Nicolle Butcher
Ontario Power Generation/President and Chief Executive Officer
2025 Salary
$1,596,218Total compensation $1,598,309, including $2,091 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
#2Ontario Power Generation
Years on List
222000–2025
Peak Salary
$1,596,2182025
Full 2025 roster at Ontario Power Generation →·See where $1,596,218 ranks →
Total Compensation History
Full History
2000–2025
$108,827 in 2000 is worth about $187,311 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | President and Chief Executive OfficerOntario Power Generation | $1,596,218Benefits $2,091Total $1,598,309 |
| 2024 | Chief Operations OfficerOntario Power Generation | $978,380Benefits $1,359Total $979,739 |
| 2023 | Chief Operations OfficerOntario Power Generation | $894,783Benefits $1,287Total $896,070 |
| 2022 | Chief Operations OfficerOntario Power Generation | $684,307Benefits $3,327Total $687,633 |
| 2021 | Senior Vice President Renewable Generation and Power MarketingOntario Power Generation | $544,913Benefits $850Total $545,762 |
| 2020 | President Renewable GenerationOntario Power Generation | $442,940Benefits $763Total $443,703 |
| 2019 | Senior Vice President Corporate Business Development and StrategyOntario Power Generation | $364,792Benefits $650Total $365,443 |
| 2018 | Vice President Strategy and AcquisitionsOntario Power Generation | $306,063Benefits $662Total $306,725 |
| 2017 | Vice President Strategy and AcquisitionsOntario Power Generation | $272,268Benefits $590Total $272,859 |
| 2016 | Vice President Corporate Strategy and PlanningOntario Power Generation | $269,487Benefits $562Total $270,048 |
| 2015 | Vice President Business & ServicesOntario Power Generation | $270,337Benefits $549Total $270,886 |
| 2014 | Vice President Corporate Strategy and PlanningOntario Power Generation | $259,992Benefits $510Total $260,502 |
| 2013 | Vice President Corporate Strategy & PlanningOntario Power Generation | $253,899Benefits $510Total $254,408 |
| 2012 | Vice President, Corporate Strategy and PlanningOntario Power Generation | $225,377Benefits $469Total $225,846 |
| 2011 | DirectorOntario Power Generation | $191,409Benefits $461Total $191,870 |
| 2010 | DirectorOntario Power Generation | $185,630Benefits $411Total $186,041 |
| 2009 | Director, Business DevelopmentOntario Power Generation | $186,929Benefits $392Total $187,321 |
| 2008 | Director, Business DevelopmentOntario Power Generation | $173,658Benefits $401Total $174,058 |
| 2007 | Director, Business DevelopmentOntario Power Generation | $157,034Benefits $324Total $157,358 |
| 2006 | Manager, Business DevelopmentOntario Power Generation | $143,726Benefits $329Total $144,055 |
| 2003 | Investment ManagerOntario Power Generation | $110,540Benefits $294Total $110,834 |
| 2000 | Investment ManagerOntario Power Generation | $108,827Benefits $264Total $109,091 |
Take-Home Pay
(After Tax) · 2025 estimate
Of the $1,596,218 Nicolle Butcher earned in 2025, roughly $781,725 would remain after income tax, CPP and EI, an all-in deduction rate of about 51.0%. It is up about 63% on the $978,380 paid in 2024. Among those listed as President and Chief Executive Officer in 2025, the median was $336,999; this salary sits about 374% above it. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.
- Estimated net pay
- ~$781,725
- Effective income-tax rate (excl. CPP/EI)
- ~50.7%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~51.0%
- vs. 2025 President and Chief Executive Officer median
- +374%
Where does $1,596,218 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.