The Ontario Sunshine List - Public Sector Salary Disclosure

The names, positions, salaries and total taxable benefits of public sector employees paid $100,000 or more in a calendar year.

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Carmine Marcello

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Carmine Marcello served as the President And Chief Executive Officer at Hydro One in 2014, received an annual salary of $741,554.25 and a taxable benefit of $3,654.00, as indicated by the Government of Ontario's Sunshine list. Carmine has held the same position since 2013 has been receiving six-figure yearly compensation.

$745,208.25

Total paid in 2014

$741,554.25

Salary

$3,654.00

Taxable Benefit

Gender: Male
Male
Very high confidence

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Job Title :   President And Chief Executive Officer
Employer :   Hydro One
Sector :   Ontario Power Generation
Year :   2014

Comparing peers in identical roles within the organization

$745K
Low: $745K Avg: $745K High: $745K

Comparison with other individuals in similar positions in Ontario

$745K
Low: $103K Avg: $297K High: $1,562K
Bottom 90% Below Average Above Average Top 10%

Between 2001 and 2014, Carmine experienced an average annual increase of approximately 14.60% in annual salary, including taxable benefits at Hydro One. By 2014, Carmine's total pay had risen by 437.14% compared to the pay in 2001. Notably, during Carmine's tenure as President And Chief Executive Officer, there has been a significant 2.28% rise in compensation over the past 1 year. Additional information can be found in the chart and table presented below.

Yearly Total Paid

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Year Job Title Salary Taxable Benefit Raise
2014 President And Chief Executive Officer $741,554 $3,654 2.28%
2013 President And Chief Executive Officer $724,917 $3,654 46.97%
2012 Executive Vice President, Strategy $493,655 $2,088 3.43%
2011 Executive Vice President, Strategy $477,219 $2,088 3.83%
2010 Executive Vice President, Strategy $459,620 $2,016 16.17%
2009 Senior Vice President - Asset Management $395,440 $1,925 18.73%
2008 Vice President, Corporate Projects $333,082 $1,603 23.56%
2007 Vice President, Corporate Projects $269,693 $1,171 34.95%
2006 Director, System Development $199,819 $898 -2.31%
2005 Director, System Development $204,674 $792 1.91%
2004 Director, System Development $200,858 $757 16.67%
2003 Director, System Development $172,158 $646 19.03%
2002 Manager, System Plans / N And E $144,610 $565 4.64%
2001 Manager, System Plans / N And E $138,173 $563

The 2014 Sunshine List has employee who held exactly same position title ( President And Chief Executive Officer ) in the Hydro One.

Full Name Salary Taxable Benefit
Carmine Marcello $741,554 $3,654

The 2014 Sunshine List has 263 employees who held comparable positions in Ontario.

10 out of 263 employees

Full Name Job Title Employer Total Paid
Thomas Mitchell President And Chief Executive Officer Ontario Power Generation $1,562,094
William Moriarty President And Chief Executive Officer, University of Toronto Asset Management Corporation University of Toronto $939,335
Robert Macisaac President And Chief Executive Officer Hamilton Health Sciences $757,583
William Reichman President And Chief Executive Officer Baycrest Centre For Geriatric Care $764,604
Carmine Marcello President And Chief Executive Officer Hydro One $745,208
Barry Mclellan President And Chief Executive Officer Sunnybrook Health Sciences Centre $765,305
Bruce Campbell President And Chief Executive Officer Independent Electricity System Operator $694,930
Joseph Mapa President And Chief Executive Officer Mount Sinai Hospital $692,426
Michelle Diemanuele President And Chief Executive Officer Trillium Health Partners $686,494
Catherine Zahn President And Chief Executive Officer Centre for Addiction and Mental Health $741,521