Simpson elects new chairman

10/29/2018
Pleasanton, Calif.-based Simpson Manufacturing announced an orderly transition that brings James S. Andrasick to the port of chairman, effective Jan. 1. He will replace Peter Louras, current chairman, who will remain on the board until Dec. 31.

Andrasick has been a member of the Board since 2012 and currently serves as chair of its Audit and Finance Committee and serves on its Nominating and Governance Committee and Corporate Strategy and Acquisitions Committee.

James Andrasick

The incoming chair thanked the outgoing chair for guidance and leadership. Andrasick added: "I am honored to serve as Simpson's new chairman. I look forward to helping the company build on its strong operating momentum and continue to execute against its longer term strategic and financial objectives.”

Andrasick previously served as the chairman of Matson Navigation Company's board until his retirement in 2009, and was its president and CEO from 2002 through 2008. Prior to his positions at Matson Navigation, he was the CFO of Alexander & Baldwin, Inc., the parent company of Matson Navigation, and was responsible for all business development activity. Prior to that, Andrasick was president of C. Brewer & Company, Ltd., a Honolulu-based international agribusiness and real estate development company. He recently served as a trustee and chair of the finance committee of Mills College and is presently a trustee of the U.S. Coast Guard Foundation and a trustee and the treasurer of the Big Sur Land Trust.

A statement from Louras reads: "It has been a great privilege to be a part of this exceptional company. Since I joined Simpson's board in 1999, the company has grown tremendously by strengthening its core business, diversifying its product offerings and expanding internationally. Simpson was founded on the core principles of providing both high quality products and exceptional customer service. Today, these values are as strong as ever, something I know would make our late founder, Barclay Simpson, extremely proud."
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