Leonard Kula
Independent Electricity System Operator/Vice President Markets and Reliability and Chief Operations Officer / Vice-président, marchés et fiabilité et chef de l’exploitation
2022 Salary — last year on the list
$307,938Total compensation $308,603, including $665 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
2022
Employer Rank
#7Independent Electricity System Operator
Years on List
212001–2022
Peak Salary
$441,2752021
Full 2022 roster at Independent Electricity System Operator →·See where $307,938 ranks →
Total Compensation History
Full History
2001–2022
$110,278 in 2001 is worth about $185,151 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2022 | Vice President Markets and Reliability and Chief Operations Officer / Vice-président, marchés et fiabilité et chef de l’exploitationIndependent Electricity System Operator | $307,938Benefits $665Total $308,603 |
| 2021 | Vice President Markets and Reliability and Chief Operating Officer / Vice-président, marchés et fiabilité et chef de l’exploitationIndependent Electricity System Operator | $441,275Benefits $1,140Total $442,415 |
| 2020 | Chief Operating Officer and Vice President Acquisition and Operations / Directeur de l’exploitation et vice-président – Planification, acquisitions et opérationsIndependent Electricity System Operator | $435,707Benefits $1,174Total $436,882 |
| 2019 | Chief Operating Officer and Vice President Acquisition and Operations / Directeur de l’exploitation et vice-président – Planification, acquisitions et opérationsIndependent Electricity System Operator | $427,779Benefits $1,491Total $429,270 |
| 2018 | Vice President Planning, Acquistion and Operations / Vice-président – Planification, acquisitions et opérationsIndependent Electricity System Operator | $427,657Benefits $2,206Total $429,863 |
| 2017 | Vice President, Market and System Operations and Chief Operating Officer / Vice,président , Opérations liées aux marchés et au réseau et directeur de l’exploitationIndependent Electricity System Operator / Opérateur Indépendant De Réseau D'Électricité | $352,307Benefits $1,782Total $354,090 |
| 2016 | Vice President, Market and System Operations and Chief Operating Officer / Vice-président – Opérations liées aux marchés et au réseau et directeur de l’exploitationIndependent Electricity System Operator | $242,543Benefits $1,361Total $243,904 |
| 2015 | Director, Market Operations / Directeur – Opérations sur le marchéIndependent Electricity System Operator | $233,257Benefits $1,159Total $234,416 |
| 2014 | Director, Operations / Directeur - ExploitationIndependent Electricity System Operator | $271,085Benefits $1,431Total $272,516 |
| 2013 | Director, OperationsIndependent Electricity System Operator | $221,412Benefits $1,421Total $222,833 |
| 2012 | Manager, System OperationsIndependent Electricity System Operator | $185,364Benefits $1,050Total $186,414 |
| 2011 | Manager, System OperationsIndependent Electricity System Operator | $182,242Benefits $921Total $183,163 |
| 2010 | Manager, Market Forecasts & IntegrationIndependent Electricity System Operator | $175,103Benefits $889Total $175,992 |
| 2009 | Manager, Market Forecasts & IntegrationIndependent Electricity System Operator | $178,908Benefits $889Total $179,797 |
| 2008 | Manager, Settlement SupportIndependent Electricity System Operator | $159,986Benefits $1,032Total $161,018 |
| 2007 | Manager, Settlement SupportIndependent Electricity System Operator | $149,939Benefits $992Total $150,931 |
| 2006 | Manager, Settlement SupportIndependent Electricity System Operator | $127,431Benefits $925Total $128,356 |
| 2005 | Design Authority SpecialistIndependent Electricity System Operator | $120,398Benefits $709Total $121,107 |
| 2004 | Design Authority SpecialistIndependent Electricity System Op. | $127,399Benefits $668Total $128,067 |
| 2003 | Design Authority SpecialistIndependent Electricity Market Operator | $123,403Benefits $454Total $123,857 |
| 2001 | Exchange Engineer / OfficerIndependent Electricity Market Op. | $110,278Benefits $350Total $110,628 |
Take-Home Pay
(After Tax) · 2022 estimate
Of the $307,938 Leonard Kula earned in 2022, roughly $178,630 would remain after income tax, CPP and EI, an all-in deduction rate of about 42.0%. Compared with 2021, when the figure was $441,275, that is a drop of about 30%. Leonard Kula has appeared on the list 21 times since 2001. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.
- Estimated net pay
- ~$178,630
- Effective income-tax rate (excl. CPP/EI)
- ~40.5%
- CPP + EI contributions
- ~$4,453
- All-in deduction rate (incl. CPP/EI)
- ~42.0%
Where does $307,938 rank on the Sunshine List? →
Estimate only: 2022 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.