Seattle Genetics CEO Clay Siegall's 2019 pay slips 20% to $15M
Seattle Genetics reports 2019 executive compensation
By ExecPay News
Published: April 1, 2020
Seattle Genetics reported fiscal year 2019 executive compensation information on April 1, 2020.
In 2019, six executives at Seattle Genetics received on average a compensation package of $6.4M, a 13% decrease compared to previous year.
Clay B. Siegall, Chief Executive Officer, received $15M in total, which decreased by 20% compared to 2018. 56% of Siegall's compensation, or $8.1M, was in stock awards. Siegall also received $1.9M in non-equity incentive plan, $3.5M in option awards, $963K in salary, as well as $15K in other compensation.
For fiscal year 2019, the median employee pay was $222,352 at Seattle Genetics. Therefore, the ratio of Clay B. Siegall's pay to the median employee pay was 65 to one.
Roger D. Dansey, Chief Medical Officer, received a compensation package of $6.7M, which decreased by 32% compared to previous year. 42% of the compensation package, or $2.8M, was in stock awards.
Robin G. Taylor, Former Chief Commercial Officer, earned $5.2M in 2019.
Todd E. Simpson, Chief Financial Officer, received $4.5M in 2019, which increases by 1% compared to 2018.
Jean I. Liu, General Counsel, earned $4M in 2019, a 5% increase compared to previous year.
Chip R. Romp, Executive Vice President, Commercial U.S, received $3.4M in 2019.
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Clay Siegall
Seattle Genetics
Chief Executive Officer
Todd Simpson
Seattle Genetics
Chief Financial Officer
Roger Dansey
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Chief Medical Officer
Jean Liu
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Chief Legal Officer
Robin Taylor
Seattle Genetics
Former Chief Commercial Officer
Chip Romp
Seattle Genetics