Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Appointment of Michael Olosky as Chief Operating Officer

On October 13, 2020, Simpson Manufacturing Co, Inc. (the "Company" or "Simpson") announced that Michael Olosky, age 52, will join the Company, effective November 30, 2020, as Chief Operating Officer.

Before joining Simpson, Mr. Olosky served in numerous leadership positions, over 22 years, at Henkel, a values-based chemical and consumer goods company. In his last role at Henkel, from July 2019 to November 2020 he served as Head of Industrials & Electronics. He previously served as the Head of Electronics from May 2017 to July 2019 and Head of Innovation from April 2013 to May 2017. Mr. Olosky has a BS in Mechanical Engineering from Michigan Technological University, an MBA from Michigan State University, and an MS in Mechanical Engineering from Oakland University.

In connection with Mr. Olosky's appointment as Chief Operating Officer, the Company and Mr. Olosky entered into an offer letter, dated July 20, 2020, which provides for, among other things: (i) annual base salary of $620,000; (ii) target annual Cash Profit Sharing (CPS) bonus opportunity of $465,000 per year (earned from 0% to 200% of target); (iii) target long-term incentive award opportunity of $715,000 for the 2021 grant in the form of target performance stock units (PSUs) (earned from 0% to 200% of target) and restricted stock units (RSUs); (iv) customary employee benefits and fringe benefits on the same basis as other senior executives of the Company; and (v) customary and non-recurring relocation costs including up to two years of temporary housing assistance of up to $5,000 per month, and up to two years of travel expenses to commute from Southern California to Northern California.

Item 8.01 Other Events

On October 13, 2020, the Company issued a press release related to Mr. Olosky's appointment. A copy of the press release is attached as Exhibit 99.1 and incorporated by reference into this Form 8-K.




Item 9.01 Financial Statements and Exhibits.
(d) Exhibits

Exhibit No.                                Description

   99.1          Press Release, dated October 13, 2020, issued by Simpson
               Manufacturing Co., Inc.
    104        Cover Page Interactive Data File (embedded within the Inline XBRL
               document)

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