8-K filed September 8, 2022, 7:59 PM ET ticker SSD CIK 0000920371

leadership confidence high sentiment neutral materiality 0.65

CEO Karen Colonias to retire June 2023; Mike Olosky named successor effective Jan 1, 2023

Simpson Manufacturing Co., Inc.

Karen Colonias steps down as CEO on Dec 31, 2022, retires from Simpson on June 30, 2023.
Mike Olosky, current President & COO, becomes CEO and joins the board on Jan 1, 2023.
Colonias will serve as Executive Advisor from Jan 1 to June 30, 2023 to assist transition.
Colonias remains on the board until the 2023 annual meeting; Olosky to stand for election then.
Colonias had 38-year tenure at Simpson; Olosky previously spent 22+ years at Henkel.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Mike Olosky

President and Chief Executive Officer

SSD · Simpson Manufacturing Co., Inc.

Effective: 2023-01-01
Filed: September 8, 2022, 7:59 PM ET

Mike Olosky, currently the Company’s President and Chief Operating Officer, will succeed Ms. Colonias as President and Chief Executive Officer effective January 1, 2023.

Departed

Karen Colonias

Chief Executive Officer

SSD · Simpson Manufacturing Co., Inc.

Effective: 2022-12-31
Successor: Mike Olosky
Filed: September 8, 2022, 7:59 PM ET

Karen Colonias notified the Company that she will retire from the Company on June 30, 2023 and step down from her position as Chief Executive Officer, effective December 31, 2022.

Appointed

Mike Olosky

Director

SSD · Simpson Manufacturing Co., Inc.

Effective: 2023-01-01
Filed: September 8, 2022, 7:59 PM ET

Mr. Olosky will be appointed to the Board effective January 1, 2023

Role change

Karen Colonias

Executive Advisor

SSD · Simpson Manufacturing Co., Inc.

Effective: 2023-01-01
Filed: September 8, 2022, 7:59 PM ET

Ms. Colonias will remain employed as an Executive Advisor of the Company to assist with the transition until June 30, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mike Olosky changed role as President and Chief Executive Officer at Simpson Manufacturing Co., Inc..

Action: promoted
Role: President and Chief Executive Officer

Exact text from the filing

Mike Olosky, currently the Company’s President and Chief Operating Officer, will succeed Ms. Colonias as President and Chief Executive Officer effective January 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Karen Colonias departed as Chief Executive Officer at Simpson Manufacturing Co., Inc..

Action: retire
Role: Chief Executive Officer

Exact text from the filing

Karen Colonias notified the Company that she will retire from the Company on June 30, 2023 and step down from her position as Chief Executive Officer, effective December 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mike Olosky was appointed as Director at Simpson Manufacturing Co., Inc..

Action: appointed
Role: Director

Exact text from the filing

Mr. Olosky will be appointed to the Board effective January 1, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Karen Colonias was appointed as Executive Advisor at Simpson Manufacturing Co., Inc..

Action: appointed
Role: Executive Advisor

Exact text from the filing

Ms. Colonias will remain employed as an Executive Advisor of the Company to assist with the transition until June 30, 2023

View on SEC.gov

Simpson Manufacturing Co., Inc. filing history →

Source: SEC EDGAR

accession 0000920371-22-000147

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