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Laura Formusa

Hydro One/President & Chief Executive Officer

2013 Salary — last year on the list

$159,500

Total compensation $159,500, including $0 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
2013

Employer Rank

#302

Hydro One

Years on List

15

1999–2013

Peak Salary

$1,036,740

2012

Full 2013 roster at Hydro One →·See where $159,500 ranks →

Total Compensation History

Total compensation by yearLine chart of 15 yearly values of total compensation, from $164,355 in 1999 to $159,500 in 2013.$250K$500K$750K$1.00M$1.25M199920022005200720102013
Total compensation, 1999–2013. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
1999–2013

$162,336 in 1999 is worth about $286,927 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2013President & Chief Executive OfficerHydro One$159,500Benefits $0Total $159,500
2012President & Chief Executive OfficerHydro One$1,036,740Benefits $2,561Total $1,039,302
2011President & Chief Executive OfficerHydro One$961,963Benefits $2,561Total $964,524
2010President & Chief Executive OfficerHydro One$953,844Benefits $2,473Total $956,317
2009President & Chief Executive OfficerHydro One$975,176Benefits $2,470Total $977,646
2008President/Chief Executive OfficerHydro One$924,437Benefits $2,436Total $926,873
2007President/Chief Executive OfficerHydro One$794,299Benefits $966Total $795,265
2006General Counsel And SecretaryHydro One$462,273Benefits $835Total $463,108
2005General Counsel/SecretaryHydro One$467,569Benefits $739Total $468,308
2004VP, General CounselHydro One$440,597Benefits $704Total $441,301
2003VP, General CounselHydro One$345,655Benefits $650Total $346,305
2002VP, General CounselHydro One$303,221Benefits $541Total $303,763
2001General Counsel & SecretaryHydro One$290,528Benefits $539Total $291,067
2000General Counsel & SecretaryHydro One$265,336Benefits $515Total $265,851
1999Assistant General CounselHydro One$162,336Benefits $2,019Total $164,355

On the List
2013

Across Ontario, the 2013 median for President and Chief Executive Officer was $280,250; Laura Formusa's $159,500 salary sat about 43% below it. In 2013, Laura Formusa's total compensation of $159,500 at Hydro One ranked #302 of 3,773 disclosed that year. Hydro One's 2013 median disclosed salary was $121,448; Laura Formusa's $159,500 sat about 31% above it. Across 15 years at Hydro One (1999–2013), Laura Formusa's highest disclosed salary was $1,036,740, in 2012.

Also at Hydro One
2013

View all 3,773 employees at Hydro One (2013) →