In 2014, Mike was recognized by the National Safety Council for his leadership demonstrating a personal commitment to worker safety and health as part of CEOs who get it. 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. History is made in Unit 2 with the installation of the first steam generator ever to be replaced in a Canadian nuclear plant. 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. mostly in public databases and media/press distribution lists, media contacts, city council members, attorneys, judges, and business owner databases. Rehabilitation project approved for Bruce A. [2] With those eight units in operation, the facility has a capacity of 5,403 megawatts and typically supplies nearly 30 per cent of the electricity used in Ontario's provincial power grid. We are extremely proud to honour Mike Rencheck as CEO of the Year, said Rocco Rossi, President and CEO, Ontario Chamber of Commerce. Please note that all salary figures are approximations based . Executive Compensation Data Year: Trend Analysis As at HUMANA INC, made $0 in total compensation. Bruce Power assumes operational control of the site and confirms plans to restart Units 3 and 4. 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, 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. Bruce Power Limited Partnership is a Canadian business partnership composed of several corporations. Why would the PWU agree with extending Letter of Understanding (LOU) 013 beyond the 2 year extension of the agreement? Bruce Power has an overall rating of 4.2 out of 5, based on over 241 reviews left anonymously by employees. Bruce Power provides over 30% of the electricity for Ontario, and produces medical grade isotopes that help to sterilize 40% of the single-use medical devices around the world, while also treating cancer. Eric joined Bruce Power as the Executive Vice-President, Projects and Field Services, in 2019. Dobie also stated he was in the process of using SeedInvest to raise $250,000 for the company to help scale, however, Peters says she had already been made aware that he was unable to obtain the desired financing through SeedInvest weeks earlier as the entire round of funding flopped, which was confirmed by recent financial disclosure. Excellent pay and benifits. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Her job was to grow the company as Chief Operating/Chief Revenue Officer, however, she says Dobie would not allow her to attend meetings with potential investors because she was a woman and Nashville is a good ole boys club where women are not usually allowed, according to a quoted statement in the complaint. Ontario Power Generation employees rated their Recommend to a friend 2% higher than Bruce Power employees rated theirs. The reports author, CCPA Senior Economist David Macdonald, said the growing gap between CEOs and the average employee is particularly stark as several of these business leadersLoblaw Cos. CEO Galen G. Weston, for instancehave been vocal opponents of raising the minimum wage. If a green pivot is to happen, power grids must become supergrids, continent-spanning networks that can move green energy thousands of miles. Bruce Power receives a 10-year operating licence extension from the Canadian Nuclear Safety Commission. Under Mikes leadership, Bruce Power has continued to produce 30 per cent of Ontarios electricity at 30 per cent less than the average cost to generate residential power, and the company continues its production of medical isotopes to support health care across Canada and internationally.. 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. 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. 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. 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. 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. TransCanada Corp. and BPC Generation Infrastructure Trust (OMERS) join Cameco, the Power Workers Union and the Society of Energy Professionals in the Bruce Power partnership, while British Energy withdraws. Not to be trusted. The average Bruce Power salary ranges from approximately $96,767 per year for an Engineering Trainee to $170,368 per year for a Section Manager.The average Bruce Power hourly pay ranges from approximately $37 per hour for a Development Student to $37 per hour for a Development Student.Bruce Power employees rate the overall compensation and benefits package undefined/5 stars. in Electrical Engineering from Lehigh University and has received management and leadership certifications from the Harvard Business School, and the Exelon Leadership Institute through Northwestern University. 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 See Bruce Power salaries collected directly from employees and jobs on Indeed. 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. The story of the Bruce Power site begins in the 1960s when Douglas Point, Canadas first commerical reactor, was built and placed into service. 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. Naturally, the massive project will provide other benefits. Chris has more than 33 years of experience in the nuclear power industry, with leadership roles in operations, engineering and projects. "Bruce has been a great leader. Bruce Power maintains a small specialized unit namely the Nuclear Response Team (NRT) which carry out tactical response operations in Bruce Power sites. 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. Phone: 519 361 2673 Bruce Dobie Power Poll lawsuit Nashville Scoop Nashville, Brittany Nicole Eakes charged in theft of $4800 in gift cards from Walgreens, Adam Donato makes death threat after being kicked out of downtown Nashville bar, Funeral Director Melvin Smith fires warning shot after disagreement over pothole repair work, Brandon Howard charged with P80 ghost gun and theft of 2022 Camry, Californias Christian Montion-Dominguez drunk and disorderly at the Holiday Inn Express, Dustan Conley bounced from Kid Rocks bar on Friday the 13th. