Hydro One Management

Management criteria checks 3/4

Hydro One's CEO is David Lebeter, appointed in Feb 2023, has a tenure of 1.17 years. total yearly compensation is CA$1.19M, comprised of 34.6% salary and 65.4% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth €100.20K. The average tenure of the management team and the board of directors is 2.4 years and 3.8 years respectively.

Key information

David Lebeter

Chief executive officer

CA$1.2m

Total compensation

CEO salary percentage	34.6%
CEO tenure	1.2yrs
CEO ownership	0.0006%
Management average tenure	2.4yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Lebeter's remuneration changed compared to Hydro One's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	CA$1b
Sep 30 2023	n/a	n/a	CA$1b
Jun 30 2023	n/a	n/a	CA$1b
Mar 31 2023	n/a	n/a	CA$1b
Dec 31 2022	CA$1m	CA$412k	CA$1b
Sep 30 2022	n/a	n/a	CA$1b
Jun 30 2022	n/a	n/a	CA$1b
Mar 31 2022	n/a	n/a	CA$1b
Dec 31 2021	CA$772k	CA$402k	CA$965m
Sep 30 2021	n/a	n/a	CA$967m
Jun 30 2021	n/a	n/a	CA$948m
Mar 31 2021	n/a	n/a	CA$2b
Dec 31 2020	CA$742k	CA$399k	CA$2b

Compensation vs Market: David's total compensation ($USD871.50K) is below average for companies of similar size in the German market ($USD5.66M).

Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.

CEO

David Lebeter (63 yo)

1.2yrs

Tenure

CA$1,191,084

Compensation

Mr. David Lebeter served as Chief Operating Officer of Hydro One Limited since January 2, 2020 until April 2023 and serves as its Chief Executive Officer, President and Director since February 01, 2023. Mr...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Lebeter	President	1.2yrs	CA$1.19m	0.00064% CA$ 100.2k
Christopher Lopez	Executive VP	5.6yrs	CA$1.21m	0.0056% CA$ 884.6k
Megan Telford	Executive Vice President of Strategy	3.6yrs	CA$1.04m	0.00047% CA$ 73.6k
Teri French	Executive VP of Safety	no data	no data	0.00013% CA$ 20.4k
Omar Javed	Vice President of Investor Relations	no data	no data	no data
Joseph Agostino	Chief Compliance Officer	9.3yrs	CA$402.38k	no data
Jay Armitage	Vice President of Marketing and Communications	no data	no data	no data
Andrew Spencer	Executive Vice President of Capital Portfolio Delivery	less than a year	no data	0.0027% CA$ 421.2k
Renee McKenzie	Executive VP of Digital & Technology Solutions	less than a year	no data	no data
Maureen Wareham	Corporate Secretary	no data	no data	no data

2.4yrs

Average Tenure

48yo

Average Age

Experienced Management: 8H1's management team is considered experienced (2.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Lebeter	President	1.2yrs	CA$1.19m	0.00064% CA$ 100.2k
Brian Vaasjo	Independent Director	less than a year	no data	0.0032% CA$ 496.3k
Stacey Mowbray	Independent Director	3.8yrs	CA$85.15k	no data
Susan Jenah	Independent Director	4.3yrs	CA$87.39k	0.00027% CA$ 42.3k
David Hay	Independent Director	5.7yrs	CA$87.39k	no data
Melissa Sonberg	Independent Director	5.7yrs	CA$87.39k	no data
Timothy Hodgson	Independent Chairman of the Board	5.7yrs	CA$123.38k	no data
Cherie Brant	Independent Director	5.7yrs	CA$82.25k	no data
Helga Reidel	Independent Director	less than a year	no data	no data
Mark Podlasly	Independent Director	1.8yrs	CA$46.32k	0.067% CA$ 10.5m
Mitch Panciuk	Independent Director	less than a year	no data	no data

3.8yrs

Average Tenure

62yo

Average Age

Experienced Board: 8H1's board of directors are considered experienced (3.8 years average tenure).

