Here's how much BC's highest-paid executives earned last year

Aug 31 2020, 1:46 pm

The Ministry of Finance has released the financial earnings of the top executives in the public sector.

In British Columbia, businesses and organizations within the public sector are required to disclose all compensation that is paid to the CEO and the next four highest-paid executives that earn more than $125,000 annually.

Executive compensation is then shared with the public as a means of practicing transparency as well as accountability.

This includes Crown corporations and agencies, post-secondary institutions and research universities, health authorities, government employees, and K-12 school districts.

The BC Investment Management Corporation, BC Pension Corporation, TransLink, and the BC Ferry Corporation are not included in this report, because they don’t qualify as a public organization under BC’s Public Sector Employers Act.

This year, five university executives were included in the top 10.

The top 10 highest-paid executives in BC’s public sector in 2019-20 is as follows:

10. David Wong, Executive Vice-president and CFO, finance, tech, supply chain, BC Hydro

Salary: $291,544
Holdback/bonus: 
$48,529
Benefits:
$20,521
Pension:
$73,761
All other compensation:
$3,400
Total compensation 2019-2020:
$437,755
Total compensation 2018-2019:
$268,054

9. James Cassels, President and Vice Chancellor, University of Victoria

Salary: $387,848
Holdback/bonus: 
$0
Benefits: 
$7,580
Pension: 
$47,633
All other compensation:
 $146
Total compensation 2019-2020: 
$443,207
Total compensation 2018-2019: 
$432,979

8. Andrew Petter, President, Simon Fraser University

Salary: $332,665
Holdback/bonus: 
$33,000
Benefits: 
$8,807
Pension:
 $32,847
All other compensation: 
$36,531
Total compensation 2019-2020: 
$443,850
Total compensation 2018-2019: 
$439,910

7. Andrew Sveri, Vice President Academic and Provost, University of British Columbia

Salary: $402,441
Holdback/bonus: 
$0
Benefits:
 $8,715
Pension: 
$39,268
All other compensation: 
$1,950
Total compensation 2019-2020: 
$452,374
Total compensation 2018-2019:
 $444,415

6. Nicolas Jimenez, President and CEO, ICBC

Salary: $390,606
Holdback/bonus:
$0
Benefits: 
$16, 302
Pension: 
$49,607
All other compensation: 
$18,165
Total compensation 2019-2020: 
$474,680
Total compensation 2018-2019: 
$468,783

5. Brenda Leong, Chair, BC Securities Commission

Salary: $452,039
Holdback/bonus: 
$0
Benefits: 
$10,980
Pension: 
$44,526
All other compensation: $7,658
Total compensation 2019-2020:
 $515,203
Total compensation 2018-2019: 
$505,848

4. Shelley Legin, CFO and Vice-President Administration, Vancouver Island University

Salary: $162,574
Holdback/bonus:
 $0
Benefits: 
$8,801
Pension: 
$16,810
All other compensation: 
$333,371
Total compensation 2019-2020: 
$521,556
Total compensation 2018-2019: 
$231,995

3. Chris O’Riley, President and CEO, BC Hydro

Salary: $370,190
Holdback/bonus: 
$30,871
Benefits:
 $22,330
Pension:
 $93,658
All other compensation: 
$49,035
Total compensation 2019-2020: 
$566,084
Total compensation 2018-2019: 
$554,900

2. Santa J. Ono, President and Vice-Chancellor, University of British Columbia

Salary: $475,483
Holdback/bonus:
 $0
Benefits:
 $12,372
Pension: 
$46,572
All other compensation: 
$70,798
Total compensation 2019-2020: 
$605,225
Total compensation 2018-2019: 
$601,772

1. Thomas Bechard, President and CEO, Powerex

Salary: $358,800
Holdback/bonus:
$540,000
Benefits:
$19,249
Pension: 
$17,474
All other compensation:
$2,322
Total compensation 2019-2020:
 $937,845
Total compensation 2018-2019:
$938,499

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