Daniel Florness is Chief Executive Officer of Fastenal Co (FAST). The company reported total compensation of $4,183,328 for fiscal year 2025.
| Salary | $750,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $0 |
| Option awards | $861,387 |
| Non-equity incentive plan | $2,569,000 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $2,941 |
| Total | $4,183,328 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Fastenal Co filed February 25, 2026, accession 0000815556-26-000017.
| Peer-group chief executive median | $8,705,182 |
|---|---|
| Difference from that median | $-4,521,854 |
| Percentile within the disclosed peer group | 1st |
| Peers with a disclosed figure | 10 |
Medians and percentiles are computed across the peer group Fastenal Co discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Daniel Florness this page | Chief Executive Officer | $4,183,328 |
| Jeffery Watts | President and Chief Sales Officer | $3,093,803 |
| Charles Miller | Senior Executive Vice President - Sales | $1,917,737 |
| John Soderberg | Senior Executive Vice President - Information Technology | $1,578,649 |
| Sheryl Lisowski | Executive Vice President - Chief Accounting Officer and Treasurer | $1,460,780 |
| Holden Lewis | Former Senior Executive Vice President and Chief Financial Officer | $504,309 |
| Max Tunnicliff | Senior Executive Vice President and Chief Financial Officer | $466,403 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Fastenal Co compensation brief.
Daniel Florness's compensation sits inside Fastenal Co's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.