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 2023 Sunshine List, there were 43 employees with similar job titles who received an average salary of $216,167.42

$216,167.42

Average Salary in 2023

$216,311.55

Median Salary in 2023

Male
55.81% 
Male
Female
44.19%
Female
43 employees (Chief Finance Officer)
1 43
Low: $108K Median: $216K High: $682K

Below is the quartile breakdown of the salary range.

34 employees received a salary between $108,041 - $251,504
8 employees received a salary between $251,504 - $394,967
0 employees received a salary between $394,967 - $538,430
1 employees received a salary between $538,430 - $681,893

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

What were the average and median salaries for a Chief Finance Officer listed in the 2023 Ontario Government Sunshine List?

The 2023 Ontario Sunshine List shows that the average and median salaries for a Chief Finance Officer are $216,167.42 and $216,311.55, respectively.

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

In 2023, Aida Cipolla, holding the position of Chief Financial Officer And Senior Vice President - Finance at the Ontario Power Generation received the highest salary of $681,893.87 among similar positions in Ontario public organizations. Karin Hagen, serving as the Chief Finance Officer at Cornwall Community Hospital , earned the highest salary of $216,311.55 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 2023, the highest-paying organizations for Chief Finance Officer and similar positions in the Ontario were as follows: Ontario Power Generation with an average pay of $494,101.94; Sunnybrook Health Sciences Centre with an average pay of $356,979.04; Workplace Safety and Insurance Board with an average pay of $279,561.83; Ontario Cannabis Retail Corporation with an average pay of $269,761.10; and West Park Healthcare Centre with an average pay of $262,641.49.

A total of 36 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 2023, the highest-paying sector or industries for Chief Finance Officer and similar positions in the Ontario were as follows: Ontario Power Generation with an average pay of $494,101.94; Crown Agencies with an average pay of $276,294.92; and Universities with an average pay of $235,727.78.

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 2023 Ontario Sunshine List indicates that the representation of gender diversity in Chief Finance Officer is 55.81% male and 44.19% female, respectively.

The 2023 Sunshine List has 43 employees who held comparable positions in Ontario.

10 out of 43 employees

Full Name Job Title Employer Total Paid
Aida Cipolla Chief Financial Officer And Senior Vice President - Finance Ontario Power Generation $681,894
Michele L Beals Vice President, Finance And Chief Financial Officer Sunnybrook Health Sciences Centre $356,979
David Minas Chief Financial Officer / Chef Des Finances Workplace Safety and Insurance Board $324,508
John Mauti Chief Financial Officer And Senior Vice President - Finance Ontario Power Generation $306,310
Sarah Chow Vice President, Corporate Support And Chief Finance Officer Michael Garron Hospital $281,939
Laurie Harrison Vice President, Finance And Chief Financial Officer The Hospital for Sick Children $272,402
Zeela Merchant Chief Financial Officer / Chef, Finances Ontario Cannabis Retail Corporation $269,761
Corinne Wong Vice-President, Finance And Chief Financial Officer West Park Healthcare Centre $262,641
Wendy Miller Interim Assistant Vice President, Budgets And Asset Management / Senior Advisor / Assistant Vice President, Finance And Chief Financial Officer York University $243,945
Robert Bull Vice President, Finance And Chief Financial Officer Sinai Health System $245,071

Yearly Average Paid

Year Total Employee Count Average Paid
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