PLEASANTON, Calif.,
Jan. 26, 2022 /PRNewswire/ --
January 26, 2022 – Simpson
Manufacturing Co., Inc. (the "Company") (NYSE:SSD), an
industry leader in engineered structural connectors and building
solutions, recently announced the promotion of Mike Olosky, currently the Chief Operating
Officer (COO) of the Company, to President and COO of the Company.
As a result of Mr. Olosky's promotion, Ms. Karen W. Colonias, who previously served as
President and Chief Executive Officer of the Company, will continue
to serve as Chief Executive Officer of the Company. Mr. Olosky will
continue to report to Ms. Colonias.
"Mike's leadership experience, insights, passion and keen focus
have been invaluable in shaping our growth strategy," said
Karen Colonias, CEO. "As President
and COO, he will continue to lead our market segment initiatives
with his operations team while expanding our product portfolio and
brand presence globally."
Mike joined the Company in late 2020 as COO, overseeing the
daily operations of the business along with setting and
implementing company performance and growth goals with the
executive team. Previously, he was with Henkel, holding several
executive leadership roles in sales, R&D and operations,
including his most recent position as President of Henkel North America and Head of the company's
Industrial and Electronics division. He also brings more than a
decade of global management experience in Asia and Europe.
"I am excited and honored for this opportunity and look forward
to continuing to execute our long-term strategic plans," said
Olosky. "We have an exceptional team of people at Simpson as well
as a unique business model and competitive strategy that have
served us well for more than 65 years. I am confident in our
ability to exceed our customers' expectations as we grow by staying
focused on our goals and delivering on our brand promise."
About Simpson Manufacturing Co., Inc.
Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its
subsidiary, Simpson Strong-Tie Company Inc., designs, engineers and
is a leading manufacturer of wood construction products, including
connectors, truss plates, fastening systems, fasteners and
shearwalls, and concrete construction products, including
adhesives, specialty chemicals, mechanical anchors, powder actuated
tools and reinforcing fiber materials. The Company's common stock
trades on the New York Stock Exchange under the symbol "SSD."
CONTACT:
Addo Investor Relations
investor.relations@strongtie.com
(310) 829-5400
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SOURCE Simpson Manufacturing Co., Inc.