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.

In this page

David Lobo

Share this page

David Lobo served as the President And Chief Executive Officer at Ontario Cannabis Retail Corporation in 2023, received an annual salary of $414,599.14 and a taxable benefit of $13,058.95, as indicated by the Government of Ontario's Sunshine list. David has held the same position since 2021 has been receiving six-figure yearly compensation.

$427,658.09

Total paid in 2023

$414,599.14

Salary

$13,058.95

Taxable Benefit

Gender: Male
Male
Very high confidence

LinkedIn Logo Find David on LinkedIn

Job Title :   President And Chief Executive Officer
Employer :   Ontario Cannabis Retail Corporation
Sector :   Crown Agencies
Year :   2023

Comparing peers in identical roles within the organization

$428K
Low: $428K Avg: $428K High: $428K

Comparison with other individuals in similar positions in Ontario

$428K
Low: $101K Avg: $312K High: $1,933K
Bottom 90% Below Average Above Average Top 10%

Between 2019 and 2023, David experienced an average annual increase of approximately 26.40% in annual salary, including taxable benefits at Ontario Cannabis Retail Corporation. By 2023, David's total pay had risen by 140.20% compared to the pay in 2019. Notably, during David's tenure as President And Chief Executive Officer, there has been a significant 22.55% rise in compensation over the past 2 years. Additional information can be found in the chart and table presented below.

Yearly Total Paid

Download
Year Job Title Salary Taxable Benefit Raise
2023 President And Chief Executive Officer $414,599 $13,059 -3.91%
2022 President And Chief Executive Officer $432,775 $12,270 27.54%
2021 President And Chief Executive Officer $337,638 $11,316 57.69%
2020 Chief Merchandising Officer $219,349 $1,937 24.29%
2019 Vice President, Corporate Affairs And Social Responsibility And Chief of Staff $177,406 $636

The 2023 Sunshine List has employee who held exactly same position title ( President And Chief Executive Officer ) in the Ontario Cannabis Retail Corporation.

Full Name Salary Taxable Benefit
David Lobo $414,599 $13,059

The 2023 Sunshine List has 297 employees who held comparable positions in Ontario.

10 out of 297 employees

Full Name Job Title Employer Total Paid
Peter Shena Executive Vice President And Chief Pension Officer Ontario Public Service Pension Board (Ontario Pension Board $502,330
Daniel Cass Executive Vice President Chief Medical Executive Sunnybrook Health Sciences Centre $624,629
Jane Merkley Executive Vice President, Chief Nursing Officer And Chief Operating Officer Sinai Health System $468,906
David Mccaig Executive Vice President, Corporate Affairs And Chief Financial Officer Hamilton Health Sciences $455,889
Andrea Krystal President / Chief Executive Officer Southlake Regional Health Centre $532,187
Kenneth Hartwick President And Chief Executive Officer Ontario Power Generation $1,932,912
Ronald Cohn President And Chief Executive Officer The Hospital for Sick Children $869,052
Kevin Smith President And Chief Executive Officer University Health Network $935,612
Phil Verster President And Chief Executive Officer Metrolinx $851,490
Mark Fuller President And Chief Executive Officer Ontario Public Service Pension Board (Ontario Pension Board $827,111