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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Mikhail Simutin

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Mikhail Simutin served as the Associate Professor of Finance at University of Toronto in 2023, received an annual salary of $505,246.11 and a taxable benefit of $5,555.04, as indicated by the Government of Ontario's Sunshine list. Mikhail has held the same position since 2021 has been receiving six-figure yearly compensation.

$510,801.15

Total paid in 2023

$505,246.11

Salary

$5,555.04

Taxable Benefit

Gender: Male
Male
Very high confidence

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Job Title :   Associate Professor of Finance
Employer :   University of Toronto
Sector :   Universities
Year :   2023

Comparing peers in identical roles within the organization

$511K
Low: $342K Avg: $416K High: $511K

Comparison with other individuals in similar positions in Ontario

$511K
Low: $138K Avg: $325K High: $511K
Bottom 90% Below Average Above Average Top 10%

Between 2010 and 2023, Mikhail experienced an average annual increase of approximately 12.35% in annual salary, including taxable benefits at University of Toronto. By 2023, Mikhail's total pay had risen by 292.46% compared to the pay in 2010. Notably, during Mikhail's tenure as Associate Professor of Finance, there has been a significant 15.63% rise in compensation over the past 2 years. Additional information can be found in the chart and table presented below.

Yearly Total Paid

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Year Job Title Salary Taxable Benefit Raise
2023 Associate Professor of Finance $505,246 $5,555 13.78%
2022 Associate Professor of Finance $443,058 $5,887 1.63%
2021 Associate Professor of Finance $438,020 $3,741 1.83%
2020 Professor of Finance $429,412 $4,422 -6.35%
2019 Professor of Finance $461,627 $1,641 18.65%
2018 Professor of Finance $388,663 $1,796 18.54%
2017 Professor of Finance $327,969 $1,424 5.08%
2016 Professor of Finance $313,198 $260 24.32%
2015 Professor of Finance $251,065 $1,073 1.18%
2014 Professor of Finance $248,879 $306 -7.32%
2013 Professor of Finance $268,555 $306 14.82%
2012 Professor of Finance $233,861 $306 8.26%
2011 Professor of Finance $215,993 $306 66.19%
2010 Professor of Finance $130,000 $153

The 2023 Sunshine List has 8 employees who held exactly same position title ( Associate Professor of Finance ) in the University of Toronto.

Full Name Salary Taxable Benefit
Mikhail Simutin $505,246 $5,555
Jan Mahrt-smith $457,819 $129
Chayawat Ornthanalai $439,895 $258
Sergei Davydenko $429,077 $3,591
Redouane Elkamhi $410,187 $3,129
Andrey Golubov $364,664 $129
Claire Celerier $362,701 $3,363
Qing Wang $341,806 $306

The 2023 Sunshine List has 16 employees who held comparable positions in Ontario.

10 out of 16 employees

Full Name Job Title Employer Total Paid
Mikhail Simutin Associate Professor of Finance University of Toronto $510,801
Jan Mahrt-smith Associate Professor of Finance University of Toronto $457,948
Chayawat Ornthanalai Associate Professor of Finance University of Toronto $440,153
Sergei Davydenko Associate Professor of Finance University of Toronto $432,668
Redouane Elkamhi Associate Professor of Finance University of Toronto $413,316
Andrey Golubov Associate Professor of Finance University of Toronto $364,792
Claire Celerier Associate Professor of Finance University of Toronto $366,064
Qing Wang Associate Professor of Finance University of Toronto $342,112
Ing-haw Cheng Associate Professor, Finance University of Toronto $412,363
Fotini Tolias Associate Professor, Teaching Stream of Finance University of Toronto $230,548