Raphael Hofstein
Salary: $537,685.00
Year: 2017
Position: President and Chief Executive Officer
Employer: Mars Innovation
Category of Employment: Other Public Sector Employers
Published March, 2018

Ontario Public Sector Salary Disclosure - Sunshine List 2018

Welcome to the SunshineListStats.com, where we rank employees from organizations that received public funding from the Province of Ontario who earn over 100,000 per year, including total taxable benefits.

This year's sunshine list includes the top earners in Mars Innovation, including:

  • Highest salaries in the Sunshine List 2018 at Mars Innovation
  • President and Chief Executive Officer
    $537,685.00
  • Vice-President, Life Sciences
    $264,952.00
  • Senior Director, Corporate Development
    $176,241.84
  • Director, Technology and Venture Development
    $172,340.84
  • Director, Technology and Venture Development
    $171,996.84

2018 Sunshine List: Mars Innovation top earners

Every year by March 31, Ontario government publishes its annual Sunshine List of public sector servants with six-figure salaries. According to the document, at the Mars Innovation 9 staffers made the list, earning a total salary of $1,883,130.38 in 2017.

At the top of the 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, who had 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 between 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 analyse the list by employer go to Sunshine List 2018 Employers List.