At a Glance2014 Employer Rank
#936 Hydro One
Full 2014 roster at Hydro One → · See where $141,620 ranks →
Total Compensation History Total compensation by year Line chart of 11 yearly values of total compensation, from $105,806 in 2003 to $142,557 in 2014. No data for 2005. $100K $110K $120K $130K $140K $150K 2003 2004 2006 2007 2009 2010 2011 2012 2013 2014 2003: $105,806 2004: $104,067 2006: $111,627 2007: $120,255 2008: $121,490 2009: $123,324 2010: $127,483 2011: $130,860 2012: $134,121 2013: $136,991 2014: $142,557 Total compensation, 2003–2014. Axis starts at $100,000, the Sunshine List disclosure threshold. Full History2003–2014 $105,184 in 2003 is worth about $168,009 in 2025 dollars.
Full salary history, by year Year Employer Position Salary Benefits Total 2014 Hydro One Senior Material Management Engineer / Officer Hydro One $141,620 $937 $142,557 2013 Hydro One Senior Material Management Engineer/Officer Hydro One $136,074 $917 $136,991 2012 Hydro One Senior Material Management Engineer/Officer Hydro One $133,223 $898 $134,121 2011 Hydro One Senior Material Management Engineer Hydro One $129,986 $874 $130,860 2010 Hydro One Senior Material Management Engineer Hydro One $126,659 $824 $127,483 2009 Hydro One Senior Material Management Engineer Hydro One $122,524 $801 $123,324 2008 Hydro One Senior Material Management Engineer Hydro One $120,686 $804 $121,490 2007 Hydro One Senior Material Management Engineer Hydro One $119,501 $754 $120,255 2006 Hydro One Senior Material Management Engineer Hydro One $110,893 $733 $111,627 2004 Hydro One Sr. Materiel Management Engineer Hydro One $103,427 $640 $104,067 2003 Hydro One Senior Materiel Management Eng. Hydro One $105,184 $621 $105,806
On the List2014 Hydro One's 2014 median disclosed salary was $123,574; Michael Lat's $141,620 sat about 15% above it. Hydro One disclosed 4,279 salaries in 2014; Michael Lat's total compensation of $142,557 ranked #936 among them. The 2014 Sunshine List recorded 111,655 disclosures of $100,000 or more. Records under this name have appeared on the Sunshine List at Hydro One 11 years in all, 2003–2014.
Also at Hydro One2014 Also at Hydro One, 2014 # Name Position Salary Total Details 1 Carmine Marcello President and Chief Executive Officer $741,554 $745,208 2 Sandy Struthers Chief Operating Officer and Executive Vice President Strategic Planning $520,312 $521,635 3 Wayne Smith Senior Vice President, Operations $462,595 $466,008 4 Michael Winters Senior Vice President, Engineering and Construction $403,062 $405,933 5 Robert Cultraro Senior Vice President, Pensions $360,715 $363,325 6 Ali Suleman Vice President and Treasurer, Treasury and Risk $333,534 $336,088 7 Joseph Agostino Senior Vice President, General Counsel and Corporate Compliance Officer $319,226 $321,617 8 Peter Gregg Chief Operating Officer $308,635 $309,721 9 Mike Penstone Vice President Planning $300,042 $302,338 10 Colin Penny Senior Vice President, Technology and Chief Information Officer $291,269 $293,573
#1 Carmine Marcello
$745,208 President and Chief Executive Officer
#2 Sandy Struthers
$521,635 Chief Operating Officer and Executive Vice President Strategic Planning
Senior Vice President, Operations
#4 Michael Winters
$405,933 Senior Vice President, Engineering and Construction
#5 Robert Cultraro
$363,325 Senior Vice President, Pensions
Vice President and Treasurer, Treasury and Risk
#7 Joseph Agostino
$321,617 Senior Vice President, General Counsel and Corporate Compliance Officer
Chief Operating Officer
Vice President Planning
Senior Vice President, Technology and Chief Information Officer
View all 4,279 employees at Hydro One (2014) → Data sourced under the Ontario Public Sector Salary Disclosure Act.
Data: Ontario Public Sector Salary Disclosure, 1996–2025; last updated 2026-03-31.
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