Simpson Manufacturing Co., Inc., the parent company of Simpson Strong-Tie, announced that Michael Olosky is joining the company as chief operating officer effective Nov. 30.
Olosky succeeds Simpson's former COO Ricardo Arevalo, who retired in February after 20 years of service to the company.
Simpson said that Olosky will primarily be responsible for overseeing Simpson's sales and operations globally, and will report directly to the company president and CEO, Karen Colonias. According to the fastener manufacturer and building solutions provider, Olosky’s expertise in strategy and innovation, marketing, and manufacturing will play a critical role for the next chapter of Simpson.
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.
"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," said Colonias. "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."
"I am incredibly excited to be joining Simpson," said Mr. Olosky. "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 Manufacturing Co., Inc., is headquartered in Pleasanton, Calif