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Terry Villella

MacKenzie Health/Executive Lead and Chief Financial Officer

2023 Salary — last year on the list

$120,442

Total compensation $120,442, including $0 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
2023

Employer Rank

#457

MacKenzie Health

Years on List

20

2003–2023

Peak Salary

$276,084

2020

Full 2023 roster at MacKenzie Health →·See where $120,442 ranks →

Total Compensation History

Total compensation by yearLine chart of 20 yearly values of total compensation, from $103,920 in 2003 to $120,442 in 2023. No data for 2005.$100K$150K$200K$250K$300K200320072012201420192023
Total compensation, 2003–2023. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2003–2023

$103,359 in 2003 is worth about $165,093 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2023Executive Lead and Chief Financial OfficerMacKenzie Health$120,442Benefits $0Total $120,442
2022Vice PresidentMacKenzie Health$207,818Benefits $7,495Total $215,313
2021Vice PresidentMacKenzie Health$267,149Benefits $10,012Total $277,162
2020Vice President, Finance And Chief Financial OfficerMacKenzie Health$276,084Benefits $9,937Total $286,021
2019Vice President, Finance And Chief Financial OfficerMacKenzie Health$265,954Benefits $939Total $266,893
2018Deputy Chief Financial OfficerMackenzie Health$230,308Benefits $972Total $231,280
2017Deputy Chief Financial OfficerMackenzie Health$230,308Benefits $1,030Total $231,338
2016Deputy Chief Financial Officer / Directrice adjointe des services financiersMackenzie Health$227,100Benefits $976Total $228,076
2015Deputy Chief Financial Officer / Directrice adjointe des services financiersMackenzie Health$202,065Benefits $962Total $203,026
2014Deputy Chief Financial Officer / Directrice adjointe des services financiersMackenzie Health$189,293Benefits $866Total $190,159
2013Deputy Chief Financial Officer / Directeur financier adjointMackenzie Health$175,240Benefits $799Total $176,039
2012Deputy Chief Financial OfficerMackenzie Health$163,013Benefits $768Total $163,781
2011Deputy Chief Financial OfficerYork Central Hospital$162,500Benefits $687Total $163,186
2010Deputy Chief Financial OfficerYork Central Hospital$138,101Benefits $597Total $138,698
2009Director, Financial ServicesYork Central Hospital$132,227Benefits $572Total $132,799
2008Director, Financial ServicesYork Central Hospital$135,348Benefits $547Total $135,894
2007Director, Financial ServicesYork Central Hospital$121,748Benefits $471Total $122,219
2006Director, Financial ServicesYork Central Hospital$106,455Benefits $416Total $106,871
2004Dir., Financial SrvcsYork Central Hospital$109,232Benefits $605Total $109,837
2003Acting CFOYork Central Hospital$103,359Benefits $561Total $103,920

Take-Home Pay
(After Tax) · 2023 estimate

In 2023, Terry Villella's $120,442 salary works out to roughly $85,812 after income tax, CPP and EI — an all-in deduction rate of about 28.8%. On total compensation of $120,442, Terry Villella ranked #457 of 974 disclosed at MacKenzie Health that year, where the median salary was $118,355. 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
~$85,812
Effective income-tax rate (excl. CPP/EI)
~24.8%
CPP + EI contributions
~$4,756
All-in deduction rate (incl. CPP/EI)
~28.8%

Where does $120,442 rank on the Sunshine List? →

Estimate only: 2023 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 MacKenzie Health
2023

View all 974 employees at MacKenzie Health (2023) →