Simpson Manufacturing promoted Mike Olosky from his role as chief operating officer to the role of president and COO. As a result of Olosky’s promotion, Karen Colonias, who previously served as president and CEO, will continue to serve as CEO. In his new role, Olosky will continue to report to Colonias.
“Mike’s leadership experience, insights, passion, and keen focus have been invaluable in shaping our growth strategy,” Colonias said in a news release. “As president and COO, he will continue to lead our market segment initiative with his operations team, while expanding our product portfolio and brand presence globally.”
Olosky joined the Simpson in late 2020 as COO, overseeing the daily operations of the business along with setting and implementing company performance and growth goals with the executive team, according to the company. Previously, he served as the president of Henkel North American and head of Henkel’s industrial and electronics division.
“I am excited and honored for this opportunity and look forward to continuing to execute our long-term strategic plans,” Olosky said. “We have an exceptional team of people at Simpson as well as a unique business model and competitive strategy that have served us well for more than 65 years. I am confident in our ability to exceed our customers’ expectations as we grow by staying focused on our goals and delivering on our brand promise.”
