Clay Siegall, with a net worth value of over $150 million, has resigned as the CEO of Seagen after his wife filed a case of domestic violence.
American CEO Clay Siegall has resigned from his position as the CEO of the biotech firm, Seagen.
He backed off from the position that he had held for decades after his wife filed a case of domestic violence against him.
Clay was arrested back on April 23 after his wife complained about the incident to the police that morning.
Apparently, he was detained from his own house that he shared with this spouse.
Around a month later of the incident, Siegall decided to step down as the leader of his company.
What Is Clay Siegall Net Worth During Resignation?
Clay Siegall's net worth value at the time of his resignation is thought to be around $150- $200 million.
Clay Siegall, the chief executive of Seagen, Washington’s largest biotech firm, resigned Monday after allegations of domestic violence came to light. In 2020, Siegall was the highest-paid CEO in the state.— The Seattle Times (@seattletimes) May 17, 2022
As reported by Seattle Times, he was paid a whopping $16.5 million annual salary in 2020, making him the highest-paid CEO in all of Washington.
From this data, it is pretty clear that Clay had a huge paycheck from the company.
Considering his salary figures, Clay is expected to have a pretty huge fortune at his disposal, somewhere around $156 million as per Wallmine.
However, the official source shave not yet confirmed the actual valuation of the businessman.
So, we can only speculate the number based on other available information.
Clay Siegall Charged For Domestic Violence By Wife Nellie Siegall
Clay Siegall was arrested and charged with a domestic violence case filed by his wife, Nellie Siegall.
It was around a month ago when the spouse of the American businessman decided to inform the authorities regarding the abuse that she had been facing at home.
From what is available on the internet, it seems like the man used to abuse her physically and it was going on for some time.
Some things you don't bounce back from --— John Carroll (@JohnCendpts) May 16, 2022
Clay Siegall resigns from Seagen amid investigation into domestic violence claimshttps://t.co/pE78AcU5RT
Eventually, Nellie filed a case against the actions of her man.
She later revealed that Clay used to throw her on the floor and drag her around the house.
It was going on throughout their marriage and the couple had even filed for divorce in 2021 which was declined.
Siegall was briefly released after no charges on him were placed.