Seattle Genetics CEO Clay Siegall's 2018 pay jumps 110% to $18M
Seattle Genetics reports 2018 executive compensation
By ExecPay News
Published: April 4, 2019
Seattle Genetics reported fiscal year 2018 executive compensation information on April 4, 2019.
In 2018, six executives at Seattle Genetics received on average a compensation package of $7.3M, a 102% increase compared to previous year.
Clay B. Siegall, Chief Executive Officer, received $18M in total, which increased by 110% compared to 2017. 45% of Siegall's compensation, or $8.2M, was in stock awards. Siegall also received $2K in bonus, $1.4M in non-equity incentive plan, $7.5M in option awards, $919K in salary, as well as $19K in other compensation.
For fiscal year 2018, the median employee pay was $198,658 at Seattle Genetics. Therefore, the ratio of Clay B. Siegall's pay to the median employee pay was 91 to one.
Roger D. Dansey, Chief Medical Officer, received a compensation package of $9.9M. 69% of the compensation package, or $6.8M, was in stock awards.
Todd E. Simpson, Chief Financial Officer, earned $4.4M in 2018, a 45% increase compared to previous year.
Vaughn B. Himes, Chief Technical Officer, received $4M in 2018, which increases by 43% compared to 2017.
Darren Cline, Former Executive Vice President, Commercial, earned $3.9M in 2018, a 61% increase compared to previous year.
Jean I. Liu, General Counsel, received $3.8M in 2018, which increases by 57% compared to 2017.
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Clay Siegall
Seattle Genetics
Chief Executive Officer
Todd Simpson
Seattle Genetics
Chief Financial Officer
Roger Dansey
Seattle Genetics
Chief Medical Officer
Vaughn Himes
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Chief Technical Officer
Darren Cline
Seattle Genetics
Former Executive Vice President, Commercial
Jean Liu
Seattle Genetics