Age, Biography and Wiki
Clay Mathile was born on 11 January, 1941 in Portage, Ohio, US, is a Businessman. Discover Clay Mathile's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 82 years old?
| Popular As |
Clayton Lee Mathile |
| Occupation |
Businessman |
| Age |
82 years old |
| Zodiac Sign |
Capricorn |
| Born |
11 January, 1941 |
| Birthday |
11 January |
| Birthplace |
Portage, Ohio, U.S. |
| Date of death |
August 26, 2023 |
| Died Place |
Dayton, Ohio, U.S. |
| Nationality |
United States |
We recommend you to check the complete list of Famous People born on 11 January.
He is a member of famous Businessman with the age 82 years old group.
Clay Mathile Height, Weight & Measurements
At 82 years old, Clay Mathile height not available right now. We will update Clay Mathile's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Clay Mathile's Wife?
His wife is MaryAnn Maas
| Family |
| Parents |
Not Available |
| Wife |
MaryAnn Maas |
| Sibling |
Not Available |
| Children |
5 |
Clay Mathile Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Clay Mathile worth at the age of 82 years old? Clay Mathile’s income source is mostly from being a successful Businessman. He is from United States. We have estimated
Clay Mathile's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessman |
Clay Mathile Social Network
| Instagram |
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| Linkedin |
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| Twitter |
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| Facebook |
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| Wikipedia |
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| Imdb |
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Timeline
Eventually, Mathile appointed the company's president and chief operating officer Tom MacLeod as CEO and became chairman of the board. By 1999, Mathile had grown The Iams Company to a 5.7% share of the U.S. pet food market and international sales of 100 different products in 75 countries. He sold the company to international conglomerate Procter & Gamble for $2.3 billion. He distributed $100 million of the sale proceeds among Iams employees, committed $100 million to fund large-scale, community projects in the Dayton area, and distributed portions to his adult children.
During his early tenure, Mathile oversaw The Iams Company's rapid growth. Mathile purchased the remaining ownership shares from Iams in 1982, thus becoming its sole owner and CEO. At the time, the company had $13 million in sales.
In 1970, Mathile accepted a leadership role at a small, regional pet food manufacturer: The Iams Food Company in Dayton, Ohio. To raise awareness of Iams' product, Mathile spent weekends at dog shows, handing out samples that his children helped him package in their basement. In 1975, after shortages of ingredients almost drove the company under, Mathile purchased a 50%-ownership interest in the company from founder and owner Paul Iams for $100,000. Mathile convinced Paul Iams that the company needed to build its own manufacturing plant.
Mathile graduated at age 16 from Portage High School, ranking first in his class of 14 students. He also lettered in basketball and earned an honorable mention for the all-state team. He went on to attend Ohio Northern University in Ada, Ohio, where he also played on the basketball team. He initially studied mechanical engineering before transferring to the business school. When an expected scholarship fell through, Mathile took a job pumping gas. Mathile graduated a quarter early in February 1962 with a business degree.
On July 7, 1962, he married MaryAnn Maas, the girl he dated since high school. They have five children and live in Brookville, Ohio.
Clayton Lee Mathile (pronounced [Muh-til]) (born January 11, 1941) is an American billionaire businessman best known for leading Iams to nearly $1 billion in sales before selling it to Procter & Gamble (P&G) for $2.3 billion in 1999 in what was, at the time, the largest cash-only deal in P&G's history.
