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. He is replaced by Mike Rencheck. Im extremely grateful to the Ontario Chamber of Commerce for the OBAA award and I accept it on behalf of our employees whose collective efforts have kept us safe and healthy through a very challenging 2020, Rencheck said. Please note that all salary figures are approximations based . Required fields are marked *. 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 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. They are paid well, but have to work hard and long. Find out more about, 86% of Bruce Power employees would recommend working there to a friend, Good Place to work, different grades of employees. This report is not for commercial use. 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. Bruce Power Salaries How much do Bruce Power employees make? 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. 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. He has contributed significantly to the prosperity of communities across the province. 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 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. Staff and contractors return Units 1 and 2 to service, while life-extension programs on Units 3 and 4 are completed. - Strong Safety Culture 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. Use our tool to get a personalized report on your market worth. 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. On the Power Polls FAQ page, Dobie writes: But not all opinions are equal. 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. 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. 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. Not to be trusted. 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. Your email address will not be published. Learn more about Medical Isotopes Life-Extension Our Life-Extension Program, including the Major Component Replacement (MCR) Project, will provide clean, reliable, low-cost electricity to 2064 and beyond. 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. 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.. - Work can feel repetitive 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. Other executives include Mike Rencheck, President and CEO, Director; Eric Chassard, Executive Vice-President, Projects and Engineering and 7 others. Salary information comes from 34 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Terrorist attacks in the U.S. prompt the formation of a full-time, rapid-response, armed security force at Bruce Power. Phone: 519 361 2673 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. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. You may wonder, just how does the Power Poll Operate? (Companies take varying amounts oftime to disclose executive compensation, which is why this ranking covers the year 2016.) 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. [7], Bruce Power is developing Unit 7 as an Isotope Production System (IPS). History is made in Unit 2 with the installation of the first steam generator ever to be replaced in a Canadian nuclear plant. 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. 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. 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. 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Faced with the largest surplus capacity of electricity in its history, Ontario Hydro defers decision made in previous year to retube Unit 2. About Bruce PowerFormed in 2001, Bruce Power is an electricity company based in Bruce County, Ontario. 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. The information shown here is a reporting of information included in the company's proxy statement. Power Poll boats one of their most successful sponsored questions was purchased by then Metro Council Member, now Mayor of Nashville, John Cooper (slide below). 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 This rating has improved by 3% over the last 12 months. Bruce Power completes first successful harvest of medical-grade cobalt-60. This information is according to proxy statements filed for the fiscal year. 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. 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. 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. 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. The people are mostly highly educated and in general friendly and willing to help solve any issues. Nuclear Operator salaries at Bruce Power can range from $90,000 - $153,242 per year. Bruce D Morelan is Chairman at Power City Electric Inc. See Bruce D Morelan's compensation, career history, education, & memberships. This annual awards gala, which aired virtually earlier today,celebrates the incredible innovations and achievements of a broad range of industry sectors and sizes from across the province. 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. Dobie reportedly told her this was a one-time thing due to him receiving commitments from multiple investors that were about to provide a few hundred thousand dollars in investments to Power Poll. Prior to joining AREVA, Mike was the Senior Vice President and Chief Nuclear Officer at American Electric Power (AEP). - remote from the city - politics when it comes to growing - moving up. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 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. President and CEO Duncan Hawthorne announces his retirement after 15 years at the helm of the company. 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. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. 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. The chart on this page features a breakdown of the total annual pay for , at HUMANA INC as reported in their proxy statements. PO Box 1540 177 Tie Rd., R.R. Prior to his role at Bruce Power, Kevin was responsible for setting up the reporting and governance structure for British Energy in North America. Upon completion of the sale, Borealis will become the majority partner of Bruce Power with 56.1 per cent ownership. 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. For a project this significant, this was a remarkable landmark for the entire industry. Prior to joining Bruce Power in 2016, he served as the Deputy Chief Operating Officer for AREVA Group, overseeing its extensive global capital portfolio of nuclear and renewable projects. Compare pay for popular roles and read about the team's work-life balance. A majority of Bruce Power's employees are also owners in the business. 