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Three high-paid executives at Ontario Power Generation have been fired after an explosive auditor generals report found the utility is rife with nepotism and pays out too much in wages and benefits.
In her annual review that also blasted the Liberals over the massive backlog for autism treatment, among other transgressions auditor general Bonnie Lysyk warned OPGs human-resources practices contribute to higher hydro bills.
Lysyk exposed very generous wages and benefits at the Crown agency, which led to the sacking of its chief financial officer, its executive vice-president of strategic initiatives, and its internal audit vice-president.
These findings are not acceptable, a grim-faced Energy Minister Bob Chiarelli said Tuesday after the auditor tabled her 444-page report.
Ontarians can and should expect better, fumed Chiarelli, noting OPG will cut expenses by $1 billion over five years, slash employees to 9,308 from 11,640 by 2016, and reduce bonuses by 10 per cent.
OPG chair Jake Epp said the executives were terminated effective immediately, but would receive severance, which is still being negotiated.
The public utility refused to name the trio, but its website identifies two. They are: chief financial officer Donn Hanbidge, who earned $653,144 last year in addition to $4,515 in taxable benefits, and executive vice-president John Murphy, who made $687,708 plus $138,307 in taxable benefits.
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Auditor general’s report: Liberals blasted over OPG salaries, long waiting lists for autistic kids