---
schema_version: "secwatch.filing_event.v1"
accession: "0000920371-22-000176"
form_type: "8-K"
ticker: "SSD"
cik: "0000920371"
company_name: "Simpson Manufacturing Co., Inc."
filed_at: "2022-12-20T23:59:59+00:00"
generated_at: "2026-06-21T02:17:11.099818+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Simpson Manufacturing sets CEO Mike Olosky's compensation: $800K salary, 100% bonus target, $2.4M LTI

## Summary
- Annual base salary of $800,000, subject to annual review after 2023.
- 2023 bonus target of 100% of base salary under EOCPS plan, max 200% of target.
- Long-term incentive target of $2.4 million for 2023, mix of RSUs and PSUs.
- PSU vesting based on revenue growth and ROIC goals; payout 0%-200% of target.
- Mr. Olosky becomes CEO effective January 1, 2023, succeeding Karen Colonias.

## SEC filing metadata
- accession: 0000920371-22-000176
- form_type: 8-K
- ticker: SSD
- cik: 0000920371
- company_name: Simpson Manufacturing Co., Inc.
- filed_at: 2022-12-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920371/000092037122000176/0000920371-22-000176-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920371/000092037122000176/ssd-20221214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000920371-22-000176
- JSON: https://secwatch.observer/filing/0000920371-22-000176.json
- Plain text: https://secwatch.observer/filing/0000920371-22-000176.txt

## Key facts
- Executive change
  Mike Olosky was appointed as President and Chief Executive Officer at Simpson Manufacturing Co., Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Mike Olosky, currently the President and Chief Operating Officer of Simpson Manufacturing Co, Inc. (the “Company”), will succeed Karen Colonias as President and Chief Executive Officer of the Company effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/920371/000092037122000176/0000920371-22-000176-index.htm
- Executive change
  Karen Colonias departed as President and Chief Executive Officer at Simpson Manufacturing Co., Inc..
  - Action: succeeded
  - Role: President and Chief Executive Officer
  source text: Mike Olosky, currently the President and Chief Operating Officer of Simpson Manufacturing Co, Inc. (the “Company”), will succeed Karen Colonias as President and Chief Executive Officer of the Company effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/920371/000092037122000176/0000920371-22-000176-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.