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 2024, received an annual salary of $216,576.61 and a taxable benefit of $217.68, 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.

$216,794.29

Total paid in 2024

$216,576.61

Salary

$217.68

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 :   2024

Comparing peers in identical roles within the organization

$217K
Low: $217K Avg: $217K High: $217K

Comparison with other individuals in similar positions in Ontario

$217K
Low: $144K Avg: $240K High: $441K
Bottom 90% Below Average Above Average Top 10%

Between 2009 and 2024, Darren experienced an average annual increase of approximately 5.15% in annual salary, including taxable benefits at Independent Electricity System Operator. By 2024, Darren's total pay had risen by 108.10% compared to the pay in 2009. Notably, during Darren's tenure as Director, Markets, there has been a significant 11.66% 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
2024 Director, Markets $216,577 $218 11.66%
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 2024 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 $216,577 $218

The 2024 Sunshine List has 11 employees who held comparable positions in Ontario.

10 out of 11 employees

Full Name Job Title Employer Total Paid
Ghattas Dallal Managing Director Public Markets Ontario Power Generation $440,659
Kelly Grieves Director, Energy Markets And Growth Atura $268,086
Paul Kerr Managing Director Private Markets Ontario Power Generation $259,487
Marc Chidiac Director Energy Markets Ontario Power Generation $257,089
Raymond Wong Director Energy Markets Ontario Power Generation $240,851
Bashir Bhana Director Energy Markets Ontario Power Generation $231,066
Randy Leclair Director Capital Markets And Treasury City of Toronto $230,716
Darren Matsugu Director, Markets Independent Electricity System Operator $216,794
Opal Kandelas Director, Treasury And Capital Markets Operations Ontario Financing Authority $185,434
Anna Brighton Managing Director Private Markets Ontario Power Generation $165,032