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Gary Magsano

Independent Electricity System Operator/Senior Specialist Solutions / Spécialiste principal – Solutions

2025 Salary

$202,945

Total compensation $203,300, including $356 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

#107

Independent Electricity System Operator

Years on List

19

2007–2025

Peak Salary

$219,174

2023

Full 2025 roster at Independent Electricity System Operator →·See where $202,945 ranks →

Total Compensation History

Total compensation by yearLine chart of 19 yearly values of total compensation, from $101,392 in 2007 to $203,300 in 2025.$100K$125K$150K$175K$200K$225K200720112015201720212025
Total compensation, 2007–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2007–2025

$100,768 in 2007 is worth about $148,395 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Senior Specialist Solutions / Spécialiste principal – SolutionsIndependent Electricity System Operator$202,945Benefits $356Total $203,300
2024Senior Specialist Solutions / Spécialiste principal - SolutionsIndependent Electricity System Operator$205,073Benefits $347Total $205,420
2023Senior Specialist Solutions / Spécialiste principal – SolutionsIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité$219,174Benefits $408Total $219,583
2022Senior Specialist Solutions / Spécialiste principal – SolutionsIndependent Electricity System Operator$195,375Benefits $483Total $195,858
2021Senior Specialist Solutions / Spécialiste principal - SolutionsIndependent Electricity System Operator$170,503Benefits $473Total $170,977
2020Senior Specialist Solutions / Spécialiste principal – SolutionsIndependent Electricity System Operator$155,626Benefits $457Total $156,084
2019Senior Specialist Solutions / Spécialiste principal – SolutionsIndependent Electricity System Operator$149,422Benefits $475Total $149,897
2018Senior Specialist Solutions / Spécialiste principal – SolutionsIndependent Electricity System Operator$143,379Benefits $560Total $143,939
2017Senior Specialist Solutions / Spécialiste principal, SolutionsIndependent Electricity System Operator / Opérateur Indépendant De Réseau D'Électricité$139,443Benefits $550Total $139,993
2016Engineer/Officer-Solutions / Spécialiste technique – SolutionsIndependent Electricity System Operator$151,570Benefits $601Total $152,172
2015Engineer/Officer-Solutions / Spécialiste technique – SolutionsIndependent Electricity System Operator$156,120Benefits $606Total $156,726
2014Engineer / Officer-Solutions / Spécialiste technique - SolutionsIndependent Electricity System Operator$136,238Benefits $803Total $137,040
2013Engineer/Officer, SolutionsIndependent Electricity System Operator$135,928Benefits $806Total $136,734
2012Engineer/Officer, SolutionsIndependent Electricity System Operator$122,329Benefits $716Total $123,045
2011Engineer/Officer, SystemsIndependent Electricity System Operator$120,542Benefits $591Total $121,133
2010Engineer/Officer, SystemsIndependent Electricity System Operator$121,989Benefits $564Total $122,553
2009Engineer/Officer, SystemsIndependent Electricity System Operator$109,244Benefits $552Total $109,796
2008Engineer/Officer, SystemsIndependent Electricity System Operator$111,007Benefits $667Total $111,674
2007Engineer/Officer, SystemsIndependent Electricity System Operator$100,768Benefits $624Total $101,392

Take-Home Pay
(After Tax) · 2025 estimate

Of the $202,945 Gary Magsano earned in 2025, roughly $132,078 would remain after income tax, CPP and EI, an all-in deduction rate of about 34.9%. It is down about 1% from the $205,073 paid in 2024. Records under this name have appeared on the Sunshine List 19 years in all, first in 2007. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.

Estimated net pay
~$132,078
Effective income-tax rate (excl. CPP/EI)
~32.2%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~34.9%

Where does $202,945 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) →