Simpson Strong-Tie CEO Karen Colonias to Retire After 38 Years in Management and Executive Leadership
Colonias is to be succeeded by current Simpson Strong-Tie Chief Operating Officer Michael Olosky as part of a planned succession and will remain as an advisor during the transition
Simpson Strong-Tie has announced that Karen Colonias will step down from her position as Chief Executive Officer, effective Dec. 31.
As part of a planned succession, Colonias will continue in her role as CEO through the end of the year, and then will remain employed as an executive advisor to assist with the transition until her retirement becomes official on June 30, 2023. Colonias will also continue to serve as a member of the board of directors for Simpson Strong-Tie parent company Simpson Manufacturing Co., Inc., until the company’s 2023 annual meeting of stockholders.