Fastenal Company has appointed Jeff Watts, a 28-year Company veteran with deep global sales experience, to the position of President, effective August 1, 2024. Mr. Watts will assume the President role from Dan Florness, who will be voluntarily vacating the President position on the effective date. Mr. Florness will continue to serve as Fastenal's CEO and as a member of its Board of Directors.

In addition to serving as President, Mr. Watts will continue in his role as the Company's Chief Sales Officer (CSO), a position he has held since May 2023. As CSO, his responsibilities include establishing priorities, setting goals, and providing guidance and oversight for the Company's global sales activities, which span 25 countries. Mr. Watts brings decades of sales experience to both roles, having previously served as Fastenal's Executive Vice President ?

International Sales, Vice President ? International Sales, and Regional Vice President of the Company's Canadian business. Prior to this, he served in a variety of sales roles on the district and local market levels, giving him a direct understanding of what's important to customers and to employees around the world.

He joined the Company (as a part-time branch employee) on February 5, 1996.