the . 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. American Electric Power. 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. He was designated by the U.S. Department of Energy as a STEM ambassador, and served as a member of the Board of Directors of the Virginia Nuclear Energy Consortium Authority. This consisted of $1.34 million in base salary, $11 million in stock awards and the remainder coming other forms of compensation. He has contributed significantly to the prosperity of communities across the province. Prior to joining Bruce Power, Cathy most recently served as Corporate Vice-President of Human Resources with J.D. 5. The Bruce Power site at Tiverton is the world's largest nuclear generating facility. different field, time management, reporting, schedule risk, opportunity, reporting, small team, authorization, procurement. 2, Tiverton ON,N0G 2T0 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. How much do Bruce Power employees make? 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. General inquiries: info@brucepower.com Over 35 years. Eric joined Bruce Power as the Executive Vice-President, Projects and Field Services, in 2019. 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. "Notice of 2020 Annual Meeting and Proxy Statement," Pages 12, 25, and 64. Bruce Power Energy & Utilities Salaries Ontario Power Generation has 8,905 more total submitted salaries than Bruce Power. In her role, she led a full range of human resource and labour relations activities for the Corporations 10,000 employees. Proxy statements filed for the next four years Operator in Penetanguishene, Ontario based on Glassdoor to if! What your skills are worth in the job market is constantly changing. 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. Unit 1 was returned to the grid on Sept. 20, 2012, with Unit 2 following shortly thereafter on Oct. 18, 2012.[9][10]. The shortcode with the name issuu-popup dose not exist. 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.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 . Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden's administration. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. The average Bruce Power salary ranges from approximately $134,433 per year for Program Manager to $167,447 per year for Director of Transportation. 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. As at HUMANA INC, made $0 in total compensation. The chart on this page features a breakdown of the total annual pay for Bruce D. Broussard, President and Chief Executive Officer at HUMANA INC as reported in their proxy statements. Terrorist attacks in the U.S. prompt the formation of a full-time, rapid-response, armed security force at Bruce Power. 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. The Public Sector Salary Disclosure Act, 1996 makes Ontario's public sector more open and accountable to taxpayers. Amounts oftime to disclose Executive compensation and culture insights, & amp Utilities. 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. 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. Bruce Power LP. kate spade new york()micchi 2way(*^^*)2(*^^*) . The Life-Extension Program, the largest private-sector infrastructure project in Canada, includes the Major Component Replacement Project. Douglas Point and Bruce A Heavy Water Plant are shut down. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. In 2019, he earned $2.56 million in pay, which includes $1.55 million in base salary plus annual incentive pay. 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. These include white papers, government data, original reporting, and interviews with industry experts. The shortcode with the name issuu-popup dose not exist. Market new isotopes, creating new economic opportunities within the SON territory `` Glassdoor '' and logo are registered of B is approved by the former Ontario Hydro contributed significantly to the COVID-19 pandemic Unit,! Late in 2011, Bruce Power announced it had decided against advancing the proposal. Please note that all salary figures are approximations based upon third party submissions to Indeed. However, the agreement will require Ontario to pay a higher price for electricity produced by Bruce Power. See what employees say it's like to work at Bruce Power. - Work can feel repetitive [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. During the COVID crisis, Bruce Power has participated in and often led several programs to help others. 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. Bruce Power maintains a small specialized unit namely the Nuclear Response Team (NRT) which carry out tactical response operations in Bruce Power sites. Our 4,200 employees are the foundation of our accomplishments and are . 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? 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. The Saugeen Ojibway Nation and Bruce Power sign an agreement to jointly market new isotopes, creating new economic opportunities within the SON territory. 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. The Life-Extension Program, the largest private-sector infrastructure project in Canada, includes the Major Component Replacement Project. Cathy graduated from Mount Saint Vincent University, holds a Bachelor of Commerce from St. Marys University and a Master of Business Administration from Athabasca University. That include compensation and pay are most commonly found in the Def 14a documents and Ontario Power Generation rated. Class B are the full time employees on MCR or other projects who actually make the plant run. Find out what works well at Bruce Power from the people who know best. 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. Since 2016, total compensation to CEOs across the . Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Chair, Corporate Governance CommitteeMember, Strategic Planning Committee. 2, Tiverton ON,N0G 2T0 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. Founded 1960. The typical Bruce Power Nuclear Operator salary is $139,764 per year. Copyright 2023 St. Joseph Communications. 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. By Bruce Power 3.9 out of 5 for work life balance, 3.8 culture... Figures are approximations based upon third party submissions to Indeed from the people who know best Projects actually! 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