August 5, 2003
Dublin, CA -- Simpson Manufacturing Co., Inc. (NYSE: SSD) (the "Company") announced today that Donald M. Townsend, Chief Executive Officer of its subsidiary, Simpson Dura-Vent Company, Inc., has announced his intention to retire. The timing of his retirement has not been determined, but Mr. Townsend has indicated that he will be involved in transitioning a successor into his role. The Company thanks Mr. Townsend for his outstanding contributions during his more than 20 years of service.
Simpson Manufacturing Co., Inc., headquartered in Dublin, California, through its subsidiary, Simpson Strong-Tie Company Inc., designs, engineers and is a leading manufacturer of wood-to-wood, wood-to-concrete and wood-to-masonry connectors, and through its subsidiary, Simpson Dura-Vent Company, Inc., designs, engineers and manufactures venting systems for gas and wood burning appliances. The Company's common stock trades on the New York Stock Exchange under the symbol "SSD."