Fastenal Company's CEO Salary

Fastenal Company's CEO salary and other executives compensation in 2025 was as follows:

Daniel L. Florness Chief Executive Officer at Fastenal Company, received a total compensation of $4.18 M in 2025.
Jeffery M. Watts President and Chief Sales Officer at Fastenal Company, received a total compensation of $3.09 M in 2025.
Charles S. Miller Senior Executive Vice President - Sales at Fastenal Company, received a total compensation of $1.92 M in 2025.
John L. Soderberg Senior Executive Vice President - Information Technology at Fastenal Company, received a total compensation of $1.58 M in 2025.
Sheryl A. Lisowski Executive Vice President - Chief Accounting Officer and Treasurer at Fastenal Company, received a total compensation of $1.46 M in 2025.
Holden Lewis Former Senior Executive Vice President and Chief Financial Officer at Fastenal Company, received a total compensation of $504.31 K in 2025.
Max H. Tunnicliff Senior Executive Vice President and Chief Financial Officer at Fastenal Company, received a total compensation of $466.40 K in 2025.

CEO/ Executive salary tells one part of the story. Explore Employee Count Trend, Revenue per Employee, and Profit per Employee to understand workforce scale, and employee productivity.

Daniel L. Florness Chief Executive Officer

Per Year
Per Month
Per Week
Per Day

Daniel L. Florness Chief Executive Officer, at Fastenal Company, received $750.00 K in base salary, - in stock award, and $2.94 K in other compensation, making $4.18 M in total compensation in 2025.

The total compensation was +146.67% up from the previous year, 2024.

Jeffery M. Watts President and Chief Sales Officer

Per Year
Per Month
Per Week
Per Day

Jeffery M. Watts President and Chief Sales Officer, at Fastenal Company, received $535.66 K in base salary, - in stock award, and - in other compensation, making $3.09 M in total compensation in 2025.

The total compensation was +188.39% up from the previous year, 2024.

Charles S. Miller Senior Executive Vice President - Sales

Per Year
Per Month
Per Week
Per Day

Charles S. Miller Senior Executive Vice President - Sales, at Fastenal Company, received $450.00 K in base salary, - in stock award, and $2.94 K in other compensation, making $1.92 M in total compensation in 2025.

The total compensation was +126.24% up from the previous year, 2024.

John L. Soderberg Senior Executive Vice President - Information Technology

Per Year
Per Month
Per Week
Per Day

John L. Soderberg Senior Executive Vice President - Information Technology, at Fastenal Company, received $400.01 K in base salary, - in stock award, and $2.94 K in other compensation, making $1.58 M in total compensation in 2025.

The total compensation was +133.57% up from the previous year, 2024.

Sheryl A. Lisowski Executive Vice President - Chief Accounting Officer and Treasurer

Per Year
Per Month
Per Week
Per Day

Sheryl A. Lisowski Executive Vice President - Chief Accounting Officer and Treasurer, at Fastenal Company, received $404.55 K in base salary, - in stock award, and $2.94 K in other compensation, making $1.46 M in total compensation in 2025.

The total compensation was +162.80% up from the previous year, 2024.

Holden Lewis Former Senior Executive Vice President and Chief Financial Officer

Per Year
Per Month
Per Week
Per Day

Holden Lewis Former Senior Executive Vice President and Chief Financial Officer, at Fastenal Company, received $129.53 K in base salary, - in stock award, and - in other compensation, making $504.31 K in total compensation in 2025.

The total compensation was -36.22% down from the previous year, 2024.

Max H. Tunnicliff Senior Executive Vice President and Chief Financial Officer

Per Year
Per Month
Per Week
Per Day

Max H. Tunnicliff Senior Executive Vice President and Chief Financial Officer, at Fastenal Company, received $62.71 K in base salary, - in stock award, and - in other compensation, making $466.40 K in total compensation in 2025.

Executive	2025	2024	2023
Daniel L. Florness Chief Executive Officer	$4.18 M	••••••••	••••••••
Base Salary	$750.00 K	••••••••	••••••••
Incentive Plan Compensation	$2.57 M	••••••••	••••••••
All Other Compensation	$2.94 K	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Jeffery M. Watts President and Chief Sales Officer	$3.09 M	••••••••	••••••••
Base Salary	$535.66 K	••••••••	••••••••
Incentive Plan Compensation	$1.82 M	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Charles S. Miller Senior Executive Vice President - Sales	$1.92 M	••••••••	••••••••
Base Salary	$450.00 K	••••••••	••••••••
Incentive Plan Compensation	$1.13 M	••••••••	••••••••
All Other Compensation	$2.94 K	••••••••	••••••••
Stock Award	-	••••••••	••••••••
John L. Soderberg Senior Executive Vice President - Information Technology	$1.58 M	••••••••	••••••••
Base Salary	$400.01 K	••••••••	••••••••
Incentive Plan Compensation	$954.20 K	••••••••	••••••••
All Other Compensation	$2.94 K	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Sheryl A. Lisowski Executive Vice President - Chief Accounting Officer and Treasurer	$1.46 M	••••••••	••••••••
Base Salary	$404.55 K	••••••••	••••••••
Incentive Plan Compensation	$876.09 K	••••••••	••••••••
All Other Compensation	$2.94 K	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Holden Lewis Former Senior Executive Vice President and Chief Financial Officer	$504.31 K	••••••••	••••••••
Base Salary	$129.53 K	••••••••	••••••••
Incentive Plan Compensation	$83.77 K	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Max H. Tunnicliff Senior Executive Vice President and Chief Financial Officer	$466.40 K	••••••••	••••••••
Base Salary	$62.71 K	••••••••	••••••••
Incentive Plan Compensation	$178.70 K	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Holden Lewis Senior Executive Vice President and Chief Financial Officer	-	••••••••	••••••••
Base Salary	-	••••••••	••••••••
Incentive Plan Compensation	-	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••
William J. Drazkowski Executive Vice President - Sales	-	••••••••	••••••••
Base Salary	-	••••••••	••••••••
Incentive Plan Compensation	-	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Daniel L. Florness President and Chief Executive Officer	-	••••••••	••••••••
Base Salary	-	••••••••	••••••••
Incentive Plan Compensation	-	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Terry M. Owen Former Chief Operating Officer	-	••••••••	••••••••
Base Salary	-	••••••••	••••••••
Incentive Plan Compensation	-	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••
Jeffery M. Watts Chief Sales Officer	-	••••••••	••••••••
Base Salary	-	••••••••	••••••••
Incentive Plan Compensation	-	••••••••	••••••••
All Other Compensation	-	••••••••	••••••••
Stock Award	-	••••••••	••••••••

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Fastenal Company's CEO Salary

Daniel L. Florness Chief Executive Officer

Jeffery M. Watts President and Chief Sales Officer

Charles S. Miller Senior Executive Vice President - Sales

John L. Soderberg Senior Executive Vice President - Information Technology

Sheryl A. Lisowski Executive Vice President - Chief Accounting Officer and Treasurer

Holden Lewis Former Senior Executive Vice President and Chief Financial Officer

Max H. Tunnicliff Senior Executive Vice President and Chief Financial Officer

Executive Compensation Summary Table

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