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5-day change | 1st Jan Change | ||
| 47.73 USD | +0.85% |
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+10.18% | +18.94% |
| 05/02 | Baird Adjusts Fastenal Price Target to $51 From $49, Maintains Outperform Rating | MT |
| 23/01 | Thousands brave bitter cold to demand ICE leave Minneapolis | RE |
Published on 12/22/2025 at 06:41 pm IST - Modified on 12/22/2025 at 06:43 pm IST
Dec 22 (Reuters) - Fastenal said on Monday that CEO Daniel Florness will step down on July 16, 2026, and that company insider Jeffery Watts has been named as his successor, effective the same date.
(Reporting by Parth Chandna; Editing by Sahal Muhammed)
![Daniel Florness](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Presently, Daniel Lars Florness occupies the position of President, Chief Executive Officer & Director at Fastenal Co. Mr. Florness is also on the board of H.B. Fuller Co., Gundersen Lutheran Health System, Inc., PlastiComp, Inc. and Fastenal Europe Ltd. In his past career he occupied the position of Senior Manager at KPMG Peat Marwick LLP. He received an undergraduate degree from the University of Wisconsin.
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