NFPA 70b Training - Electrical Maintenance
Our customized live online or in‑person group training can be delivered to your staff at your location.
- Live Online
- 12 hours Instructor-led
- Group Training Available
According to figures disclosed to the System for Electronic Document Analysis and Retrieval, a financial information database used by publicly traded companies, Parkinson was to receive a salary of $761,786, a $648,000 bonus and other payments of more than $139,113.
That's in addition to the $3.32 million he received in severance when he resigned in December, amid controversy he improperly billed personal expenses to his secretary's corporate credit card.
The terms of Parkinson's severance also include relocation costs if he decides to return to his native Australia, full benefits for two years, a mortgage interest subsidy of up to $125,000 on his mansion, and pension payments upon retirement, CTV News reported.
In the end, Parkinson will get $4,868,899.
The CEO left his job after the province's auditor general issued a scathing report about his billing practices.
Former Hydro One CEO Eleanor Clitheroe's $30 million wrongful dismissal lawsuit is still before the courts and the government has said Parkinson could have launched similar legal action had he been fired.
Related News
Ukraine fights to keep the lights on as Russia hammers power plants
British Columbia Halts Further Expansion of Self-Driving Vehicles
The Evolution of Electric Vehicle Charging Infrastructure in the US
Uzbekistan Looks To Export Electricity To Afghanistan
Westinghouse AP1000 Nuclear Plant Breaks A First Refueling Outage Record
Kyiv warns of 'difficult' winter after deadly strikes
Sign Up for Electricity Forum’s Newsletter
Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.
Electricity Today T&D Magazine Subscribe for FREE
- Timely insights from industry experts
- Practical solutions T&D engineers
- Free access to every issue