children nationality name birth_date spouse residence article_title birth_name
5 american clay mathile 11 january 1941 married brookville , ohio , us clay mathile
 clayton lee mathile
clay mathile

clayton lee mathile -lrb- pronounced -lsb- muh-til -rsb- -rrb- , born on january 11 , 1941 , and known as clay , is an american entrepreneur , investor and philanthropist , best known for leading the iams company , to nearly $ 1 billion in sales before selling it to procter & gamble for $ 2.3 billion in 1999 in what was , at the time , the largest cash-only deal in p&g 's history .
mathile shared some of the proceeds with 2,000 iams employees .
in 1970 , dissatisfied with corporate life , mathile accepted a job as sales manager at a small , regional pet food manufacturer : the iams food company in dayton , ohio .
over time , he became the company 's sole owner , ceo , and chairman .
known for his commitment to developing products that delivered superior nutrition , mathile also emphasized innovative marketing .
he is one of the few entrepreneurs to lead a company with two successful premium brands -- iams and eukanuba .
mathile continues to champion entrepreneurs and the free enterprise system .
additionally , he and his family have devoted their extensive charitable efforts to improving low-income children 's access to quality education , helping children and their families in need and eradicating world hunger and malnutrition .
mathile elected to concentrate much of his philanthropy in the dayton region .
