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Carmine Marcello

Hydro One/President and Chief Executive Officer

2014 Salary — last year on the list

$741,554

Total compensation $745,208, including $3,654 in taxable benefits.

Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page

At a Glance
2014

Employer Rank

#1

Hydro One

Years on List

16

1999–2014

Peak Salary

$741,554

2014

Full 2014 roster at Hydro One →·See where $741,554 ranks →

Total Compensation History

Total compensation by yearLine chart of 16 yearly values of total compensation, from $103,207 in 1999 to $745,208 in 2014.$200K$400K$600K$800K199920022005200820112014
Total compensation, 1999–2014. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
1999–2014

$102,491 in 1999 is worth about $181,152 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2014President and Chief Executive OfficerHydro One$741,554Benefits $3,654Total $745,208
2013President & Chief Executive OfficerHydro One$724,917Benefits $3,654Total $728,571
2012Executive Vice President, StrategyHydro One$493,655Benefits $2,088Total $495,743
2011Executive Vice President, StrategyHydro One$477,219Benefits $2,088Total $479,307
2010Executive Vice President, StrategyHydro One$459,620Benefits $2,016Total $461,636
2009Senior Vice President - Asset ManagementHydro One$395,440Benefits $1,925Total $397,365
2008Vice President, Corporate ProjectsHydro One$333,082Benefits $1,603Total $334,685
2007Vice President, Corporate ProjectsHydro One$269,693Benefits $1,171Total $270,865
2006Director, System DevelopmentHydro One$199,819Benefits $898Total $200,717
2005Director, System DevelopmentHydro One$204,674Benefits $792Total $205,466
2004Director, System DevelopmentHydro One$200,858Benefits $757Total $201,614
2003Director, System DevelopmentHydro One$172,158Benefits $646Total $172,804
2002Manager, System Plans/ N & EHydro One$144,610Benefits $565Total $145,175
2001Manager, System Plans/ N & EHydro One$138,173Benefits $563Total $138,736
2000Manager, System Plans/ N & EHydro One$129,660Benefits $799Total $130,459
1999Manager, System Plans/ N&EHydro One$102,491Benefits $716Total $103,207

On the List
2014

Across Ontario, the 2014 median for President and Chief Executive Officer was $270,000; Carmine Marcello's $741,554 salary sat about 175% above it. In 2014, Carmine Marcello's total compensation of $745,208 at Hydro One ranked #1 of 4,279 disclosed that year. The 2014 Sunshine List recorded 111,655 disclosures of $100,000 or more. Carmine Marcello has appeared on the Sunshine List at Hydro One 16 times, 1999–2014.

Also at Hydro One
2014

View all 4,279 employees at Hydro One (2014) →