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Simpson Manufacturing Co., Inc. Announces Michael Olosky as Chief Operating Officer

General News

Simpson Manufacturing Co., Inc. (“Simpson” or the “Company”), an industry leader in engineered structural connectors and building solutions, announced Michael Olosky will be joining the Company as Chief Operating Officer effective November 30th, 2020. Mr. Olosky succeeds Simpson’s former COO Ricardo Arevalo, who retired in February 2020 after 20 years of service to the Company.

Mr. Olosky will primarily be responsible for overseeing Simpson’s sales and operations globally, and will report directly to the Company’s President and Chief Executive Officer, Karen Colonias. His proven expertise in strategy and innovation, marketing, and manufacturing will play a critical role for the next chapter of Simpson as it continues to lead the industry with its trusted building solutions.

Prior to joining Simpson, Mr. Olosky spent over 22 years in numerous leadership positions at Henkel, a global chemical and consumer goods company. He most recently served as the Regional President Henkel, North America and Head of the Electronics and Industrial Division since 2019. Mr. Olosky has a BS in Mechanical Engineering from Michigan Technological University, an MBA from Michigan State University, and a MS in Mechanical Engineering from Oakland University.

“I am delighted that Mike will be joining our team as we continue to uncover new ways to remain innovative and seek opportunities for future growth,” said Karen Colonias, Simpson’s President and Chief Executive Officer. “His broad and deep career experience will be instrumental in enhancing our ability to continue providing best-in-class service and support to our customers as we continue to grow the Company. While the search to find the right candidate took longer than anticipated, I could not be more pleased with our choice, and I am confident Mike will have a tremendous impact on our business success.”

“I am incredibly excited to be joining Simpson,” said Mr. Olosky. “Beyond being a widely-recognized industry leader and trusted manufacturer for over 60 years, Simpson’s core values and mission to improve people’s lives though safer, stronger structures closely align with mine. I look forward to helping the Simpson team achieve great results in the future.”

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.”

Source: Simpson Manufacturing Co., Inc.