Ontario Financing Authority

Ontario Public Sector Salary Disclosure - Sunshine List 2020

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:

2020 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 103 staffers made the Sunshine List, earning total compensation of $14,937,428.60 in 2019.

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 $645,282.02 in 2019.

Following Gadi Mayman was Executive Director and Chief Investment Officer Michael Manning, with annual earnings of $459,919.74. Director, Funding James Devine made $333,015.48, Director, Debt Management David Peters made $333,015.48, and Chief Financial and Risk Officer Ken Kandeepan round out the top-five highest-paid employees with $257,582.51 for the Ontario Financing Authority 2020 Sunshine List.

Breaking down the numbers

Among employees who received more than six-figure salaries in 2019, 27 received earnings between $100,000 and $110,000 followed by 49 who received between $110,001 and $150,000 , 13 received between $150,001 and $200,000 , 9 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.

For a complete list of public sector employees who made the 2020 Sunshine List, go to Sunshine List 2020 Employees List. If you wish to analyze the list by the employer, go to Sunshine List 2020 Employers List.