The Ontario Sunshine List - Public Sector Salary Disclosure

The names, positions, salaries and total taxable benefits of public sector employees paid $100,000 or more in a calendar year.

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Chief Finance Officer

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In Ontario's 2024 Sunshine List, there were 46 employees with similar job titles who received an average salary of $218,738.35

$218,738.35

Average Salary in 2024

$221,043.27

Median Salary in 2024

Male
54.35% 
Male
Female
45.65%
Female
46 employees (Chief Finance Officer)
1 46
Low: $102K Median: $221K High: $431K

Below is the quartile breakdown of the salary range.

18 employees received a salary between $101,522 - $183,780
19 employees received a salary between $183,780 - $266,039
6 employees received a salary between $266,039 - $348,297
3 employees received a salary between $348,297 - $430,555

Majority of the employees were paid within the salary range encompassing the second quartile breakdown.

What were the average and median salaries for a Chief Finance Officer listed in the 2024 Ontario Government Sunshine List?

The 2024 Ontario Sunshine List shows that the average and median salaries for a Chief Finance Officer are $218,738.35 and $221,043.27, respectively.

What is the highest salary for a Chief Finance Officer in a public organization in Ontario?

In 2024, Young Lee, holding the position of Vice President, Finance And Chief Financial Officer at the The Hospital for Sick Children received the highest salary of $430,555.99 among similar positions in Ontario public organizations. Karin Hagen, serving as the Chief Finance Officer at Cornwall Community Hospital , earned the highest salary of $217,780.10 among individuals in the same position across public organizations in Ontario during that year.

What are the top 5 public organizations in Ontario that offer the highest salaries for Chief Finance Officer?

In the year 2024, the highest-paying organizations for Chief Finance Officer and similar positions in the Ontario were as follows: The Hospital for Sick Children with an average pay of $430,555.99; Sinai Health System with an average pay of $388,498.02; Hamilton Health Sciences with an average pay of $351,314.39; Vector Institute with an average pay of $346,767.24; and Sunnybrook Health Sciences Centre with an average pay of $339,415.68.

A total of 41 organizations had employees who held comparable positions as mentioned in the Ontario Sunshine list.

What are the top 3 public sectors in Ontario that offer the highest salaries for Chief Finance Officer?

In the year 2024, the highest-paying sector or industries for Chief Finance Officer and similar positions in the Ontario were as follows: Colleges with an average pay of $237,169.08; Hospitals and Boards of Public Health with an average pay of $227,903.99; and Other Public Sector Employers with an average pay of $218,521.96.

There were 7 sectors where employees held similar positions, as indicated in the Ontario Sunshine list.

What is the representation of gender diversity for Chief Finance Officer in Ontario?

The 2024 Ontario Sunshine List indicates that the representation of gender diversity in Chief Finance Officer is 54.35% male and 45.65% female, respectively.

The 2024 Sunshine List has 46 employees who held comparable positions in Ontario.

10 out of 46 employees

Full Name Job Title Employer Total Paid
Young Lee Vice President, Finance And Chief Financial Officer The Hospital for Sick Children $430,556
Robert Bull Executive Vice President - Finance, Redevelopment, And Chief Financial Officer Sinai Health System $388,498
Alan Veerman Chief Operations And Finance Officer Vector Institute $346,767
Amit Bansal Vice President, Finance And Deputy Chief Financial Officer Hamilton Health Sciences $351,314
Darus Suharto Assistant Vice-President, Finance And Chief Finance Officer York University $313,970
Michele L Beals Vice President, Finance And Chief Financial Officer Sunnybrook Health Sciences Centre $339,416
Sandra Chiu Vice President Finance And Chief Executive Officer Michael Garron Hospital $274,564
Zeela Merchant Chief Financial Officer / Chef, Finances Ontario Cannabis Retail Corporation $269,695
Corinne Wong Vice President, Finance And Chief Financial Officer University Health Network $262,642
Sarbjit S Dheri Vice President of Finance And Deputy Chief Financial Officer William Osler Health System $273,002

Yearly Average Paid

Year Total Employee Count Average Paid
202446$218,738
202343$216,167
202233$218,396
202127$230,634
202032$225,159
201939$205,365
201832$207,938
201736$201,911
201636$192,772
201532$199,180
201427$225,184
201327$218,838
201227$241,305
201030$206,593
200922$197,883