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. [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. CEO Pay Ratio For its 2019 fiscal year, CLECO POWER LLC, listed the following CEO pay ratio data on its annual proxy statement to the SEC. - Great pay/benefits Why do people leave their jobs? Try another search query or. Bruce A and Heavy Water Plant construction begins, while a proposal for a bulk steam system is proposed. As Chief Development Officer, James leads the companys medical isotope business, net zero initiatives, power trading, business development and Indigenous/community economic partnerships. Previously, Cathy was the Canadian Vice-President of Human Resources for Coca-Cola Enterprises in Toronto. Kevin is a graduate of the Massachusetts Institute of Technology (MIT) Reactor Technology Course for Utility Executives. 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. Plans are announced for four nuclear reactors at Bruce A, as well as a Heavy Water Plant. A site bulk steam system is placed in service, while construction begins on the Western Waste Management Facility. Unit 1 was returned to the grid on Sept. 20, 2012, with Unit 2 following shortly thereafter on Oct. 18, 2012.[9][10]. The Saugeen Ojibway Nation and Bruce Power sign an agreement to jointly market new isotopes, creating new economic opportunities within the SON territory. Many upgrades to our safety systems and emergency response are implemented over the next four years. We are extremely proud to honour Mike Rencheck as CEO of the Year, said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. We are powered by our people. Over 35 years. Class B are the full time employees on MCR or other projects who actually make the plant run. 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. This system is not very fair for obvious reasons. Other prominent gold-star achievers for the past year include Gray Thornburg, Fate Thomas, Howard GentryJeff Teague, Butch Spyridon, Ron Snitker, John Rutherford, Abby Rubenfeld, Bill Purcell, Diane Neighbors, WKRNs Bob Mueller, Nashville Scene journalist Eli Motycka, Judge Amanda McClendon, TN Lookout Editor Holly McCall, Douglas Kreulen, Christine Karbowiak, Glenn Funk, Erin Evans, Keith Durbin, Adam Dread, Steve Cavendish, Heidi Campbell, Emily Benedict, Lee Beeman, Andrea Arnold, Stephanie Coleman. 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. 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. Note Holders. General inquiries: info@brucepower.com 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? This rating has been stable over the past 12 months. Decent Location, still cheap to buy as long as you stay out of Port Elgin. 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. - Lines of communication between workers and management could be more mutually beneficial, nice workspace, friendly colleague, insurance, Learning experience. Following the financial difficulties of British Energy in the Fall of 2002, the LLP became a wholly Canadian-owned Limited Partnership on Feb. 14, 2003. This ranking is compiled eachyear by the Canadian Centre for Policy Alternatives, using publicly available data. In 2008, Bruce Power applied for a licence to build a nuclear power plant at Cardinal Lake. What your skills are worth in the job market is constantly changing. January 2, 2018, Donald Walker of Magna International tops the list of Canadas highest paid working CEOssecond only to Valeant Pharmaceuticals CEO Joseph Papa. Bruce Power will assume any risk of financial overruns. 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. Unit 1 is ranked the top reactor in the world with a 97% capability factor. Bruce Power maintains a small specialized unit namely the Nuclear Response Team (NRT) which carry out tactical response operations in Bruce Power sites. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. The OBAAs, hosted by the Ontario Chamber of Commerce, is the most recognized industry gala in Ontario focused on celebrating business success. Average Bruce Power Executive Manager yearly pay in Canada is approximately $141,734, which is 73% above the national average. There are 4 classes of employees. Note Holders. Valeant Pharmaceuticals International tops the list for a second year runningeven after a $100 million pay cut for its CEO, By CB Staff It will take you 5-10 years to get from class D to class A. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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. 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. Prior to this, he served as President and CEO of AREVA Inc. in North America, leading its diverse nuclear manufacturing and services business in Canada and the United States with a workforce of about 5,000 people. See Mike Rencheck's compensation, career history, education, & memberships. A Fukushima Response program is launched on site after earthquakes and a tsunami in Japan cripple the Fukushima Daiichi nuclear facility. Coopers staff at the time shed some doubt on whether he actually paid for the specific question as claimed by Dobie uses in a marketing slide, and say the timing just isnt right. Bruce Power assumes operational control of the site and confirms plans to restart Units 3 and 4. General inquiries: info@brucepower.com 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. Class A are the do nothing folks who get paid full time but work maybe 25 hours a week (this is most everyone at B10 and full time trades at Bruce B and A). 86% of Bruce Power employees would recommend working there to a friend based on Glassdoor reviews. The concession for operating the station was granted by Ontario Power Generation, one of the five successor companies of the defunct Ontario Hydro. Great Pay Units 3 and 4 are shut down and placed in layup by the former Ontario Hydro. 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.. Pros. 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. He is a graduate of the US-based Institute of Nuclear Power Operations Senior Plant Manager Program and the Bruce Power Nuclear Operations Executive Fundamentals Program. 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. This system is not very fair for obvious reasons. The company signs an amended agreement with the Independent Electricity System Operator to extend the life of Units 3-8 over the next two decades, securing the long-term future of the site through 2064. Electricity company based in Bruce County, Ontario and CEO Duncan Hawthorne announces retirement. For operating the station was granted by Ontario Power Generation, one of the Massachusetts Institute Technology! 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