Darren Matsugu
Independent Electricity System Operator/Director, Markets / Directeur – Marchés
2025 Salary
$228,159Total compensation $228,384, including $225 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
2025
Employer Rank
#45Independent Electricity System Operator
Years on List
172009–2025
Peak Salary
$228,1592025
Full 2025 roster at Independent Electricity System Operator →·See where $228,159 ranks →
Total Compensation History
Full History
2009–2025
$103,981 in 2009 is worth about $149,246 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Director, Markets / Directeur – MarchésIndependent Electricity System Operator | $228,159Benefits $225Total $228,384 |
| 2024 | Director, Markets / Directeur - MarchésIndependent Electricity System Operator | $216,577Benefits $218Total $216,794 |
| 2023 | Director, Markets / Directeur – MarchésIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité | $193,919Benefits $234Total $194,153 |
| 2022 | Senior Manager Operational Effectiveness / Gestionnaire principal – Efficacité opérationnelleIndependent Electricity System Operator | $181,015Benefits $266Total $181,281 |
| 2021 | Senior Manager Operational Effectiveness / Gestionnaire principal - Efficacité opérationnelleIndependent Electricity System Operator | $177,690Benefits $258Total $177,948 |
| 2020 | Senior Manager Market Design and Integration / Gestionnaire principal – Conception et intégration des marchésIndependent Electricity System Operator | $173,828Benefits $253Total $174,082 |
| 2019 | Senior Manager Market Design and Integration / Gestionnaire principal – Conception et intégration des marchésIndependent Electricity System Operator | $170,689Benefits $267Total $170,956 |
| 2018 | Senior Manager Market Design and Integration / Gestionnaire principal – Conception et intégration des marchésIndependent Electricity System Operator | $164,568Benefits $313Total $164,881 |
| 2017 | Senior Manager Market Design and Integration / Gestionnaire principal , Conception et intégration des marchésIndependent Electricity System Operator / Opérateur Indépendant De Réseau D'Électricité | $174,135Benefits $594Total $174,728 |
| 2016 | Supervisor, Government Relations and Policy Analysis / Superviseur – Relations avec le gouvernement et analyse des politiquesIndependent Electricity System Operator | $146,297Benefits $599Total $146,896 |
| 2015 | Supervisor, Government Relations & Policy Analysis / Superviseur – Relations avec le gouvernement et analyse des politiquesIndependent Electricity System Operator | $146,428Benefits $585Total $147,013 |
| 2014 | Supervisor, Economic and Policy Analysis / Superviseur - Analyse économique et stratégiqueIndependent Electricity System Operator | $134,745Benefits $722Total $135,468 |
| 2013 | Supervisor, Government Relations & Policy AnalysisIndependent Electricity System Operator | $132,106Benefits $733Total $132,839 |
| 2012 | Supervisor, Government Relations & Policy AnalysisIndependent Electricity System Operator | $129,355Benefits $674Total $130,029 |
| 2011 | Supervisor, Government Relations & Policy AnalysisIndependent Electricity System Operator | $119,274Benefits $544Total $119,819 |
| 2010 | Senior Analyst, Market DevelopmentIndependent Electricity System Operator | $112,829Benefits $509Total $113,338 |
| 2009 | AnalystIndependent Electricity System Operator | $103,981Benefits $195Total $104,176 |
Take-Home Pay
(After Tax) · 2025 estimate
Take-home on Darren Matsugu's 2025 salary of $228,159 comes to roughly $145,010 once federal and Ontario income tax (about 34.0% effective) is deducted. Within Independent Electricity System Operator, Darren Matsugu's total compensation of $228,384 was the #45 of 1,002, against a median salary of $155,810. That is about 5% more than the $216,577 paid in 2024. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$145,010
- Effective income-tax rate (excl. CPP/EI)
- ~34.0%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~36.4%
Where does $228,159 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.