Former CEO and owner of The Iams Company, Clay is the founder and Chairman of the Board of Aileron. He believes strongly in free enterprise and has a high respect for business owners who risk their capital to employ others. Clay attributes professional management as one of the key reasons he was able to grow Iams to a $1 billion organization. In 1999, the Mathile family sold Iams to international conglomerate Procter & Gamble for the sum of $2.3 billion.
Still active in several business ventures, Clay devotes most of his time to philanthropic interests. In addition to Aileron, Clay and his wife, MaryAnn, created the following initiatives to foster hope and inspire change in the Dayton region and around the world.
- The Mathile Family Foundation: Since 1989, the Foundation has granted more than $230 million to nonprofit organizations that help children and families in need.
- The Glen at St. Joseph: This life-changing campus for 36 single-moms and their young children is a realization of a longtime dream of MaryAnn's. The Glen offers mothers the opportunity to pursue their educational and career goals while their children attend a state-of-the-art early learning center on campus.
- The Mathile Institute for the Advancement of Human Nutrition: The Institute tackles issues of world hunger and malnutrition. It's mission is to create innovative, effective and sustainable solutions to alleviate nutritional inadequacies in children.
Clay also serves as a Trustee on a select group of nonprofit boards focused on education, medical innovation, and social justice. Clay and MaryAnn live in Dayton, Ohio. Clay insists his most important roles are that of husband, father of five, and grandfather of 15. Life as a family man has led to yet another dream, "A family united forever."