BC Public Sector Compensation
Crown Corporations

BC Crown Corporation Executive Salaries: BC Hydro, ICBC, BC Ferries (FY 2024-25)

Based on the FY 2024-25 Public Sector Executive Compensation Disclosure · 153 executives across 30 crown corporations

Every BC public sector employer covered by the Public Sector Employers Act must disclose the compensation of its CEO and top four named executive officers each fiscal year. For BC's crown corporations — BC Hydro, ICBC, BC Ferries, BCLC, BC Investment Management Corporation, and others — that disclosure offers a clear picture of what running these public-mission businesses actually pays.

In FY 2024-25, 153 top executives across 30 BC crown corporations were disclosed. Average base salary: $234,199. Average total compensation (base + incentives + benefits + pension + other): $300,022. Total disclosed payroll: $46M.

The single highest-paid executive at a BC crown corporation is Thomas Bechard, listed as Pres & CEO Powerex at BC Hydro, with total compensation of $1,633,445 (base salary $407,133).

Top 25 Highest-Paid Crown Corporation Executives (FY 2024-25)

#NameCrownBaseTotal
1Thomas Bechard
Pres & CEO Powerex
BC Hydro$407,133$1,633,445
2Leah Nguyen
Chief Investment Officer
InBC Investment Corp$252,717$653,780
3Christopher O'Riley
President & CEO
BC Hydro$434,174$650,196
4Brenda Leong
Chair and CEO
BC Securities Commission$529,595$609,851
5Anne Naser
President and CEO
WorkSafe BC$417,364$572,228
6Patrick Davis
President and CEO
BC Lottery Corporation$417,586$563,362
7Charlotte Mitha
EVP, Operations
BC Hydro$328,352$535,255
8David Wong
President & CEO
Insurance Corporation of BC$429,953$526,161
9Maureen Daschuk
EVP Integrated Planning
BC Hydro$323,611$506,928
10Diana Stephenson
SVP, Customer & Corporate Affairs
BC Hydro$313,206$501,177
11Ryan Layton
EVP, Finance, Technology, Supply Chain
BC Hydro$320,074$494,033
12Blair Fraser Morrison
Special Advisor to CEO
BC Financial Services Authority$394,268$465,020
13Gordon Johnson
Vice Chair
BC Securities Commission$397,728$461,324
14Peter J Brady
Executive Director
BC Securities Commission$395,885$459,182
15Amanda Farrell
Chief Executive Officer
Transportation Investment Corporation$365,391$442,430
16Gary Eastwood
VP Information Services
Insurance Corporation of BC$337,112$437,214
17Jason McDaniel
VP Operations
Insurance Corporation of BC$347,520$432,574
18Ken Cretney
President and CEO
BC Pavilion Corporation$369,882$431,489
19Jaci Edgeworth
VP People, Culture & Sustainability
Insurance Corporation of BC$336,611$403,759
20Philip Leong
VP Finance & Chief Financial Officer
Insurance Corporation of BC$337,955$403,271
21Vincent Tong
Chief Executive Officer
BC Housing Management Commission$335,642$398,580
22Erinn Pinkerton
President and Chief Executive Officer
BC Transit$340,066$396,341
23Todd Yule
Head of Innovation Svcs & CDO
WorkSafe BC$326,636$388,895
24John Hinze
Director, Corporate Finance
BC Securities Commission$336,395$387,763
25Kevin La Freniere
Head of Stkhld Exp Mktg & Comm
WorkSafe BC$318,105$378,077

Crown Corporations Ranked by Top Executive Pay

Each crown corporation discloses its CEO plus four named executive officers, so the "top comp" column is generally the CEO's package. The largest gaps from base to total come from incentive plans tied to financial performance — most pronounced at BCI and ICBC, less so at the consumer-facing crowns.

Crown CorporationExecsAvg CompTop Comp
BC Hydro13$499,583$1,633,445
InBC Investment Corp5$349,911$653,780
BC Securities Commission5$457,375$609,851
WorkSafe BC4$429,255$572,228
BC Lottery Corporation5$393,865$563,362
Insurance Corporation of BC8$391,431$526,161
BC Financial Services Authority6$285,966$465,020
Transportation Investment Corporation5$334,332$442,430
BC Pavilion Corporation5$313,039$431,489
BC Housing Management Commission5$308,475$398,580
BC Transit8$267,094$396,341
Insurance Council of BC5$305,921$368,287
BC Assessment6$280,062$359,775
BC Infrastructure Benefits3$282,014$351,455
BC Energy Regulator6$286,315$351,214

A Note on What's Disclosed

Each crown corporation discloses a Summary Compensation Table showing base salary, incentive pay (short and long-term), pension, benefits, and other compensation for the CEO and the four highest-paid Named Executive Officers. This article uses the sum of those components as "total compensation." Non-executive employees at crown corporations are not included in this dataset — those would appear in the company's own Statement of Financial Information (SOFI), which we don't yet ingest for crowns.

Data source: BC Public Sector Executive Compensation Disclosures (FY 2024-25), published under the Public Sector Employers Act. This site is an independent tool and is not affiliated with the Government of British Columbia, BC Hydro, ICBC, or any crown corporation. Verify individual records against the official disclosure.