David Lobo

$428,730.88asPresident and Chief Executive Officer – Executives / Président et directeur général

Employed by Ontario Cannabis Retail Corporation in 2025, according to Government of Ontario public salary records.

Salary Information

Historical salary and taxable benefits from 2019 to 2025.

YearPositionSalaryBenefitsPerformance
2025
President and Chief Executive Officer – Executives / Président et directeur général
$428,730.88
$13,630.28
6.06%
2024
President and Chief Executive Officer - Executives / Président et directeur général - Cadres
$404,225.93
$12,279.45
6.6%
2022
President and Chief Executive Officer / Président et chef de la direction
$432,774.60
$12,269.81
28.18%
2021
President and Chief Executive Officer / Président et chef de la direction
$337,637.54
$11,315.81
53.93%
2020
Chief Merchandising Officer / Directeur général de Marchandisage
$219,349.16
$1,937.47
23.64%
2019
Vice President, Corporate Affairs and Social Responsibility and Chief of Staff / Vice-présidente, Affaires corporatives et responsabilité sociale et médecin-chef
$177,406.44
$635.55

The Ontario Sunshine List reports that David Lobo was paid $428,730.88 in 2025 as President and Chief Executive Officer – Executives / Président et directeur général at Ontario Cannabis Retail Corporation. This represents a 6.06% increase over the previous year's reported salary. David Lobo has appeared on the Ontario Sunshine List 6 times between 2019 and 2025, with reported earnings peaking at $432,774.60 in 2022. In addition to salary, $13,630.28 in taxable benefits was disclosed for 2025. Ontario Cannabis Retail Corporation reports under the Crown Agencies sector of Ontario's public sector salary disclosure.

NameSalary
David Lobo$428,730.88
NameSalary
Denny Palarchio
Chief Operating Officer/ Chef de l’exploitation
$307,961.49
Alexandre Jalleau
Chief Customer Experience Officer/ Directeur principal de l’expérience client
$305,999.95
Zeela Merchant
Chief Financial Officer/ Chef, Finances
$277,932.64
Trevor Dayton
Vice President, Merchandising and Inventory Planning / Vice-président, Marchandisage, planification et gestion des stocks
$267,975.43
Tanya Watkins
Vice President, Corporate Affairs, Social Responsibility and Strategic Engagement / Vice-président, Affaires générales, responsabilité sociale et engagement stratégique
$260,192.35