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Compensation Agreements
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Components of the Compensation Program

 

 COMPENSATION TYPE

 EXPLANATION  CEO EXECUTVE VICE PRESIDENTS VICE PRESIDENTS GENERAL COUNSEL
Current Base Salary

Compensation is determined through performance metrics and external compensation benchmarking review. The Executive Committee of the Board of Directors approves CEO compensation.
Rob MacIsaac: $542,000

David McCaig:
$330,000

Dr. Richard McLean:
$366,188

Dr. Wesley Stephen:  $378,000

Michele Beals: $225,000

Kelly Campbell: $222,420

Mark Farrow:
$222,420

Dr. Peter Fitzgerald:      $319,949

Mark Haley: $200,000

Kirsten Krull:
$230,000  

Aaron Levo:
$185,000

Dr. Ralph M. Meyer: $360,000

Sharon Pierson: $270,000

Rebecca Repa: $301,000

Dr. Ted Scott: $215,000

Teresa Smith: $279,957

Anna Ventresca: $225,000

 

Compensation at Risk

Each year 15% to 20% of the executive's compensation is considered to be at risk and is held and measured against achievement of goals and objectives

 20%  15%  15% * 15% *
Standard Benefits Package

Executive benefit package covering health, dental, Life insurance, pension, Health Spending Account, etc.

Yes Yes Yes  Yes 
Auto Allowance

A monthly allowance is provided to support full vehicle acquisition and operating costs for business related travel.

not applicable  $960 $960  $960 
Severance Terms Terms agreed to for Termination

 12 months plus 1 month for each year of service to a maximum not less than ESA (Ontario) entitlement applicable in the period prior to Feb 1st, 2017. Includes average incentive for this period

Minimum of one year's salary plus 4 (four) weeks of salary for each complete year worked to a combined maximum of 104 (one hundred and four) weeks with benefits for Employment Standards Act notice period (max 8 wks)
Minimum of one year's salary plus 4 (four) weeks of salary for each complete year worked to a combined maximum of 104 (one hundred and four) weeks with benefits for Employment Standards Act notice period (max 8 wks) 
OR
Ranges between an average of 12 months minimum to maximum of 18 or 24 months with benefits for Employment Standards Act notice period (max 8 weeks)
Minimum of one year's salary plus 4 (four) weeks of salary for each complete year worked to a combined maximum of 104 (one hundred and four) weeks with benefits for Employment Standards Act notice period (max 8 wks)
Additional Terms

 Additional payment for transfer to HOOPP

 One time payment to enable transfer of existing pension into Healthcare Of Ontario Pension Plan (HOOPP)

 None  None  None

* Additional Notes: M. Beals, T. Scott and A. Ventresca are not eligible for Compensation at Risk payment 

 

Compensation Agreements

NAME TITLE MORE INFORMATION
MacIsaac, Rob President & Chief Executive Officer

Bio 
Contract

McCaig, David Executive Vice President, Corporate Affairs and Chief Financial Officer

Bio
Contract

McLean, Dr. Richard Executive Vice President and Chief Medical Executive

Bio
Contract

Stephen, Dr Wesley Executive Vice President, Clinical Operations and Chief Operating Officer Bio
Contract
Beals, Michele Vice President, Finance

Bio
Contract

Campbell, Kelly

 Vice President, Corporate Services and Capital Development

Bio
Contract

Farrow, Mark Vice President, Health Information Technology Services & Chief Information Officer Bio
Contract
Fitzgerald, Dr. Peter Vice President, Women's & Children's Health 

Bio
Contract

Haley, Mark Interim Vice President, Human Resources

Bio
Contract

Krull, Kirsten

Vice President, Quality & Performance and Chief Nursing Executive 

Bio 
Contract

Levo, Aaron Vice President, Communications & Public Affairs

Bio
Contract

Meyer, Dr. Ralph Vice President, Oncology & Palliative Care

Bio
Contract 

Pierson, Sharon Vice President, Community Medicine & Population Health

Bio 
  Contract 

Repa, Rebecca Vice President, Clinical Support Services & Community Surgery

Bio
Contract

Scott, Dr. Ted Interim Vice President, Research & Chief Innovation Officer Bio
Contract
Smith, Teresa  Vice President, Adult Regional Care Bio
Contract
Ventresca, Anna  Vice President, Legal Services and General Counsel Bio
Contract

Schedule A EVP and VP Incentive Compensation Policy

Schedule B Executive Benefit Plan 

CEO Incentive Compensation Policy 

Hamilton Health Sciences • Hamilton, Ontario • 905.521.2100

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