Mihkel Tombak

University of Toronto/Professor, Department of Management

2025 Salary

$393,971

Total compensation $394,162, including $190 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
2025

Employer Rank

#132

University of Toronto

Years on List

2003–2025

Peak Salary

$393,971

2025

Full 2025 roster at University of Toronto →·See where $393,971 ranks →

Total Compensation History

Total compensation, 2003–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2003–2025

$100,000 in 2003 is worth about $159,728 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2025	University Of Toronto	Professor, Department of ManagementUniversity Of Toronto	$393,971Benefits $190Total $394,162	$190	$394,162
2024	University Of Toronto	Professor, Department of ManagementUniversity Of Toronto	$351,458Benefits $258Total $351,716	$258	$351,716
2023	University Of Toronto	Professor, Department of ManagementUniversity Of Toronto	$359,559Benefits $258Total $359,817	$258	$359,817
2022	University Of Toronto	Professor, Department of ManagementUniversity Of Toronto	$330,963Benefits $272Total $331,235	$272	$331,235
2021	University Of Toronto	Professor, Department of ManagementUniversity Of Toronto	$332,127Benefits $286Total $332,413	$286	$332,413
2020	University Of Toronto	Professor and Chair, Department of ManagementUniversity Of Toronto	$341,643Benefits $302Total $341,945	$302	$341,945
2019	University Of Toronto	Professor and Chair, Department of ManagementUniversity Of Toronto	$336,708Benefits $1,371Total $338,079	$1,371	$338,079
2018	University of Toronto	Professor and Chair, Department of ManagementUniversity of Toronto	$329,218Benefits $1,503Total $330,721	$1,503	$330,721
2017	University of Toronto	Professor and Chair, Department of ManagementUniversity of Toronto	$323,097Benefits $2,058Total $325,156	$2,058	$325,156
2016	University of Toronto	Professor and Chair, Department of ManagementUniversity of Toronto	$347,743Benefits $520Total $348,263	$520	$348,263
2015	University of Toronto	Professor And Chair, ManagementUniversity of Toronto	$353,440Benefits $566Total $354,006	$566	$354,006
2014	University of Toronto	Professor and Chair, ManagementUniversity of Toronto	$319,974Benefits $612Total $320,586	$612	$320,586
2013	University of Toronto	Professor and Chair, ManagementUniversity of Toronto	$321,819Benefits $1,237Total $323,056	$1,237	$323,056
2012	University of Toronto	Professor and Chair, ManagementUniversity of Toronto	$327,797Benefits $2,112Total $329,908	$2,112	$329,908
2011	University of Toronto	Professor of Management and Program DirectorUniversity of Toronto	$305,481Benefits $2,112Total $307,592	$2,112	$307,592
2010	University of Toronto	Professor of Management and Program DirectorUniversity of Toronto	$274,918Benefits $2,089Total $277,007	$2,089	$277,007
2009	University of Toronto	Professor of Management and Program DirectorUniversity of Toronto	$265,838Benefits $2,067Total $267,904	$2,067	$267,904
2008	University of Toronto	Professor, Management/Program DirectorUniversity of Toronto	$264,335Benefits $3,567Total $267,902	$3,567	$267,902
2007	University of Toronto	Professor, Management/Program DirectorUniversity of Toronto	$241,088Benefits $3,567Total $244,655	$3,567	$244,655
2006	University of Toronto	Professor of Management & ChairUniversity of Toronto	$235,579Benefits $3,598Total $239,178	$3,598	$239,178
2005	University of Toronto	Professor, Management/ChairUniversity of Toronto	$244,327Benefits $3,665Total $247,992	$3,665	$247,992
2004	University of Toronto	Professor, Management/Hatch ChairUniversity of Toronto	$214,600Benefits $2,155Total $216,755	$2,155	$216,755
2003	University of Toronto	Professor, Management and Hatch ChairUniversity of Toronto	$100,000Benefits $305Total $100,305	$305	$100,305

Take-Home Pay
(After Tax) · 2025 estimate

Mihkel Tombak was paid $393,971 in 2025; after income tax, CPP and EI that is roughly $223,036, an effective income-tax rate of about 42.0%. At University of Toronto, 7,392 people made the 2025 list with a median salary of $147,726; Mihkel Tombak's total compensation of $394,162 ranked #132. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay: ~$223,036
Effective income-tax rate (excl. CPP/EI): ~42.0%
CPP + EI contributions: ~$5,507
All-in deduction rate (incl. CPP/EI): ~43.4%

Where does $393,971 rank on the Sunshine List? →

Estimate only: 2025 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 University of Toronto
2025

Also at University of Toronto, 2025
#	Name	Position	Salary	Total
1	Alan Aspuru-Guzik	Professor of Chemistry and Computer Science	$649,993	$684,041
2	Brian Golden	Professor of Strategic Management	$616,607	$616,858
3	Mikhail Simutin	Associate Professor of Finance	$593,667	$603,115
4	David Goldreich	Professor of Finance	$601,972	$602,270
5	Theodore Brown	Professor, Obstetrics and Gynaecology	$598,159	$598,224
6	William Strange	Professor of Economic Analysis and Policy	$596,033	$596,242
7	Meric Gertler	Professor of Geography and Planning	$555,450	$588,914
8	Wei-Yi (Scott) Liao	Professor of Accounting	$573,981	$576,190
9	Dilip Soman	Professor of Marketing	$575,404	$575,529
10	Partha Sarat Mohanram	Professor of Accounting	$573,196	$573,321