Hydro One Management

Management criteria checks 3/4

Key information

Recent management updates

High number of new directors

Hydro One Limited, Annual General Meeting, Jun 05, 2024

Hydro One Limited Announces Step Down of Chris Lopez as Chief Financial Officer, Effective as on June 30, 2024

High number of new directors

Hydro One Limited Announces Executive Changes

Hydro One Limited Announces CEO Changes

Recent updates

High number of new directors

Hydro One Limited to Report Q1, 2024 Results on May 14, 2024

Hydro One Limited, Annual General Meeting, Jun 05, 2024

Hydro One Limited Declares Quarterly Common Share Dividend, Payable on March 28, 2024

Hydro One Limited Crews Battle Through 48 Hours of High Winds to Restore Nearly 125,220 Customers Since Start of Winter Storm

Hydro One Limited to Report Q4, 2023 Results on Feb 13, 2024

Hydro One Limited Announces Step Down of Chris Lopez as Chief Financial Officer, Effective as on June 30, 2024

Upcoming dividend of CA$0.30 per share at 3.1% yield

Third quarter 2023 earnings released: EPS: CA$0.60 (vs CA$0.51 in 3Q 2022)

Hydro One Limited Declares Quarterly Cash Dividend, Payable on December 29, 2023

Hydro One Limited to Report Q3, 2023 Results on Nov 08, 2023

Upcoming dividend of CA$0.30 per share at 3.3% yield

Hydro One Limited Declares Quarterly Cash Dividend to Common Shareholders, Payable on September 29, 2023

Second quarter 2023 earnings released: EPS: CA$0.44 (vs CA$0.43 in 2Q 2022)

Hydro One Limited to Report Q2, 2023 Results on Aug 09, 2023

Hydro One Limited to Report Q2, 2023 Results on Aug 09, 2023

High number of new directors

Hydro One Limited Announces Executive Changes

Upcoming dividend of CA$0.30 per share at 3.1% yield

First quarter 2023 earnings released: EPS: CA$0.47 (vs CA$0.52 in 1Q 2022)

Hydro One Limited Declares Quarterly Cash Dividend, Payable on June 30, 2023

Upcoming dividend of CA$0.28 per share at 3.1% yield

Hydro One Limited Declares Quarterly Common Share Dividend, Payable on March 31, 2023

Full year 2022 earnings released: EPS: CA$1.75 (vs CA$1.61 in FY 2021)

Hydro One Limited to Report Q4, 2022 Results on Feb 14, 2023

Hydro One Limited Announces CEO Changes

Upcoming dividend of CA$0.28 per share

Third quarter 2022 earnings released: EPS: CA$0.51 (vs CA$0.50 in 3Q 2021)

Third quarter 2022 earnings released: EPS: CA$0.51 (vs CA$0.50 in 3Q 2021)

Hydro One Limited Declares Quarterly Common Share Dividend, Payable on December 30, 2022

Hydro One Limited to Report Q3, 2022 Results on Nov 11, 2022

Hydro One Limited Affirms Earnings Guidance for the Year 2022

Second quarter 2022 earnings released: EPS: CA$0.43 (vs CA$0.40 in 2Q 2021)

Hydro One Limited Declares Quarterly Common Share Dividend, Payable on September 29, 2022

Hydro One Limited to Report Q2, 2022 Results on Aug 09, 2022

Hydro One Limited Announces Executive Changes

Upcoming dividend of CA$0.28 per share

First quarter 2022 earnings released: EPS: CA$0.52 (vs CA$0.45 in 1Q 2021)

Hydro One Limited Declares Quarterly Common Share Dividend, Payable on June 30, 2022

Hydro One Limited to Report Q1, 2022 Results on May 05, 2022

Upcoming dividend of CA$0.27 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Hydro One Limited Declares Quarterly Common Share Dividend, Payable on March 31, 2022

Upcoming dividend of CA$0.27 per share

Third quarter 2021 earnings released: EPS CA$0.50 (vs CA$0.47 in 3Q 2020)

Upcoming dividend of CA$0.27 per share

Second quarter 2021 earnings released: EPS CA$0.40 (vs CA$1.85 in 2Q 2020)

Upcoming dividend of CA$0.27 per share

First quarter 2021 earnings released: EPS CA$0.45 (vs CA$0.38 in 1Q 2020)

Hydro One Limited Announces Earnings Guidance for 2022

Upcoming Dividend of CA$0.25 Per Share

Hydro One Limited, Annual General Meeting, May 26, 2021

Revenue beats expectations

Full year 2020 earnings released: EPS CA$2.96 (vs CA$1.30 in FY 2019)

New 90-day low: €18.00

Hydro One Limited to Report Q4, 2020 Results on Feb 24, 2021

New 90-day high: €19.50

Upcoming Dividend of CA$0.25 Per Share

Revenue beats expectations

Third quarter 2020 earnings released: EPS CA$0.47

New 90-day high: €19.40

Hydro One Limited Launches Online Portal to Make Easy for Customers Who Want to Make the Switch to Tiered Pricing

Hydro One Limited to Report Q3, 2020 Results on Nov 06, 2020

Hydro One Limited to Report Q1, 2020 Results on May 08, 2020

New 90-day high: €18.20

New 90-day high - €17.90

CEO Compensation Analysis

CEO

Tenure