Michael Olosky took the reins as CEO of Simpson Manufacturing Co., Inc. on January 1, 2023, after a solid tenure as President and COO. His journey in the industry spans over 22 years, mainly at Henkel, where he held multiple...
Michael Olosky took the reins as CEO of Simpson Manufacturing Co., Inc. on January 1, 2023, after a solid tenure as President and COO. His journey in the industry spans over 22 years, mainly at Henkel, where he held multiple leadership roles, including Head of Industrials and Electronics. His educational background combines a BS in Mechanical Engineering with an MBA and an MS in Mechanical Engineering, giving him a strong technical and business foundation. Under Olosky's leadership, Simpson focuses on performance pay, tying executive compensation to company success. For 2023, he earned about $1.85 million, including an impressive cash bonus that reflected significant company performance. An interesting point is his active participation in trading Simpson's stocks, with substantial trades in 2023, indicating a strong belief in the company's prospects. Michael's experience and strategic vision seem to be steering Simpson towards growth and innovation, ensuring it remains competitive in the manufacturing sector.