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Marko Cirovic

Independent Electricity System Operator/Director Sector Engagement / Directeur(rice) – Engagement sectoriel

2025 Salary

$206,771

Total compensation $207,315, including $544 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

#95

Independent Electricity System Operator

Years on List

10

2016–2025

Peak Salary

$206,771

2025

Full 2025 roster at Independent Electricity System Operator →·See where $206,771 ranks →

Total Compensation History

Total compensation by yearLine chart of 10 yearly values of total compensation, from $116,197 in 2016 to $207,315 in 2025.$100K$125K$150K$175K$200K$225K201620182020202120232025
Total compensation, 2016–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2016–2025

$115,841 in 2016 is worth about $148,140 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Director Sector Engagement / Directeur(rice) – Engagement sectorielIndependent Electricity System Operator$206,771Benefits $544Total $207,315
2024Senior Manager Resource Development and Procurement / Gestionnaire principal du développement des ressources et de l’approvisionnementIndependent Electricity System Operator$176,815Benefits $526Total $177,341
2023Senior Manager Resource Development and Procurement / Gestionnaire principal du développement des ressources et de l’approvisionnementIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité$177,709Benefits $385Total $178,094
2022Supervisor Resource Acquisition / Superviseur, acquisition de ressourcesIndependent Electricity System Operator$155,908Benefits $395Total $156,304
2021Supervisor Resource Acquisition / Superviseur, acquisition de ressourcesIndependent Electricity System Operator$131,148Benefits $378Total $131,526
2020Advisor Government Affairs / Conseiller – Affairres gouvernementalesIndependent Electricity System Operator$120,516Benefits $344Total $120,860
2019Advisor Government Affairs / Conseiller – Affairres gouvernementalesIndependent Electricity System Operator$111,903Benefits $344Total $112,247
2018Senior Analyst Renewable Generation Procurement / Analyste principal – Approvisionnement en installations de production d’énergie renouvelableIndependent Electricity System Operator$108,982Benefits $397Total $109,378
2017Business Analyst, Renewable Generation Procurement / Analyste des activités , Approvisionnement en installations de production d’énergie renouvelableIndependent Electricity System Operator / Opérateur Indépendant De Réseau D'Électricité$101,626Benefits $371Total $101,997
2016Business Analyst, Renewable Generation Procurement / Analyste des activités – Approvisionnement en installations de production d’énergie renouvelableIndependent Electricity System Operator$115,841Benefits $356Total $116,197

Take-Home Pay
(After Tax) · 2025 estimate

Marko Cirovic was paid $206,771 in 2025; after income tax, CPP and EI that is roughly $134,057, an effective income-tax rate of about 32.5%. On total compensation of $207,315, Marko Cirovic ranked #95 of 1,002 disclosed at Independent Electricity System Operator that year, where the median salary was $155,810. Pension contributions — likely PSPP or OPTrust in the Crown Agencies sector — would typically trim another 7–10% off that figure.

Estimated net pay
~$134,057
Effective income-tax rate (excl. CPP/EI)
~32.5%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~35.2%

Where does $206,771 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) →