Head of Ontario Power Generation tops province’s annual Sunshine List

TORONTO – The CEO of Ontario Power Generation was the highest paid public sector employee in the province last year, topping a growing list of those earning $100,000 or more.

The so-called “Sunshine List” released today shows that Jeff Lyash made more than $1.7 million in 2018.

Lyash – who is leaving his job at OPG later this week – saw his salary jump by nearly $200,000 from 2017, when he also topped the list with earnings of more than $1.5 million.

The top ten spots on the list were rounded out by three other Ontario Power Generation executives, a pair of Crown agency heads, three hospital CEOs, and the president of a corporation that manages investments for a university.

The list grew by over 19,000 employees in 2018, with the government attributing most of that increase to more employees from broader public sector agencies landing on the list.

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Over 151,000 people are on the latest list, up from over 131,000 workers on the list the previous year.

Here are the 10 highest earners from 2018:

1. Jeffrey Lyash, president and CEO of Ontario Power Generation, made $1,746,824.

2. Daren Smith, president and chief investment officer of the University of Toronto Asset Management Corporation, made $989,308.

3. Glenn Jager, nuclear president and chief nuclear officer of OPG, made $962,749.

4. Mark Fuller, president and CEO of the Ontario Public Service Pension Board, made $803,552.

5. Michael Apkon, who left the Hospital for Sick Children in the fall as president and CEO, made $792,571.

6. Sean Granville, chief nuclear officer at OPG, made $774,054.

7. Dietmar E. Reiner, senior vice president of nuclear projects at OPG, made $766,192.

8. Stephen Rigby, president and CEO of the Ontario Lottery and Gaming Corp., made $765,406.

9. William Reichman, president and CEO of Baycrest Centre for Geriatric Care, made $722,875.

10. Andy Smith, president and CEO of Sunnybrook Health Sciences Centre, made $714,999.