Canada · Public Sector Salary DisclosureEdition 2025
RH
On the 2017 Sunshine List · 2 years

Raphael Hofstein

President and Chief Executive Officer · Mars Innovation
2017 Total Compensation Paid
$549,391.72
▼ 10.2% since 2016

Raphael Hofstein was paid $549,391.72 in total compensation as President and Chief Executive Officer at Mars Innovation in 2017, 449% above Ontario's $100,000.00 Sunshine List threshold.

Raphael Hofstein has appeared on the Ontario Sunshine List 2 times since 2016, earning $1.2M in combined disclosed pay — an average of $580,515.00 a year, down 10% over that span.

That is 163% above the average disclosed pay of $209,236.71 across 9 listed Mars Innovation employees.

$549,391.72
Latest compensation
in 2017
$1.2M
Total compensation
across 2 years
$580,515.00
Average / year
while on Sunshine List
-10.2%
Career growth
since 2016
SHARE

Share this record

Download a card to post or send.

FIG. 01

2 years on the list

Annual total compensation (CAD) — hover to inspect.

$538K$558K$579K$599K$619K20162017
FIG. 02

The career in numbers

Totals, averages, and the biggest moves — all total compensation.

A career, year by year.

How Raphael Hofstein's total compensation has moved across 2 years on the Ontario Sunshine List.

Highest year2016 · $611,638.17
Lifetime total compensation$1.2M
Annual average$580,515.00
Total growth since 2016-10.2%
Biggest drop-10.2% (2017)
FIG. 03

Year-by-year history

2 years on the Sunshine List.

YearPositionTotal CompensationChange
2017Latest
President and Chief Executive Officer↑ role changed$549,391.72▼ 10.2%
2016First★ Best
President and CEO / Président et Directeur Général$611,638.17
2 years total$1.2M total$580,515.00 avg
FIG. 04

The record

Source data and how to request a correction.

Employee details

Position
President and Chief Executive Officer
Sector
Other Public Sector Employers
Province
Ontario
First appeared
2016
Latest disclosure
2017
Years on list
2

Data source

Salary data is published annually by the Ontario government under the Public Sector Salary Disclosure Act. Only employees earning $100,000+ are disclosed.

Name removal

This data comes from official government disclosures. For removal requests, contact the Ontario government directly.

Request removal →