Simpson Manufacturing Co., Inc. has announced that Michael Olosky will be joining the company as its Chief Operating Officer, effective from 30 November. Olosky will be succeeding his former COO Ricardo Arevalo, who retired in February 2020 after 20 years of service to the Company.
Olosky will primarily be responsible for overseeing the company’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.
Karen Colonias said: "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,"
"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."
Prior to joining Simpson, 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. Additionally, he 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.
With regards to his appointment, Olosky said: "I am incredibly excited to be joining Simpson”
“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."
Furthermore, Simpson Manufacturing's subsidary Simpson Strong-Tie has expanded its range with CLT connectors and fasteners earlier this year following the growth in demand for CLT (Cross-Laminated Timber) construction.
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