Karen W. Colonias has been the Chief Executive Officer of Simpson Manufacturing Co., Inc. since 2012. She has a strong educational background with a Bachelor of Science in Engineering and an MBA. Before becoming CEO, she served as Chief Financial...

Number of Employees

5.5K

Year

2023

Total Compensation

$4.30M

Salary

$800.00K

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with operational and financial performance to drive stockholder value.

Bonus

$1.48M

Board Justification

The EOCPS payout reflects 185.4% of the target 2023 EOCPS award opportunity, based on quarterly and annual operating income achievement versus goals established at the beginning of 2023.

Other

$33.00K

Board Justification

This includes contributions to the profit sharing trust account and other benefits.

Restricted Stock

$1.98M(9.45K RSU)

Board Justification

The RSUs vested in 2023 were granted on January 24, 2023, and are subject to a three-year vesting period.

Performance Metrics

The performance metrics for 2023 included operating income, revenue growth, and return on invested capital (ROIC).

SEC Filing

From March 19, 2024

Karen W. Colonias

CEO of Simpson Manufacturing

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Education

BS in Engineering, MBA

Field of Expertise

Technology & Engineering - Engineering

Born

January 1, 1972 - 53 years ago

Is Founder?

No

Current Tenure

13 years 0 months (Jan 2012 - Present)

Previous Experience

Vice President of Simpson Strong-Tie, Branch Manager of manufacturing facility, engineer in research and development, civil engineer for Bechtel Corporation