Steven Cavanagh

Independent Electricity System Operator/Senior System Operator / Opérateur principal du réseau

2025 Salary

$212,721

Total compensation $212,721, including $0 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

#83

Independent Electricity System Operator

Years on List

23

2003–2025

Peak Salary

$218,843

2021

Full 2025 roster at Independent Electricity System Operator →·See where $212,721 ranks →

Total Compensation History

Total compensation by yearLine chart of 23 yearly values of total compensation, from $113,954 in 2003 to $212,721 in 2025.$100K$125K$150K$175K$200K$225K200320082012201620202025
Total compensation, 2003–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2003–2025

$113,539 in 2003 is worth about $181,353 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025Senior System Operator / Opérateur principal du réseauIndependent Electricity System Operator$212,721Benefits $0Total $212,721
2024Senior System Operator / Opérateur principal du réseauIndependent Electricity System Operator$203,270Benefits $0Total $203,270
2023Senior System Operator / Opérateur principal du réseauIndependent Electricity System Operator / Opérateur indépendant de réseau d'électricité$164,910Benefits $0Total $164,910
2022Senior System Operator / Opérateur principal du réseauIndependent Electricity System Operator$156,254Benefits $0Total $156,254
2021Manager, Operations / Gestionnaire - OpérationsIndependent Electricity System Operator$218,843Benefits $791Total $219,634
2020Manager, Operations / Gestionnaire – OpérationsIndependent Electricity System Operator$212,333Benefits $773Total $213,106
2019Manager, Operations / Gestionnaire – OpérationsIndependent Electricity System Operator$202,915Benefits $852Total $203,768
2018Manager, Operations / Gestionnaire – OpérationsIndependent Electricity System Operator$205,168Benefits $905Total $206,073
2017Senior System Operator / Opérateur principal du réseauIndependent Electricity System Operator / Opérateur Indépendant De Réseau D'Électricité$190,552Benefits $621Total $191,173
2016Senior Operations Officer / Agent principal – OpérationsIndependent Electricity System Operator$172,441Benefits $683Total $173,124
2015Senior Operations Officer / Agent principal – OpérationsIndependent Electricity System Operator$192,116Benefits $685Total $192,801
2014Senior Operations Officer / Agent principal - OpérationsIndependent Electricity System Operator$177,572Benefits $909Total $178,481
2013Senior Operations OfficerIndependent Electricity System Operator$162,696Benefits $929Total $163,625
2012Senior Operations OfficerIndependent Electricity System Operator$170,786Benefits $839Total $171,625
2011Senior Operations OfficerIndependent Electricity System Operator$164,447Benefits $705Total $165,152
2010Senior Operations OfficerIndependent Electricity System Operator$167,780Benefits $688Total $168,467
2009Senior Operations OfficerIndependent Electricity System Operator$154,008Benefits $671Total $154,679
2008Senior Operations OfficerIndependent Electricity System Operator$131,605Benefits $805Total $132,410
2007Senior Operations OfficerIndependent Electricity System Operator$121,329Benefits $761Total $122,090
2006Senior Operations OfficerIndependent Electricity System Operator$132,608Benefits $674Total $133,282
2005Operations OfficerIndependent Electricity System Operator$127,939Benefits $604Total $128,544
2004Operations OfficerIndependent Electricity System Op.$118,032Benefits $466Total $118,499
2003Operations OfficerIndependent Electricity Market Operator$113,539Benefits $415Total $113,954

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Steven Cavanagh's $212,721 salary works out to roughly $137,135 after income tax, CPP and EI — an all-in deduction rate of about 35.5%. Among those listed as Senior System Operator in 2025, the median was $220,526; this salary sits about 4% below it. That is about 5% more than the $203,270 paid in 2024. After pension contributions (probably PSPP or OPTrust in this sector), take-home is usually a further 7–10% lower.

Estimated net pay
~$137,135
Effective income-tax rate (excl. CPP/EI)
~32.9%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~35.5%
vs. 2025 Senior System Operator median
−4%

Where does $212,721 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) →