PLEASANTON, CA – Simpson Manufacturing Co., Inc. announced today that Tom Fitzmyers will be its new Chairman. Fitzmyers has been with the company since 1978 and has led the company in the role of CEO since the company went public in 1994. Fitzmyers will be moving into the role of Chairman as Barclay Simpson, who founded the company more than 50 years ago, moves to the position of Chairman Emeritus. Fitzmyers will assume responsibility for investor relations.
The company also announced that Karen Colonias will assume Fitzmyers’ role as President & CEO of Simpson Manufacturing Co., Inc. Colonias most recently held the position of CFO. In her 27-year history with the company she has held a number of positions including Engineering Manager, Vice President – Engineering, and VP & Branch Manager of one of the company’s largest profit centers. In her role as CFO, Colonias played a significant part in the development and execution of the company’s strategic business plans and directed the company’s acquisition efforts. In her new role, Colonias will lead the company as it continues its expansion beyond residential construction products into the commercial building products category.
Terry Kingsfather will continue in his role as President & CEO of Simpson Strong-Tie Company, Inc., the largest and most significant subsidiary of Simpson Manufacturing Co., Inc. Kingsfather, who has been with the company for 32 years and has held this role for the last five years, has successfully led the company through some of the most challenging times in the industry. Kingsfather will continue to lead the sales and marketing efforts for Simpson Strong-Tie as the company continues to place more emphasis on growing its product offering and brand name worldwide.
All new positions will be effective as of January 1, 2012.