Home · Industrials · FAST
Daniel Florness
President & CEO · Fastenal Company (FAST)
FY2024 Compensation
Total Compensation FY2024
$11.8M
As reported in 2025 DEF 14A proxy filing with the SEC
Compensation Breakdown
Base Salary
$900,000
8% of total
Stock Awards
$8.0M
68% of total
Bonus
$2.5M
21% of total
Other Compensation
$400,000
3% of total
About Daniel Florness
Daniel Florness has served as Fastenal's CEO since 2016, growing the industrial distributor's digital capabilities.
Data Source: Compensation figures are sourced from Fastenal Company's DEF 14A proxy statement filed with the U.S. Securities and Exchange Commission (SEC) via EDGAR. Figures reflect total compensation for FY2024 as reported in the Summary Compensation Table.