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United States

People: Fastenal Co (FAST.OQ)

FAST.OQ on NASDAQ Stock Exchange Global Select Market

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Florness, Daniel 

Mr. Daniel L. Florness is President, Chief Executive Officer, Director of the Company. He began his career at Fastenal in 1996, and served as the company's chief financial officer from June 1996 to December 2002, and as an executive vice president and the chief financial officer of the company from December 2002 to December 2015. During his time as chief financial officer, Mr. Florness' experience with the company expanded beyond finance, including leadership of product development and procurement, a portion of our manufacturing division, and, in later years, our national accounts business. In his role as president and chief executive officer, Mr. Florness provides the board with critical input on the development and implementation of high level strategies for the company and on the overall operations and resources of the company. In addition, his long prior tenure as chief financial officer makes Mr. Florness uniquely situated to provide the board with in-depth insight into the company's financial planning, internal controls, and regulatory compliance. Mr. Florness also serves on the board of directors of H.B. Fuller, a publicly-held company in the global adhesives market, and is on the board of trustees of Gundersen Health System, an integrated health care system primarily located in Wisconsin, as well as Iowa and Minnesota. Additionally, he has served on the boards of various community organizations.

Basic Compensation

Total Annual Compensation, USD 2,016,250
Restricted Stock Awards, USD --
Long-Term Incentive Plans, USD --
All Other, USD 413,161
Fiscal Year Total, USD 2,429,410

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised 200,000 4,363,450.00
Name Fiscal Year Total

Willard Oberton

385,000

Daniel Florness

2,429,410

Holden Lewis

1,121,840

Reyne Wisecup

1,292,280

William Drazkowski

--

Leland Hein

977,992
As Of  30 Dec 2018