Mars Innovation

Ontario Public Sector Salary Disclosure - Sunshine List 2018

Salary Name Position
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    Published March 2018

    Ontario Public Sector Salary Disclosure - Sunshine List 2018

    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 Mars Innovation, including:

    • Top Salaries at Mars Innovation in the 2018 Sunshine List
    • Raphael Hofstein
      President and Chief Executive Officer
      $537,685.00
    • Parimal Nathwani
      Vice-President, Life Sciences
      $264,952.00
    • Judith Blumstock
      Senior Director, Corporate Development
      $176,241.84
    • Dominic Jaikaran
      Director, Technology and Venture Development
      $172,340.84
    • Fazila Seker
      Director, Technology and Venture Development
      $171,996.84

    2018 Ontario Sunshine List: Mars Innovation Top Earners

    Every year, the Ontario government publishes its annual Sunshine List of public sector servants with six-figure salaries. According to the document, Mars Innovation's 9 staffers made the Sunshine List, earning total compensation of $1,883,130.38 in 2017.

    At the top of the Mars Innovation Sunshine List

    Topping the list for the Mars Innovation was President and Chief Executive Officer Raphael Hofstein, who brought home $537,685.00 in 2017.

    Following Raphael Hofstein was Vice-President, Life Sciences Parimal Nathwani, with annual earnings of $264,952.00. Senior Director, Corporate Development Judith Blumstock made $176,241.84, Director, Technology and Venture Development Dominic Jaikaran made $172,340.84, and Director, Technology and Venture Development Fazila Seker round out the top-five highest-paid employees with $171,996.84 for the Mars Innovation 2018 Sunshine List.

    Breaking down the numbers

    Among employees who received more than six-figure salaries in 2017, 1 received earnings between $100,000 and $110,000 followed by 1 who received between $110,001 and $150,000 , 5 received between $150,001 and $200,000 , 1 received between $200,001 and $250,000 , 1 received between $250,001 and $300,000 at the Mars Innovation.

    • Salary breakdown
    • 1 employee made between $100,000 to $110,000
    • 1 employee made between $110,000 to $150,000
    • 5 employees made between $150,000 to $200,000
    • 1 employee made between $250,000 to $300,000
    • 1 employee made more than $300,000

    For a complete list of public sector employees who made the 2018 Sunshine List, go to Sunshine List 2018 Employees List. If you wish to analyze the list by the employer, go to Sunshine List 2018 Employers List.