Simpson Manufacturing names Matt Dunn CFO, effective January 1, 2025
Simpson Manufacturing Co. said Matt Dunn, its Senior Vice President of Finance since June 2024, will succeed Brian Magstadt as Chief Financial Officer and Treasurer effective January 1, 2025. Magstadt steps down as CFO on December 31, 2024, and remains an Executive Advisor until his retirement on June 30, 2025, which the filing says is meant to support the transition.
Key points
- Matt Dunn, age 45, becomes CFO and Treasurer effective January 1, 2025, succeeding Brian Magstadt.
- Dunn's offer letter, dated October 17, 2024, sets an annual base salary of $575,000 and a target annual Cash Profit Sharing bonus of $431,250.
- Dunn's target long-term incentive award for 2025 is $862,500, in performance stock units and restricted stock units, with PSUs earned from 0% to 200% of target.
- Magstadt's annual base salary as Executive Advisor is $568,218, and he retires June 30, 2025.
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.