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Simpson Manufacturing Co., Inc. (SSD) designs, manufactures, and sells high-quality building construction products. The company specializes in engineered load-rated construction systems and solutions, focusing on wood and concrete construction materials. SSD operates across North America, Europe, and Asia/Pacific, serving residential, commercial, and industrial markets with innovative and cost-effective products.
- Wood Construction Products - Offers a wide range of engineered connectors, fasteners, and systems designed to enhance the strength and safety of wood-based construction projects.
- Concrete Construction Products - Provides anchoring systems, adhesives, and other solutions tailored for concrete construction applications, ensuring durability and performance.
- Other Products - Includes specialized items that complement the company's core offerings, catering to niche construction needs.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Cassandra Payton Executive | Executive Vice President, General Counsel | None | Joined SSD in August 2021 as Assistant General Counsel, promoted to EVP, General Counsel in December 2023. Oversees legal and regulatory matters. | |
Jennifer Lutz Executive | Executive Vice President, Human Resources | None | Joined SSD in 2013 as Director of HR, promoted to EVP in January 2023. Oversees HR strategy, recruitment, and organizational development. | |
Jeremy Gilstrap Executive | Executive Vice President, Innovation | None | Joined SSD in 2001, promoted to EVP, Innovation in January 2023. Oversees global product development, marketing, and engineering. | |
Matt Dunn Executive | Chief Financial Officer and Treasurer | None | Joined SSD in June 2024 as SVP of Finance, promoted to CFO and Treasurer in January 2025. Previously held senior finance roles at Helen of Troy, Procter & Gamble, and Kimberly-Clark. | |
Michael Andersen Executive | Executive Vice President, Europe | None | Joined SSD in 2005, promoted to EVP, Europe in January 2023. Oversees European operations, including ETANCO Group subsidiaries. | |
Michael Olosky Executive | President and CEO | None | Joined SSD in 2020 as COO, became President and CEO in January 2023. Previously held leadership roles at Henkel. Instrumental in defining SSD's growth strategy and operational excellence. | View Report → |
Phil Burton Executive | Executive Vice President, North America | None | Joined SSD in 1994, promoted to EVP, North America in January 2023. Previously managed the McKinney, Texas branch for nearly two decades. | |
Roger Dankel Executive | Executive Vice President, North American Sales | None | Joined SSD in 1993, announced retirement effective June 2025 but remains EVP, North American Sales until December 2024. | |
Angela Drake Board | Board Member | CFO at The Toro Company; Board Member at First Bank & Trust Company | Joined SSD's board in January 2025. Brings nearly 30 years of financial and business management experience. | |
Celeste Volz Ford Board | Board Member | Managing Partner at Stellar Ventures; Board Member at CHG Group and IRIS Automation; Trustee at University of Notre Dame | Joined SSD's board in 2014. Founder of Stellar Solutions and Stellar Ventures. Brings expertise in aerospace, technology, and venture capital. | |
Chau Banks Board | Board Member | Chief Information and Data Officer at The Clorox Company; Board Member at NextUp | Joined SSD's board in June 2023. Brings expertise in IT, digital transformation, and data analytics. | |
Felica Coney Board | Board Member | Vice President, Global Server Operations at Google; Member of NC A&T Engineering Advisory Board; Member of Albert Lepage Center for DEI | Joined SSD's board in June 2023. Brings extensive experience in operations, supply chain, and environmental, health, and safety. | |
Gary M. Cusumano Board | Board Member | Director of Forest Lawn Memorial Park | Joined SSD's board in 2007. Brings expertise in real estate development, leadership, and corporate governance. | |
Kenneth Knight Board | Board Member | CEO of Invitae Corporation; Member of Georgia Tech President’s Advisory Board | Joined SSD's board in 2021. Brings expertise in industrial manufacturing, operations, and strategic growth. | |
Philip E. Donaldson Board | Board Member | EVP & CFO at Andersen Corporation; Chair of HealthPartners, Inc.; Former Chair of Window and Door Manufacturer’s Association | Joined SSD's board in 2018. Brings expertise in financial management, capital markets, and acquisitions. | |
Robin G. MacGillivray Board | Board Member | ICEO Peer Advisor and Leadership Development Coach at Lee Hecht Harrison | Joined SSD's board in 2004. Brings expertise in mergers and acquisitions, corporate culture, and leadership development from her career at AT&T. |
- Given the revision of your operating margin guidance to 19%-19.5%, below your previous expectations, can you elaborate on the specific factors contributing to this decrease and what concrete steps you're taking to enhance profitability in the near term?
- With European margins under pressure despite efforts on defensive synergies and rightsizing, when do you anticipate seeing a meaningful improvement in Europe, and what actions are you implementing to achieve your midterm target of a 15% operating income margin?
- Considering the elevated finished goods inventory levels, what are the underlying reasons for this buildup, and how do you plan to reduce inventory without compromising your high service levels?
- You mentioned balancing growth-focused investments with cost control in a challenging housing market; can you detail how you're adjusting your investment strategy, and whether this includes reconsidering or reducing planned capital expenditures like facility expansions?
- In light of the recent hurricanes impacting your sales in the Southeast region, have you quantified the expected impact on your Q4 revenues and operating income, and what measures are you taking to mitigate these disruptions and sustain momentum in those markets?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
QuickFrames USA, LLC | 2024 | The acquisition, completed on September 1, 2024 , added a manufacturer of pre-engineered structural support systems to expand the commercial construction portfolio, expected to boost revenue to less than $10 million in Q4 2024 while saving engineering and installation time. |
Monet DeSauw Inc. & Callaway Properties, LLC | 2024 | Completed on August 1, 2024 , this deal expanded offerings in the truss industry with a total consideration of approximately $59.0 million (netting about $48.5 million after adjustments) while introducing proprietary saw interface software and complementary manufacturing capabilities. |
Calculated Structured Designs, Inc. (CSD) | 2024 | Finalized on June 1, 2024 , the acquisition of this software development firm integrated its engineered wood product design tools into the digital solutions platform, enabling seamless design integration for truss, wall panel, and floor design without disclosing specific financial terms. |
ETANCO Group | 2022 | Completed on April 1, 2022 , the acquisition for $805.4 million broadened the product portfolio into mechanical anchors and building envelope solutions in Europe, with expected operating income synergies of about $30 million per year achieved through enhanced market integration and procurement optimization. |
No recent press releases or 8-K filings found for SSD.