Hydro One Management
Management criteria checks 2/4
Hydro One's CEO is David Lebeter, appointed in Feb 2023, has a tenure of 1.33 years. total yearly compensation is CA$3.16M, comprised of 19% salary and 81% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth $111.74K. The average tenure of the management team and the board of directors is 0.4 years and 3.9 years respectively.
Key information
David Lebeter
Chief executive officer
CA$3.2m
Total compensation
| CEO salary percentage | 19.0% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.0006% |
| Management average tenure | less than a year |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | CA$1b |
| Dec 31 2023 | CA$3m | CA$600k | 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$2b |
Compensation vs Market: David's total compensation ($USD2.31M) is below average for companies of similar size in the US market ($USD13.52M).
Compensation vs Earnings: David's compensation has increased by more than 20% in the past year.
CEO
David Lebeter (64 yo)
1.3yrs
Tenure
CA$3,163,230
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 |
|---|---|---|---|---|
| President | 1.3yrs | CA$3.16m | 0.00064% CA$ 111.7k | |
| Executive Vice President of Strategy | 3.8yrs | CA$1.91m | 0.00047% CA$ 82.1k | |
| Senior Advisor | no data | CA$2.28m | 0.0056% CA$ 984.7k | |
| Executive Vice President of Capital Portfolio Delivery | 1.2yrs | CA$1.30m | 0.0027% CA$ 469.6k | |
| Executive VP | no data | no data | no data | |
| Executive VP of Safety | no data | no data | 0.00013% CA$ 22.7k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief Compliance Officer | 9.5yrs | CA$402.38k | no data | |
| General Counsel | less than a year | no data | no data | |
| Vice President of Marketing and Communications | no data | no data | no data | |
| Executive VP of Digital & Technology Solutions | less than a year | no data | no data | |
| Senior Vice President of Corporate Affairs | less than a year | no data | no data |
0.4yrs
Average Tenure
49yo
Average Age
Experienced Management: HRNN.F's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.3yrs | CA$3.16m | 0.00064% CA$ 111.7k | |
| Independent Director | less than a year | CA$77.71k | 0.0032% CA$ 553.4k | |
| Independent Director | 3.9yrs | CA$90.89k | no data | |
| Independent Director | 4.4yrs | CA$90.89k | 0.00027% CA$ 47.1k | |
| Independent Director | 5.8yrs | CA$90.89k | no data | |
| Independent Director | 5.8yrs | CA$90.89k | no data | |
| Independent Chairman of the Board | 5.8yrs | CA$128.31k | no data | |
| Independent Director | 5.8yrs | CA$85.54k | no data | |
| Independent Director | less than a year | CA$49.35k | no data | |
| Independent Director | 2yrs | CA$85.54k | 0% CA$ 0 | |
| Independent Director | less than a year | CA$49.35k | no data |
3.9yrs
Average Tenure
63yo
Average Age
Experienced Board: HRNN.F's board of directors are considered experienced (3.9 years average tenure).