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David Forgione

Independent Electricity System Operator/Supervisor Market Insights / Superviseur(e) – Études de marché

2025 Salary

$173,691

Total compensation $174,037, including $346 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

#294

Independent Electricity System Operator

Years on List

9

2017–2025

Peak Salary

$173,691

2025

Full 2025 roster at Independent Electricity System Operator →·See where $173,691 ranks →

Total Compensation History

Total compensation by yearLine chart of 9 yearly values of total compensation, from $109,316 in 2017 to $174,037 in 2025.$100K$120K$140K$160K$180K201720192020202220232025
Total compensation, 2017–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2017–2025

$108,943 in 2017 is worth about $137,181 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Supervisor Market Insights / Superviseur(e) – Études de marchéIndependent Electricity System Operator$173,691Benefits $346Total $174,037
2024Senior Advisor Market Insights / Conseiller en chef - Études de marchéIndependent Electricity System Operator$160,284Benefits $328Total $160,611
2023Senior Advisor Market Insights / Conseiller en chef - Études de marchéIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité$146,739Benefits $340Total $147,080
2022Advisor Market Research / Conseiller en études de marchéIndependent Electricity System Operator$131,865Benefits $383Total $132,248
2021Advisor Market Research / Conseiller en études de marchéIndependent Electricity System Operator$127,679Benefits $374Total $128,053
2020Advisor Market Research / Conseiller en études de marchéIndependent Electricity System Operator$125,108Benefits $353Total $125,461
2019Senior Analyst Evaluation / Analyste principal – ÉvaluationIndependent Electricity System Operator$111,840Benefits $345Total $112,185
2018Senior Analyst Evaluation / Analyste principal – ÉvaluationIndependent Electricity System Operator$110,555Benefits $405Total $110,960
2017Program Advisor / Conseiller en programmesIndependent Electricity System Operator / Opérateur Indépendant De Réseau D'Électricité$108,943Benefits $373Total $109,316

Take-Home Pay
(After Tax) · 2025 estimate

Of the $173,691 David Forgione earned in 2025, roughly $116,922 would remain after income tax, CPP and EI, an all-in deduction rate of about 32.7%. Within Independent Electricity System Operator, David Forgione's total compensation of $174,037 was the #294 of 1,002, against a median salary of $155,810. It is up about 8% on the $160,284 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
~$116,922
Effective income-tax rate (excl. CPP/EI)
~29.5%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~32.7%

Where does $173,691 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.

Also at Independent Electricity System Operator
2025

#1Lesley Gallinger
$708,974
President and Chief Executive Officer / Président et chef de la direction
#2Charles Farmer
$428,403
Executive Vice President, Power System Development / Vice-président(e) directeur(rice) – Développement des systèmes électriques
#3Kamaljit Sohi
$426,753
Executive Vice President and Chief Operating Officer, Markets and Reliability / Chef(fe) de l’exploitation et Vice-président(e) directeur(rice) – Marchés et fiabilité
#4Carla Nell
$412,660
Executive Vice President, Corporate Relations, Engagement and Strategy / Vice-président(e) directeur(rice) – Relations de l’entreprise, engagement et stratégie
#5Alex Foord
$403,103
Executive Vice-President, Information and Technology Services and Chief Information Officer / Vice-président(e) directeur(rice) – Services d’information et de technologie et Dirigeant(e) principal(e) de l’information
#6Michael Lyle
$388,437
Executive Vice President, Legal Resources and Corporate Governance / Vice-président(e) directeur(rice) – Ressources juridiques et gouvernance d’entreprise
#7Ernest Chui
$326,815
Vice President and Chief Financial Officer, Corporate Services / Vice-président(e) et Directeur(rice) financier(ère) – Services d’entreprise
#8Michael Boll
$315,154
Senior Director, Legal Resources and Corporate Secretary / Directeur(rice) principal(e) – Ressources juridiques et Secrétaire général(e)
#9Glenn Mcdonald
$311,199
Vice President Market Assessment and Compliance / Vice-président – Évaluation des marchés et conformité
#10David Short
$304,430
Senior Director Enabling Resources Program Delivery / Directeur principal – Exécution des programmes de ressources d'habilitation
View all 1,002 employees at Independent Electricity System Operator (2025) →