Fastenal Company's CEO Salary
- Daniel L. Florness Chief Executive Officer at Fastenal Company, received a total compensation of $1.70 M in 2024.
- Jeffery M. Watts President and Chief Sales Officer at Fastenal Company, received a total compensation of $1.07 M in 2024.
- Charles S. Miller Senior Executive Vice President - Sales at Fastenal Company, received a total compensation of $847.67 K in 2024.
- Holden Lewis Senior Executive Vice President and Chief Financial Officer at Fastenal Company, received a total compensation of $790.67 K in 2024.
- William J. Drazkowski Executive Vice President - Sales at Fastenal Company, received a total compensation of $731.67 K in 2024.
Fastenal Company's CEO salary and other executives compensation in 2024 was as follows:
Executive Compensation Summary Table
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Daniel L. Florness Chief Executive Officer | $1.70 M | $3.12 M | - |
| Base Salary | $750.00 K | $750.00 K | - |
| Incentive Plan Compensation | $75.25 K | $1.52 M | - |
| All Other Compensation | $2.75 K | $3.22 K | - |
| Stock Award | - | - | - |
| Jeffery M. Watts President and Chief Sales Officer | $1.07 M | $1.47 M | $1.69 M |
| Base Salary | $516.09 K | $451.50 K | $358.63 K |
| Incentive Plan Compensation | $60.75 K | $749.72 K | $1.17 M |
| All Other Compensation | - | - | - |
| Stock Award | - | - | - |
| Charles S. Miller Senior Executive Vice President - Sales | $847.67 K | $1.60 M | $2.29 M |
| Base Salary | $450.00 K | $430.01 K | $430.01 K |
| Incentive Plan Compensation | $60.17 K | $852.81 K | $1.67 M |
| All Other Compensation | $2.75 K | $3.22 K | $3.31 K |
| Stock Award | - | - | - |
| Holden Lewis Senior Executive Vice President and Chief Financial Officer | $790.67 K | $1.45 M | $2.20 M |
| Base Salary | $430.00 K | $430.00 K | $430.00 K |
| Incentive Plan Compensation | $64.70 K | $728.35 K | $1.62 M |
| All Other Compensation | $2.75 K | $3.22 K | $3.31 K |
| Stock Award | - | - | - |
| William J. Drazkowski Executive Vice President - Sales | $731.67 K | $1.13 M | $2.06 M |
| Base Salary | $390.00 K | $370.00 K | $370.00 K |
| Incentive Plan Compensation | $48.80 K | $486.58 K | $1.53 M |
| All Other Compensation | $2.75 K | $3.22 K | $3.31 K |
| Stock Award | - | - | - |
| Daniel L. Florness President and Chief Executive Officer | - | $3.12 M | $5.44 M |
| Base Salary | - | $750.00 K | $750.00 K |
| Incentive Plan Compensation | - | $1.52 M | $4.07 M |
| All Other Compensation | - | $3.22 K | $3.31 K |
| Stock Award | - | - | - |
| Terry M. Owen Former Chief Operating Officer | - | $1.50 M | $3.05 M |
| Base Salary | - | $432.06 K | $500.00 K |
| Incentive Plan Compensation | - | $703.33 K | $2.33 M |
| All Other Compensation | - | - | $3.31 K |
| Stock Award | - | - | - |
| Jeffery M. Watts Chief Sales Officer | - | $1.47 M | $1.69 M |
| Base Salary | - | $451.50 K | $358.63 K |
| Incentive Plan Compensation | - | $749.72 K | $1.17 M |
| All Other Compensation | - | - | - |
| Stock Award | - | - | - |
| John L. Soderberg Senior Executive Vice President - Information Technology | - | $1.23 M | $2.02 M |
| Base Salary | - | $400.01 K | $380.00 K |
| Incentive Plan Compensation | - | $613.00 K | $1.51 M |
| All Other Compensation | - | $3.22 K | $3.31 K |
| Stock Award | - | - | - |
| Terry M. Owen Senior Executive Vice President - Sales Operations | - | - | $3.05 M |
| Base Salary | - | - | $500.00 K |
| Incentive Plan Compensation | - | - | $2.33 M |
| All Other Compensation | - | - | $3.31 K |
| Stock Award | - | - | - |
| Reyne K. Wisecup Senior Executive Vice President - Human Resources | - | - | $2.10 M |
| Base Salary | - | - | $450.01 K |
| Incentive Plan Compensation | - | - | $1.51 M |
| All Other Compensation | - | - | - |
| Stock Award | - | - | - |
