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.
Average pay of disclosed executives at Seattle Genetics
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.

Related executives

Clay Siegall

Seattle Genetics

Chief Executive Officer

Todd Simpson

Seattle Genetics

Chief Financial Officer

Roger Dansey

Seattle Genetics

Chief Medical Officer

Jean Liu

Seattle Genetics

Chief Legal Officer

Robin Taylor

Seattle Genetics

Former Chief Commercial Officer

Chip Romp

Seattle Genetics

Executive Vice President, Commercial U.S

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Source: SEC filing on April 1, 2020.