Financial Services Regulatory Authority of Ontario

Ontario Public Sector Salary Disclosure - Sunshine List 2025

Salary Name Position
$421,737.32
earned in 2024
Stephen Power Chief Executive Officer / Directeur général
Financial Services Regulatory Authority of Ontario
$389,434.76
earned in 2024
Glen Padassery Executive Vice President, Policy and Executive Vice President, Auto Insurance Products / Vice-président directeur, politiques, assurance-automobile et produits d’assurance
Financial Services Regulatory Authority of Ontario
$387,133.30
earned in 2024
Jordan Solway Executive Vice President, Legal and Enforcement / Vice-président directeur, services juridiques et application de la loi
Financial Services Regulatory Authority of Ontario
$387,128.24
earned in 2024
Huston Loke Executive Vice President, Market Conduct / Vice-président directeur, surveillance des pratiques de l’industrie
Financial Services Regulatory Authority of Ontario
$384,195.87
earned in 2024
Mark White Chief Executive Officer / Directeur général
Financial Services Regulatory Authority of Ontario
$379,708.51
earned in 2024
Mehrdad Rastan Executive Vice President, Credit Union and Insurance Prudential / Vice-président directeur, surveillance prudentielle des caisses et du secteur de l’assurance
Financial Services Regulatory Authority of Ontario
$365,953.92
earned in 2024
Andrew Fung Executive Vice President, Pensions / Vice-présidente directrice, régimes de retraite
Financial Services Regulatory Authority of Ontario
$338,546.28
earned in 2024
Tim Bzowey Executive Vice President, Auto Insurance Products / Vice-président directeur, assurance-automobile et produits d’assurance
Financial Services Regulatory Authority of Ontario
$331,891.06
earned in 2024
Caroline Blouin Executive Vice President, Pensions / Vice-présidente directrice, régimes de retraite
Financial Services Regulatory Authority of Ontario
$296,164.61
earned in 2024
Jane Albright Executive Vice President, Corporate Services / Vice-président directeur, services généraux
Financial Services Regulatory Authority of Ontario
$292,728.19
earned in 2024
Elissa Sinha Director, Litigation and Enforcement and Deputy General Counsel / Directrice, contentieux et application de la loi et avocate générale adjointe
Financial Services Regulatory Authority of Ontario
$289,207.46
earned in 2024
Reesha Hosein Director, Legal Services and Deputy General Counsel / Directrice, services juridiques et avocate générale adjointe
Financial Services Regulatory Authority of Ontario
$275,984.69
earned in 2024
Aleksandar Simic Chief Information Officer / Directeur général de l’information
Financial Services Regulatory Authority of Ontario
$271,834.16
earned in 2024
Jason Harris Director, Legal for Policy and Rule Making and Deputy General Counsel / Directeur, services juridiques pour politiques et établissement des règles et avocat général adjoint
Financial Services Regulatory Authority of Ontario
$267,551.90
earned in 2024
Antoinette Leung Head, Financial Institutions and Mortgage Brokerage Conduct / Responsable, surveillance des pratiques des institutions financières et des maisons de courtage d’hypothèques
Financial Services Regulatory Authority of Ontario
$252,814.49
earned in 2024
Paul Reid Chief Financial Officer / Directeur général des finances
Financial Services Regulatory Authority of Ontario
$251,993.89
earned in 2024
Dan Oprescu Head, Credit Union Prudential Supervision / Responsable, surveillance prudentielle des caisses
Financial Services Regulatory Authority of Ontario
$246,289.94
earned in 2024
Stephane Raby Senior Legal Counsel / Avocat principal
Financial Services Regulatory Authority of Ontario
$243,923.04
earned in 2024
Lester Wong Chief Actuary, Pensions / Actuaire en chef, régimes de retraite
Financial Services Regulatory Authority of Ontario
$240,260.18
earned in 2024
Tamara Brooks Managing Counsel, Legal Licensing Action Team / Avocate en chef, Équipe d’action judiciaire en matière de permis
Financial Services Regulatory Authority of Ontario
Page 1 of 16 - Total result: 305
Published March 2025

Ontario Public Sector Salary Disclosure - Sunshine List 2025

The Public Sector Salary Disclosure Act, 1996 makes Ontario’s public sector more open and accountable to taxpayers. The act requires organizations that receive public funding from the Province of Ontario to make public, by March 31 each year, the names, positions, salaries and total taxable benefits of employees paid $100,000 or more in the previous calendar year.

At SunshineListStats.com, we rank employees from organizations that received public funding from the Province of Ontario and earn over $100,000 per year, including total taxable benefits.

This year's sunshine list includes the top earners in Financial Services Regulatory Authority of Ontario, including:

  • Top Salaries at Financial Services Regulatory Authority of Ontario in the 2025 Sunshine List
  • Chief Executive Officer / Directeur général
    $421,737.32
  • Executive Vice President, Policy and Executive Vice President, Auto Insurance Products / Vice-président directeur, politiques, assurance-automobile et produits d’assurance
    $389,434.76
  • Executive Vice President, Legal and Enforcement / Vice-président directeur, services juridiques et application de la loi
    $387,133.30
  • Executive Vice President, Market Conduct / Vice-président directeur, surveillance des pratiques de l’industrie
    $387,128.24
  • Chief Executive Officer / Directeur général
    $384,195.87

2025 Ontario Sunshine List: Financial Services Regulatory Authority of Ontario Top Earners

Every year, the Ontario government publishes its annual Sunshine List of public sector servants with six-figure salaries. According to the document, Financial Services Regulatory Authority of Ontario's 305 staffers made the Sunshine List, earning total compensation of $44,403,913.65 in 2024.

At the top of the Financial Services Regulatory Authority of Ontario Sunshine List

Topping the list for the Financial Services Regulatory Authority of Ontario was Chief Executive Officer / Directeur général Stephen Power, who brought home $421,737.32 in 2024.

Following Stephen Power was Executive Vice President, Policy and Executive Vice President, Auto Insurance Products / Vice-président directeur, politiques, assurance-automobile et produits d’assurance Glen Padassery, with annual earnings of $389,434.76. Executive Vice President, Legal and Enforcement / Vice-président directeur, services juridiques et application de la loi Jordan Solway made $387,133.30, Executive Vice President, Market Conduct / Vice-président directeur, surveillance des pratiques de l’industrie Huston Loke made $387,128.24, and Chief Executive Officer / Directeur général Mark White round out the top-five highest-paid employees with $384,195.87 for the Financial Services Regulatory Authority of Ontario 2025 Sunshine List.

Breaking down the numbers

Among employees who received more than six-figure salaries in 2024, 75 received earnings between $100,000 and $110,000 followed by 143 who received between $110,001 and $150,000 , 46 received between $150,001 and $200,000 , 24 received between $200,001 and $250,000 , 8 received between $250,001 and $300,000 , and 9 received over $300,000 at the Financial Services Regulatory Authority of Ontario.

  • Salary breakdown
  • 75 employees made between $100,000 to $110,000
  • 143 employees made between $110,000 to $150,000
  • 46 employees made between $150,000 to $200,000
  • 24 employees made between $200,000 to $250,000
  • 8 employees made between $250,000 to $300,000
  • 9 employees made more than $300,000

For a complete list of public sector employees who made the 2025 Sunshine List, go to Sunshine List 2025 Employees List. If you wish to analyze the list by the employer, go to Sunshine List 2025 Employers List.