FAST
Industrial Distribution · Industrials
Board Member
2025-04-24–present
Board Member
Fastenal Co (FAST)Board Member
Fuller H B Co (FUL)Equibles does not estimate personal net worth.
Get an email with a short summary when Fastenal Co publishes a filing, an earnings call transcript or a press release.
Get FAST alertsDaniel L. Florness is recorded as Board Member at Fastenal Co (FAST) since April 25, 2025 and Board Member at Fuller H B Co (FUL) since January 1, 2018. The newest filing on record that lists Daniel L. Florness as Board Member at Fuller H B Co (FUL) is dated February 19, 2020. Fastenal Co reported in an 8-K filed December 22, 2025 that Daniel L. Florness resigned as director of Fastenal's Board of Directors, effective July 16, 2026. Fastenal Co reported in an 8-K filed December 22, 2025 that Daniel L. Florness resigned as Chief Executive Officer, effective July 16, 2026. Fastenal Co reported in an 8-K filed April 25, 2025 that Daniel L. Florness was appointed Director. The proxy statement of Fastenal Co reports total compensation of $4,183,328 for Daniel L. Florness in fiscal 2025, including a base salary of $750,000. Disclosed compensation is on record for 9 fiscal years. Daniel L. Florness has spoken on 2 earnings calls and 1 other investor event across 1 company, most recently for Fastenal Co on July 13, 2026. Fastenal Co is classified in the Industrial Distribution industry within the Industrials sector. Fuller H B Co is classified in the Specialty Chemicals industry within the Basic Materials sector. Other leadership on record at Fastenal Co includes Jeffery M. Watts (CEO and Board Member), Scott A. Satterlee (Chairman and Board Member), Max H. Tunnicliff (CFO) and 7 others.
“(2) his decision to resign from the Board, effective as of the CEO Transition Date.”
“(1) Mr. Florness' decision to voluntarily step out of his role as Fastenal's CEO, effective July 16, 2026 (the 'CEO Transition Date')”
“My page is page 8 on the flipbook, so I'll touch on a few points as we go through that. From a market outlook perspective, the broader market conditions continue to improve, similar to in the first quarter.”
“And, you know, I'll tell you, I don't know, there were moments, and for what it's worth, 30 years ago when I started, I did have hair. But I did want to address one of the first questions I heard today, and I repeated the question to our team because I had the same question.”
“And we continue to improve our return metrics, which we believe reflect the strength and durability of our business model. that wraps up my section thank you and i'll turn it over to dan thanks max and good morning everybody and welcome to the our earnings call so i'm on page eight of the of the flip book and from a…”
2025-04-25–present
2018-01-01–present
Last confirmed February 19, 2020
2025-04-24–2026-07-16
Start not stated–2026-07-16
FAST
Industrial Distribution · Industrials
Board Member
2025-04-24–present
FUL
Specialty Chemicals · Basic Materials
Board Member
2018-01-01–present
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Fastenal Co (FAST) | Chief Executive Officer | $750,000 | $4,183,328 |
| 2024 | Fastenal Co (FAST) | Chief Executive Officer | $750,000 | $1,695,887 |
| 2023 | Fastenal Co (FAST) | Chief Executive Officer | $750,000 | $3,115,507 |
| 2022 | Fastenal Co (FAST) | Chief Executive Officer | $750,000 | $5,439,610 |
| 2021 | Fastenal Co (FAST) | President and Chief Executive Officer | $717,500 | $2,423,614 |
| 2020 | Fastenal Co (FAST) | President and Chief Executive Officer | $717,500 | $2,539,150 |
| 2019 | Fastenal Co (FAST) | President and Chief Executive Officer | $642,500 | $1,759,943 |
| 2018 | Fastenal Co (FAST) | President and Chief Executive Officer | $592,500 | $2,429,411 |
| 2017 | Fastenal Co (FAST) | President and Chief Executive Officer | $592,500 | $2,039,356 |