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. A, B, C, and D. Class D are the folks who work for a vendor and they are treated like drones and paid poorly. Toll Free: 1 866 748 4787 Construction begins on additional heavy water plants. 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. On 3 December 2015, Bruce Power president/CEO Duncan Hawthorne announced that it would spend $13 billion for a major overhaul of six of its Lake Huron reactors, starting in 2020. Eric is a graduate of the National Polytechnic Institute of Grenoble, France, with a General Engineer Degree specializing in Nuclear Engineering. Salary information comes from 37 data points collected . Construction begins the following year. Kevin brings more than 25 years of experience in the areas of strategic and operational planning, financial reporting and cost management, treasury, taxation, pension and insurance. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. 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. Bruce Power provides electricity from eight nuclear reactors, and a five-turbine wind energy facility. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? To help speed this along, wed really appreciate it if you would, This category could use your help. - Good Work/Life Balance There are 4 classes of employees. 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. Board of Directors in CLECO POWER LLC We stand in solidarity with Black, Indigenous and People of Colour communities across the world in the unquestionable proclamation that their lives matter. Phone: 519 361 2673 Prior to joining Bruce Power, Cathy most recently served as Corporate Vice-President of Human Resources with J.D. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). In addition to the leadership of the Human Resources function for Canada, she was also on the North American HR Leadership team designing and developing HR programs and services for North America. Five of the sites under his leadership operated at the level of industry excellence. Unit 2 at Bruce A is shut down and placed in layup by the former Ontario Hydro. Kevin joined Bruce Power as the Head of Finance when the company was formed in 2001 after working with British Energy when that entity acquired 80 per cent of Bruce Power. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. A proposal to build four reactors at Bruce B is approved by the Ontario government. This rating has been stable over the past 12 months. 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. Unit 3 returns to service for the first time since 1998. Since its creation, Bruce Power has successfully restarted all four Bruce A reactors. Note Holders. Bruce Power has invested more than $7 billion in its Bruce A and B facilities to restart and optimize the performance of its nuclear fleet over the last decade and has successfully carried out massive refurbishment and plant life extension projects on all of its operational units. i look forward to moderating 'next level commerce: unleashing the power of pay,' and exploring #retail challenges, opportunities, emerging trends and charting a path forward for merchants. Based on 64 salaries Engineer 16 salaries Engineering Trainee 6 salaries View More Product & Project Management Based on 30 salaries Project Manager 5 salaries Project Coordinator During this time he also served on the due diligence and transition team focusing on the transaction between Bruce Power and Ontario Power Generation. Bruce Power supports the provinces historic vaccination efforts, working with health units across Ontario to establish mass vaccination hubs. Your email address will not be published. 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. [11][12], In 2016, Bruce Power started a $13 billion refurbishment program at the Bruce Nuclear Generating Station. What your skills are worth in the job market is constantly changing. Take 30 seconds to, Bruce Power has an overall rating of 4.2 out of 5, based on over 241 reviews left anonymously by employees. What is the highest salary at Bruce Power Inc.? (Companies take varying amounts oftime to disclose executive compensation, which is why this ranking covers the year 2016.) 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. In January 2022 it announced completion of a facility to produce Lutetium-177, Lu-177 which is used to produce the medical isotope Lutetium (177Lu) oxodotreotide. Uncover why Bruce Power is the best company for you. You may also find the annual proxy statement by going directly to the company's website. He also has demonstrated a commitment to many organizations that make a difference in peoples lives including Habitat for Humanity and the United Way. According to reviews on Glassdoor, employees commonly mention the pros of working at Bruce Power to be coworkers, career development, benefits and the cons to be senior leadership, diversity and inclusion, management. 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. Save my name, email, and website in this browser for the next time I comment. Powerful (long-tenure) CEOs also are more likely to also become chair of the board, as well as earn more compensation. Why do people leave their jobs? 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. Coronavirus Tips Working and Protection. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. PO Box 1540 177 Tie Rd., R.R. 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