At a Glance2014 Employer Rank
#75 Hydro One
Full 2014 roster at Hydro One → · See where $196,504 ranks →
Total Compensation History Total compensation by year Line chart of 3 yearly values of total compensation, from $167,526 in 2012 to $197,092 in 2014. $100K $125K $150K $175K $200K 2012 2013 2014 2012: $167,526 2013: $194,282 2014: $197,092 Total compensation, 2012–2014. Axis starts at $100,000, the Sunshine List disclosure threshold. Full History2012–2014 $166,987 in 2012 is worth about $225,302 in 2025 dollars.
Full salary history, by year Year Employer Position Salary Benefits Total 2014 Hydro One Director - Pension Fund Investments Hydro One $196,504Benefits $588 Total $197,092 $588 $197,092 2013 Hydro One Director - Pension Fund Investments Hydro One $193,724Benefits $558 Total $194,282 $558 $194,282 2012 Hydro One Director – Pension Fund Investments Hydro One $166,987Benefits $539 Total $167,526 $539 $167,526
On the List2014 Hydro One's 2014 median disclosed salary was $123,574; Thavanesan Naidoo's $196,504 sat about 59% above it. Among the 4,279 people Hydro One disclosed in 2014, Thavanesan Naidoo's total compensation of $197,092 placed #75. $100,000 is the list's disclosure floor; 111,655 salaries met it in 2014. Thavanesan Naidoo has appeared on the Sunshine List at Hydro One 3 times, 2012–2014.
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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