Skip to content

Raphael Hofstein

Mars Innovation/President and Chief Executive Officer

2017 Salary — last year on the list

$537,685

Total compensation $549,392, including $11,707 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
2017

Employer Rank

#1

Mars Innovation

Years on List

2

2016–2017

Peak Salary

$599,850

2016

Full 2017 roster at Mars Innovation·See where $537,685 ranks →

Total Compensation History

Total compensation by yearLine chart of 2 yearly values of total compensation, from $611,638 in 2016 to $549,392 in 2017.$200K$400K$600K$800K20162017
Total compensation, 2016–2017. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
20162017

$599,850 in 2016 is worth about $767,098 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2017President and Chief Executive OfficerMars Innovation$537,685
2016President and CEO / Président et Directeur GénéralMaRS Innovation$599,850

On the List
2017

131,909 salaries were disclosed on the 2017 Sunshine List, which covers pay of $100,000 or more. Raphael Hofstein was the #1 highest-paid of 9 people Mars Innovation disclosed in 2017, with total compensation of $549,392. Across Ontario, the 2017 median for President and Chief Executive Officer was $273,508; Raphael Hofstein's $537,685 salary sat about 97% above it. Across 2 years at Mars Innovation (2016–2017), Raphael Hofstein's highest disclosed salary was $599,850, in 2016.

Also at Mars Innovation
2017