Laura Formusa

Laura Formusa held the position of President & Chief Executive Officer at the Hydro One in 2013 and received an annual salary of $159,500.00 as per the records provided by the Government of Ontario.

Year: 2013

Salary: $159,500.00

Position: President & Chief Executive Officer

Employer: Hydro One

Category of Employment: Hydro One and Ontario Power Generation

Source: Ontario's Sunshine List

LinkedIn Icon Find Laura Formusa on LinkedIn

Salary History

The historical salary and taxable benefits of Laura Formusa from 1999 to 2013 at Hydro One

Year Salary Benefits Raise Position Employer
2013 $159,500.00 $0.00 -84.6% President & Chief Executive Officer Hydro One
2012 $1,036,740.38 $2,561.28 7.8% President & Chief Executive Officer Hydro One
2011 $961,963.00 $2,561.28 0.9% President & Chief Executive Officer Hydro One
2010 $953,844.04 $2,472.96 -2.2% President & Chief Executive Officer Hydro One
2009 $975,175.92 $2,469.88 5.5% President & Chief Executive Officer Hydro One
2008 $924,436.94 $2,436.00 16.4% President/Chief Executive Officer Hydro One
2007 $794,299.31 $966.00 71.8% President/Chief Executive Officer Hydro One
2006 $462,272.60 $835.20 -1.1% General Counsel And Secretary Hydro One
2005 $467,568.64 $739.20 6.1% General Counsel/Secretary Hydro One
2004 $440,597.40 $704.00 27.5% VP, General Counsel Hydro One
2003 $345,654.90 $650.10 14.0% VP, General Counsel Hydro One
2002 $303,221.44 $541.20 4.4% VP, General Counsel Hydro One
2001 $290,528.36 $539.00 9.5% General Counsel & Secretary Hydro One
2000 $265,335.72 $514.80 63.4% General Counsel & Secretary Hydro One
1999 $162,335.68 $2,019.41 N/A Assistant General Counsel Hydro One
Laura Formusa experienced an average yearly salary raise of approximately 9.95% from 1999 to 2013. The salary in 2013 reflects a raise of -1.75% compared to the salary in 1999.

Top-earning individuals in the same location, holding identical position

List of the highest-earning President & Chief Executive Officer at Hydro One in 2013

Name Salary Position Employer Year
CARMINE MARCELLO $724,916.83 President & Chief Executive Officer Hydro One 2013
LAURA FORMUSA $159,500.00 President & Chief Executive Officer Hydro One 2013

Top-earning individuals holding identical position in other locations

List of the highest-earning President & Chief Executive Officer in the Ontario's Sunshine List

Name Salary Position Employer Year
THOMAS MITCHELL $1,714,000.04 President & Chief Executive Officer Ontario Power Generation 2013
BARRY MCLELLAN $709,499.97 President & Chief Executive officer Sunnybrook Health Sciences Centre 2013
RUEBEN DEVLIN $498,632.19 President & Chief Executive Officer Humber River Hospital 2013
MARIAN WALSH $487,431.88 President & Chief Executive Officer Bridgepoint Hospital 2013
MATTHEW ANDERSON $484,170.47 President & Chief Executive Officer William Osler Health System 2013
BRUCE CAMPBELL $468,431.09 President & Chief Executive Officer Independent Electricity System Operator 2013
GILLIAN KERNAGHAN $446,720.68 President & Chief Executive Officer St. Joseph's Health Care, London 2013
MARILYN EMERY $446,455.94 President & Chief Executive Officer Women's College Hospital 2013
RIK GANDERTON $442,307.00 President & Chief Executive Officer Rouge Valley Health System 2013
ROBERT DEVITT $425,001.20 President & Chief Executive Officer Toronto East General Hospital 2013
  • Top Salaries at Hydro One in the 2011 Sunshine List
  • President & Chief Executive Officer
    $724,916.83
  • Chief Administrative Officer & Chief Financial Officer
    $565,058.60
  • Senior Vice President, Customer Operations
    $563,001.74
  • Chief Operating Officer
    $562,522.47
  • Senior Vice President, Planning & Operating
    $446,618.36