Phillip "Terry" Kingsfather, born in 1947, has been a key player in Simpson Manufacturing Co., Inc., starting his journey back in 1979. He worked his way up the ranks from an Outside Sales Representative and has held various important roles,...
Phillip "Terry" Kingsfather, born in 1947, has been a key player in Simpson Manufacturing Co., Inc., starting his journey back in 1979. He worked his way up the ranks from an Outside Sales Representative and has held various important roles, becoming the President and CEO of Simpson Strong-Tie Company, Inc., a subsidiary of Simpson Manufacturing. Kingsfather is known for his long tenure and deep understanding of the structural materials industry. Throughout his career, he has actively contributed to the launch and success of product lines like the Anchor Systems. His strategic approach led to significant revenue in cash bonuses, notably earning $3.05 million in total compensation during 2014. Kingsfather's financial strategies and leadership have kept Simpson Manufacturing on a growth path as he navigated it through changing market conditions, showcasing his ability to keep the company relevant. Interestingly, in recent years, he has shown a keen interest in selling shares of Simpson Manufacturing, with several hundreds of thousands of dollars in insider trades, indicating a confident belief in the company's future while managing his personal investments.