Michael  Andersen net worth and biography

Michael Andersen Biography and Net Worth

Mr. Andersen has served as the Executive Vice President, Europe since January 2023. Mr. Andersen joined Simpson Manufacturing’s subsidiary, Simpson Strong-Tie A/S (Denmark) in 2005 as Controller. In 2007 he was promoted to Regional Controller ICI Concrete working at our Home office in Pleasanton, CA. Mr. Andersen moved to Switzerland in 2012 as General Manager for our then newly acquired subsidiary S&P Clever Reinforcement Company AG. In 2018, Mr. Andersen was promoted to Vice President, European Operations of Simpson Strong-Tie Switzerland GmbH. In his current role, Mr. Andersen oversees all aspects of the European business including our Simpson Strong-Tie and ETANCO Group subsidiaries. Mr. Andersen holds a degree in Business Economics from Aalborg University.

What is Michael Andersen's net worth?

The estimated net worth of Michael Andersen is at least $1.31 million as of May 4th, 2023. Mr. Andersen owns 7,573 shares of Simpson Manufacturing stock worth more than $1,314,749 as of April 28th. This net worth estimate does not reflect any other assets that Mr. Andersen may own. Additionally, Mr. Andersen receives an annual salary of $890,370.00 as EVP at Simpson Manufacturing. Learn More about Michael Andersen's net worth.

How old is Michael Andersen?

Mr. Andersen is currently 47 years old. There are 6 older executives and no younger executives at Simpson Manufacturing. The oldest executive at Simpson Manufacturing is Mr. Phillip Burton, Executive Vice President of North America - Simpson Strong-Tie Company Inc, who is 61 years old. Learn More on Michael Andersen's age.

What is Michael Andersen's salary?

As the EVP of Simpson Manufacturing Co., Inc., Mr. Andersen earns $890,370.00 per year. There are 4 executives that earn more than Mr. Andersen. The highest earning executive at Simpson Manufacturing is Mr. Michael L. Olosky, CEO, President & Director, who commands a salary of $2,320,000.00 per year. Learn More on Michael Andersen's salary.

How do I contact Michael Andersen?

The corporate mailing address for Mr. Andersen and other Simpson Manufacturing executives is 5956 W. Las Positas Blvd, Pleasanton CA, 94588. Simpson Manufacturing can also be reached via phone at (925) 560-9000 and via email at [email protected]. Learn More on Michael Andersen's contact information.

Has Michael Andersen been buying or selling shares of Simpson Manufacturing?

Michael Andersen has not been actively trading shares of Simpson Manufacturing in the last ninety days. Most recently, Michael Andersen sold 4,000 shares of the business's stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $122.94, for a transaction totalling $491,760.00. Following the completion of the sale, the executive vice president now directly owns 7,573 shares of the company's stock, valued at $931,024.62. Learn More on Michael Andersen's trading history.

Who are Simpson Manufacturing's active insiders?

Simpson Manufacturing's insider roster includes Michael Andersen (EVP), James Andrasick (Director), Michael Bless (Director), Jennifer Chatman (Director), Karen Colonias (CEO), Roger Dankel (Insider), Philip Donaldson (Director), Robin MacGillivray (Director), Brian Magstadt (CFO), Michael Olosky (COO), and Kevin Swartzendruber (VP). Learn More on Simpson Manufacturing's active insiders.

Are insiders buying or selling shares of Simpson Manufacturing?

During the last twelve months, insiders at the construction company sold shares 13 times. They sold a total of 23,332 shares worth more than $3,519,924.37. The most recent insider tranaction occured on March, 20th when EVP Roger Dankel sold 850 shares worth more than $168,368.00. Insiders at Simpson Manufacturing own 0.4% of the company. Learn More about insider trades at Simpson Manufacturing.

Information on this page was last updated on 3/20/2024.

Michael Andersen Insider Trading History at Simpson Manufacturing

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/4/2023Sell4,000$122.94$491,760.007,573View SEC Filing Icon  
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Michael Andersen Buying and Selling Activity at Simpson Manufacturing

This chart shows Michael Andersen's buying and selling at Simpson Manufacturing by year and by quarter.

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Simpson Manufacturing Company Overview

Simpson Manufacturing logo
Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, manufactures, and sells structural solutions for wood, concrete, and steel connections. The company offers wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and pre-fabricated lateral systems for use in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber-reinforced materials, and other repair products for use in concrete, masonry, and steel construction, as well as grouts, coatings, sealers, mortars, fiberglass and fiber-reinforced polymer systems, and asphalt products for use in concrete construction repair, and strengthening and protection products. It also provides connectors and lateral products for wood framing, timber and offsite construction, structural steel construction, and cold-formed steel applications; and mechanical and adhesive anchors for concrete and masonry construction applications. In addition, the company offers engineering and design services, as well as software solutions that facilitate the specification, selection, and use of its products. It markets its products to the residential construction, light industrial and commercial construction, infrastructure construction, remodeling, and do-it-yourself markets in the United States, Canada, France, the United Kingdom, Germany, Denmark, Switzerland, Portugal, Poland, the Netherlands, Belgium, Spain, Italy, Romania, Sweden, Norway, Australia, New Zealand, China, Taiwan, and Vietnam. The company was founded in 1956 and is headquartered in Pleasanton, California.
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Today's Range

Now: $173.61
Low: $170.23
High: $175.98

50 Day Range

MA: $195.70
Low: $169.28
High: $214.73

2 Week Range

Now: $173.61
Low: $117.08
High: $218.38

Volume

549,928 shs

Average Volume

343,710 shs

Market Capitalization

$7.37 billion

P/E Ratio

21.76

Dividend Yield

0.62%

Beta

1.3