nalcor ceo salary

Marshall remains head of the Nalcor until at least the end of the year. He left the corporation earlier this month. John MacIsaac, Nalcor's executive vice-president of power supply, was responsible for all transmission elements of the Muskrat Falls project. Nalcor Energy president and CEO Ed Martin's salary exceeded $565,000 in 2010, but the Crown corporation says that compares favourably to other energy firms. Stan Marshall, who has been CEO of the Crown corporation since April 2016, took home a base salary of $517,300, with benefits and bonuses bringing total compensation to $602,800 in 2018. One is a short-term incentive, based on 30 per cent of Marshall’s base salary as CEO of the Crown corporation. Compare that to the combined $312,600 paid in bonuses alone to five members of the Nalcor executive team last year (albeit $70,000 less than in 2017). Stan Marshall is Chief Executive Officer at Nalcor Energy Corp. See Stan Marshall's compensation, career history, education, & memberships. It’s called a salary. ... MacIsaac’s base salary … The severance payment is not as large as the one former Nalcor CEO Ed Martin received for leaving Nalcor in April 2016. Salary Retirement Allowance Other Compensation Total Compensation Abat, Jean F. Churchill Falls Helicopter Pilot $73,900 $14,600 $10,800 - - - $2,200 $101,500 Abbott, Susan Nalcor Energy Sr Financial Analyst $102,200 - $2,600 - - - - $104,800 Abbott, Terry Newfoundland & Labrador Hydro Engr, System Ops Lvl III $124,200 - $6,200 - - - - $130,400 Marshall’s base salary is $525,000, meaning the short-term incentive is worth $157,500. He received a $315,000 bonus on top of a $459,000 salary. In a statement, Nalcor said the other half of the $315,000 payment comes in lieu of a pension. Former Nalcor executive vice-president John MacIsaac will get a large severance payment after leaving the Crown corporation earlier this month. As those numbers are still being calculated by Nalcor, the full amount of additional benefits is unknown. Nalcor President and CEO Stan Marshall tops the list. An Ontario expert on salaries and perks for executives says the the $6.1-million dollar package of severance and other benefits given to departing Nalcor CEO Ed Martin is "in line with expectations." The so-called Sunshine List, a public listing of all government salaries over $100,000 was late coming out this year because of the pandemic. The estimated $550,000 figure for MacIsaac’s severance is therefore not final, and subject to Nalcor’s own calculations. The 2019 compensation disclosure from the provincial government revealed a total of $2.9 million in bonuses to Nalcor executives, including a $315,000 bonus for CEO Stan Marshall.

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