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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Darren Matsugu

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Darren Matsugu served as the Director, Markets at Independent Electricity System Operator in 2023, received an annual salary of $193,918.58 and a taxable benefit of $234.42, as indicated by the Government of Ontario's Sunshine list. Darren has held the same position since 2023 has been receiving six-figure yearly compensation.

$194,153.00

Total paid in 2023

$193,918.58

Salary

$234.42

Taxable Benefit

Gender: Male
Male
Very high confidence

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Job Title :   Director, Markets
Employer :   Independent Electricity System Operator
Sector :   Crown Agencies
Year :   2023

Comparing peers in identical roles within the organization

$194K
Low: $194K Avg: $194K High: $194K

Comparison with other individuals in similar positions in Ontario

$194K
Low: $111K Avg: $225K High: $379K
Bottom 90% Below Average Above Average Top 10%

Between 2009 and 2023, Darren experienced an average annual increase of approximately 4.69% in annual salary, including taxable benefits at Independent Electricity System Operator. By 2023, Darren's total pay had risen by 86.37% compared to the pay in 2009. 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
2023 Director, Markets $193,919 $234 7.10%
2022 Senior Manager Operational Effectiveness $181,015 $266 1.87%
2021 Senior Manager Operational Effectiveness $177,690 $258 2.22%
2020 Senior Manager Market Design And Integration $173,828 $253 1.83%
2019 Senior Manager Market Design And Integration $170,689 $267 3.68%
2018 Senior Manager Market Design And Integration $164,568 $313 -5.64%
2017 Senior Manager Market Design And Integration $174,135 $594 18.95%
2016 Supervisor, Government Relations And Policy Analysis $146,297 $599 -0.08%
2015 Supervisor, Government Relations And Policy Analysis $146,428 $585 8.52%
2014 Supervisor, Economic And Policy Analysis $134,745 $722 1.98%
2013 Supervisor, Government Relations And Policy Analysis $132,106 $733 2.16%
2012 Supervisor, Government Relations And Policy Analysis $129,355 $674 8.52%
2011 Supervisor, Government Relations And Policy Analysis $119,274 $544 5.72%
2010 Senior Analyst, Market Development $112,829 $509 8.80%
2009 Analyst $103,981 $195

The 2023 Sunshine List has employee who held exactly same position title ( Director, Markets ) in the Independent Electricity System Operator.

Full Name Salary Taxable Benefit
Darren Matsugu $193,919 $234

The 2023 Sunshine List has 10 employees who held comparable positions in Ontario.

Full Name Job Title Employer Total Paid
Ghattas Dallal Managing Director Public Markets Ontario Power Generation $379,382
Thomas Patterson Director of Energy Markets And Electricity Growth Atura $376,856
Marc Chidiac Director Energy Markets Ontario Power Generation $234,870
Randy Leclair Director Capital Markets And Treasury City of Toronto $223,346
Raymond Wong Director Energy Markets Ontario Power Generation $218,420
Bashir Bhana Director Energy Markets Ontario Power Generation $214,021
Darren Matsugu Director, Markets Independent Electricity System Operator $194,153
Opal Kandelas Director, Treasury And Capital Markets Operations Ontario Financing Authority $174,424
Jeet Chatterjee Director, Capital Markets And Agency Relations Finance $127,873
Kathleen Coulson Executive Director, Capital Markets Institute And Rotman FinHub University of Toronto $110,654