Simpson Manufacturing Co. CEO Karen Colonias' 2021 pay slips 20% to $3.9M
Simpson Manufacturing Co. reports 2021 executive compensation
By ExecPay News
Published: March 23, 2022
Simpson Manufacturing Co. reported fiscal year 2021 executive compensation information on March 23, 2022.
In 2021, six executives at Simpson Manufacturing Co. received on average a compensation package of $1.7M, a 13% decrease compared to previous year.
Average pay of disclosed executives at Simpson Manufacturing Co.
Karen Colonias, Chief Executive Officer, received $3.9M in total, which decreased by 20% compared to 2020. 41% of Colonias' compensation, or $1.6M, was in non-equity incentive plan. Colonias also received $824K in salary, $1.5M in stock awards, as well as $30K in other compensation.
For fiscal year 2021, the median employee pay was $62,385 at Simpson Manufacturing Co.. Therefore, the ratio of Karen Colonias' pay to the median employee pay was 63 to one.
Michael Olosky, Chief Operating Officer, received a compensation package of $2.1M. 44% of the compensation package, or $930K, was in non-equity incentive plan.
Brian J. Magstadt, Chief Financial Officer, earned $1.4M in 2021, a 13% decrease compared to previous year.
Roger Dankel, President of North American Sales of Company Inc, received $1.3M in 2021, which decreases by 12% compared to 2020.
Terry Hammons, General Counsel, earned $910K in 2021, a 19% decrease compared to previous year.
Kevin Swartzendruber, Senior Vice President, Finance, received $771K in 2021, which decreases by 9% compared to 2020.
Related executives
Karen Colonias
Simpson Manufacturing Co.
Chief Executive Officer
Brian Magstadt
Simpson Manufacturing Co.
Chief Financial Officer
Michael Olosky
Simpson Manufacturing Co.
Chief Operating Officer
Roger Dankel
Simpson Manufacturing Co.
President of North American Sales of Company Inc
Kevin Swartzendruber
Simpson Manufacturing Co.
Senior Vice President, Finance
Terry Hammons
Simpson Manufacturing Co.
General Counsel
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Source: SEC filing on March 23, 2022.