Ontario Financing Authority

Ontario Public Sector Salary Disclosure - Sunshine List 2019

Salary Name Position
$127,304.06
earned in 2018
Mari Justo Manager, Business Services
Ontario Financing Authority
$110,318.08
earned in 2018
Mark Froud Senior Financial Policy Advisor
Ontario Financing Authority
$109,689.76
earned in 2018
Michael Isaac Senior Economist and Financial Advisor
Ontario Financing Authority
$448,737.71
earned in 2018
Michael Manning Executive Director and Chief Investment Officer
Ontario Financing Authority
$127,304.06
earned in 2018
Michael Smith Manager, Public Sector Finance
Ontario Financing Authority
$133,715.79
earned in 2018
Nigel Miranda Director, Strategic Corporate Services
Ontario Financing Authority
$110,318.08
earned in 2018
Nurudin Kaba Coordinator, Settlements, Payments, Accounting and Fiscal Agency
Ontario Financing Authority
$154,415.59
earned in 2018
Opal Kandelas Director, Capital Market Operations
Ontario Financing Authority
$167,050.32
earned in 2018
Parvez Daruwalla Manager, Investments and Risk Management
Ontario Financing Authority
$101,116.74
earned in 2018
Paul Lindblad Policy Advisor
Ontario Financing Authority
$103,906.88
earned in 2018
Peter Lam Senior Risk Control Analyst
Ontario Financing Authority
$119,750.59
earned in 2018
Ricky Lai Trader, Funding
Ontario Financing Authority
$127,213.63
earned in 2018
Risa Thau Manager, Settlements, Payments and Fiscal Agency
Ontario Financing Authority
$110,318.08
earned in 2018
Robert Bozinoski Coordinator, Accounting Policy and Financial Reporting
Ontario Financing Authority
$192,290.49
earned in 2018
Ronald Kwan Assistant Deputy Minister, Corporate Electricity Finance
Ontario Financing Authority
$110,318.08
earned in 2018
Salvatore Alfano Coordinator, Cash Management
Ontario Financing Authority
$110,318.08
earned in 2018
Sanmuganandan Rajaratnam Coordinator, Accounting Policy and Financial Reporting
Ontario Financing Authority
$130,948.95
earned in 2018
Sarah Harris Manager, Operations
Ontario Financing Authority
$111,904.33
earned in 2018
Sarah Mcgowan Senior Financial Policy Advisor
Ontario Financing Authority
$220,996.10
earned in 2018
Sarah Neville Director
Ontario Financing Authority
Page 4 of 5 - Total result: 99
Published March 2019

Ontario Public Sector Salary Disclosure - Sunshine List 2019

The Public Sector Salary Disclosure Act, 1996 makes Ontario’s public sector more open and accountable to taxpayers. The act requires organizations that receive public funding from the Province of Ontario to make public, by March 31 each year, the names, positions, salaries and total taxable benefits of employees paid $100,000 or more in the previous calendar year.

At SunshineListStats.com, we rank employees from organizations that received public funding from the Province of Ontario and earn over $100,000 per year, including total taxable benefits.

This year's sunshine list includes the top earners in Ontario Financing Authority, including:

  • Top Salaries at Ontario Financing Authority in the 2019 Sunshine List
  • Chief Executive Officer
    $636,507.14
  • Executive Director and Chief Investment Officer
    $448,737.71
  • Director, Funding
    $324,828.84
  • Director, Debt Management
    $324,828.84
  • Chief Financial and Risk Officer
    $251,167.50

2019 Ontario Sunshine List: Ontario Financing Authority Top Earners

Every year, the Ontario government publishes its annual Sunshine List of public sector servants with six-figure salaries. According to the document, Ontario Financing Authority's 100 staffers made the Sunshine List, earning total compensation of $14,225,989.36 in 2018.

At the top of the Ontario Financing Authority Sunshine List

Topping the list for the Ontario Financing Authority was Chief Executive Officer Gadi Mayman, who brought home $636,507.14 in 2018.

Following Gadi Mayman was Executive Director and Chief Investment Officer Michael Manning, with annual earnings of $448,737.71. Director, Funding James Devine made $324,828.84, Director, Debt Management David Peters made $324,828.84, and Chief Financial and Risk Officer Ken Kandeepan round out the top-five highest-paid employees with $251,167.50 for the Ontario Financing Authority 2019 Sunshine List.

Breaking down the numbers

Among employees who received more than six-figure salaries in 2018, 29 received earnings between $100,000 and $110,000 followed by 45 who received between $110,001 and $150,000 , 13 received between $150,001 and $200,000 , 8 received between $200,001 and $250,000 , 1 received between $250,001 and $300,000 , and 4 received over $300,000 at the Ontario Financing Authority.

  • Salary breakdown
  • 29 employees made between $100,000 to $110,000
  • 45 employees made between $110,000 to $150,000
  • 13 employees made between $150,000 to $200,000
  • 8 employees made between $200,000 to $250,000
  • 1 employee made between $250,000 to $300,000
  • 4 employees made more than $300,000

For a complete list of public sector employees who made the 2019 Sunshine List, go to Sunshine List 2019 Employees List. If you wish to analyze the list by the employer, go to Sunshine List 2019 Employers List.