“The Corporation achieved all of its 2010 performance objectives, except for the objective related to SAIFI.”“The LDC (Toronto Hydro) achieved all of its performance objectives except for the objective related to net income (in 2009).”
“Each of the Corporation (the holding company), LDC (the regulated utility) and TH Energy (unregulated subsidiary) exceeded their objectives for 2008.”
Here are the incentive pay amounts paid to Anthony Haines by the utility under the leadership of Clare Copeland:
The amounts noted here do not include salary payments and “Other compensation” amounts that cover costs for perks like luxury car leases.
Post Script: Here is an example of some of the news coverage arising from this post.