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Steve Restivo

Independent Electricity System Operator/Manager, Operations / Gestionnaire – Opérations

2025 Salary

$271,428

Total compensation $272,100, including $672 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

#23

Independent Electricity System Operator

Years on List

20

2006–2025

Peak Salary

$271,428

2025

Full 2025 roster at Independent Electricity System Operator →·See where $271,428 ranks →

Total Compensation History

Total compensation by yearLine chart of 20 yearly values of total compensation, from $103,347 in 2006 to $272,100 in 2025.$100K$150K$200K$250K$300K200620102014201720212025
Total compensation, 2006–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2006–2025

$102,887 in 2006 is worth about $154,850 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Manager, Operations / Gestionnaire – OpérationsIndependent Electricity System Operator$271,428Benefits $672Total $272,100
2024Manager, Operations / Gestionnaire - OpérationsIndependent Electricity System Operator$256,759Benefits $433Total $257,192
2023Manager, Operations / Gestionnaire – OpérationsIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité$245,129Benefits $492Total $245,621
2022Manager, Operations / Gestionnaire – OpérationsIndependent Electricity System Operator$230,562Benefits $554Total $231,117
2021Manager, Operations / Gestionnaire - OpérationsIndependent Electricity System Operator$201,427Benefits $483Total $201,910
2020Manager, Operations / Gestionnaire – OpérationsIndependent Electricity System Operator$181,535Benefits $471Total $182,006
2019Senior System Operator / Opérateur principal du réseauIndependent Electricity System Operator$180,056Benefits $491Total $180,547
2018Senior System Operator / Opérateur principal du réseauIndependent Electricity System Operator$185,405Benefits $580Total $185,985
2017Senior System Operator / Opérateur principal du réseauIndependent Electricity System Operator / Opérateur Indépendant De Réseau D'Électricité$168,096Benefits $574Total $168,670
2016Senior Operations Officer / Agent principal – OpérationsIndependent Electricity System Operator$185,977Benefits $616Total $186,593
2015Senior Operations Officer / Agent principal – OpérationsIndependent Electricity System Operator$189,305Benefits $615Total $189,921
2014Senior Operations Officer / Agent principal - OpérationsIndependent Electricity System Operator$157,545Benefits $758Total $158,303
2013Senior Operations OfficerIndependent Electricity System Operator$167,240Benefits $747Total $167,987
2012Senior Operations OfficerIndependent Electricity System Operator$162,524Benefits $670Total $163,194
2011Operations OfficerIndependent Electricity System Operator$148,100Benefits $545Total $148,645
2010Operations OfficerIndependent Electricity System Operator$146,782Benefits $518Total $147,299
2009Operations OfficerIndependent Electricity System Operator$129,855Benefits $497Total $130,352
2008Operations OfficerIndependent Electricity System Operator$134,193Benefits $559Total $134,752
2007Operations OfficerIndependent Electricity System Operator$104,505Benefits $514Total $105,019
2006Operations OfficerIndependent Electricity System Operator$102,887Benefits $459Total $103,347

Take-Home Pay
(After Tax) · 2025 estimate

Of the $271,428 Steve Restivo earned in 2025, roughly $166,090 would remain after income tax, CPP and EI, an all-in deduction rate of about 38.8%. That is about 118% above the 2025 median of $124,374 for Operations Manager on the Sunshine List. Steve Restivo has appeared on the list 20 times since 2006. Most Crown Agencies employees belong to PSPP or OPTrust, so actual take-home is likely another 7–10% lower after pension contributions.

Estimated net pay
~$166,090
Effective income-tax rate (excl. CPP/EI)
~36.8%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~38.8%
vs. 2025 Operations Manager median
+118%

Where does $271,428 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) →