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Michele L Beals

Sunnybrook Health Sciences Centre/Vice President, Finance and Chief Financial Officer

2024 Salary — last year on the list

$308,610

Total compensation $339,416, including $30,806 in taxable benefits.

Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page

At a Glance
2024

Employer Rank

#12

Sunnybrook Health Sciences Centre

Years on List

3

2022–2024

Peak Salary

$326,102

2023

Full 2024 roster at Sunnybrook Health Sciences Centre →·See where $308,610 ranks →

Total Compensation History

Total compensation by yearLine chart of 3 yearly values of total compensation, from $126,447 in 2022 to $339,416 in 2024.$100K$200K$300K$400K202220232024
Total compensation, 2022–2024. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2022–2024

$112,845 in 2022 is worth about $122,547 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2024Vice President, Finance and Chief Financial OfficerSunnybrook Health Sciences Centre$308,610Benefits $30,806Total $339,416
2023Vice President, Finance and Chief Financial OfficerSunnybrook Health Sciences Centre$326,102Benefits $30,877Total $356,979
2022Vice President and Chief Financial OfficerSunnybrook Health Sciences Centre$112,845Benefits $13,602Total $126,447

Take-Home Pay
(After Tax) · 2024 estimate

Of the $308,610 Michele L Beals earned in 2024, roughly $182,390 would remain after income tax, CPP and EI, an all-in deduction rate of about 40.9%. Among those listed as Vice President Finance and Chief Financial Officer in 2024, the median was $232,301; this salary sits about 33% above it. Most Hospitals & Boards of Public Health employees belong to HOOPP, so actual take-home is likely another 7–10% lower after pension contributions.

Estimated net pay
~$182,390
Effective income-tax rate (excl. CPP/EI)
~39.2%
CPP + EI contributions
~$5,105
All-in deduction rate (incl. CPP/EI)
~40.9%
vs. 2024 Vice President Finance and Chief Financial Officer median
+33%

Where does $308,610 rank on the Sunshine List? →

Estimate only: 2024 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.

Also at Sunnybrook Health Sciences Centre
2024

View all 2,513 employees at Sunnybrook Health Sciences Centre (2024) →