Simpson names new chairman, CEO

Pleasanton, Calif.-based Simpson Manufacturing has appointed Tom Fitzmyers as its new chairman. Fitzmyers has been with Simpson since 1978 and has led the company in the role of CEO since it went public in 1994. Barclay Simpson, who founded the company more than 50 years ago, will assume the position of chairman emeritus.

“I can’t tell you how proud I am to have Tom Fitzmyers step into the role of chairman. Tom is largely responsible for our success over the years, and this move is more than well deserved. I have never been more excited about the future of our company,” said Simpson, who will continue to be a board member.

In addition, the company has announced that Karen Colonias will assume Fitzmyers’ role as president and CEO. Colonias was most recently CFO of Simpson. In her 27-year history with the company, she has held a number of positions, including engineering manager, VP engineering, and VP and branch manager of one of the company’s largest profit centers.

Terry Kingsfather will continue as president and CEO of Simpson Strong-Tie Co. Kingsfather has been with the company for 32 years and will continue to lead the sales and marketing efforts.