Simpson Strong-Tie Names President And COO Mike Olosky To Role Of CEO
Pleasanton, CA - Simpson Strong-Tie, supplier of engineered structural connectors, announces the appointment of current company President and Chief Operating Officer Mike Olosky to Simpson Manufacturing Co. Inc.’s executive leadership team as Chief
Executive Officer (CEO).
Olosky succeeds former CEO Karen Colonias, who stepped down from the role on December 31, 2022. As part of the planned leadership succession, Simpson Manufacturing’s board of directors last year unanimously elected Olosky to succeed Colonias as
CEO effective January 1, 2023.
“The Board is very pleased to announce Mike Olosky as CEO,” stated Simpson Manufacturing Chairman of the Board James Andrasick. “Mike’s promotion was the result of a strategic and deliberate succession planning process through
which we expect a seamless transition as Mike assumes his new role. Mike is a seasoned executive with a proven track record of leadership resulting from his significant experience at Henkel and oversight of Simpson’s growth strategy. We are
confident that Mike will help strengthen Simpson’s market position as the partner of choice throughout all aspects of the business.”
Olosky joined Simpson as Chief Operating Officer in November 2020 and was promoted to President and Chief Operating Officer in January 2022. Prior to joining Simpson, Olosky spent more than 22 years in numerous leadership positions at Henkel.
“I am incredibly excited to serve as Simpson’s next CEO and would like to thank Karen for her steady guidance and strategic leadership," stated Olosky. "Our company has a very strong foundation, deeply rooted in innovation and providing our
customers exceptional service. I look forward to building an even stronger future with our highly talented team of people.”
Olosky holds degrees in mechanical engineering from Michigan Technological University and Oakland University and received his MBA from Michigan State University’s Eli Broad School of Business. As part of the leadership succession, Colonias will
remain as an executive advisor to assist with the transition until June 30, 2023.
Simpson Strong-Tie is the primary subsidiary of Simpson Manufacturing Co. Inc.
About Simpson Strong-Tie Company Inc.
Simpson Strong-Tie supplies structural connectors and related products for construction. For more information, visit www.strongtie.com.