Fastenal Company's CEO Salary
- 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 at Fastenal Company, received a total compensation of $466.40 K in 2025.
Fastenal Company's CEO salary and other executives compensation in 2025 was as follows:
Executive Compensation Summary Table
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Daniel L. Florness Chief Executive Officer | $4.18 M | $1.70 M | $3.12 M |
| Base Salary | $750.00 K | $750.00 K | $750.00 K |
| Incentive Plan Compensation | $2.57 M | $75.25 K | $1.52 M |
| All Other Compensation | $2.94 K | $2.75 K | $3.22 K |
| Stock Award | - | - | - |
| Jeffery M. Watts President and Chief Sales Officer | $3.09 M | $1.07 M | $1.47 M |
| Base Salary | $535.66 K | $516.09 K | $451.50 K |
| Incentive Plan Compensation | $1.82 M | $60.75 K | $749.72 K |
| All Other Compensation | - | - | - |
| Stock Award | - | - | - |
| Charles S. Miller Senior Executive Vice President - Sales | $1.92 M | $847.67 K | $1.60 M |
| Base Salary | $450.00 K | $450.00 K | $430.01 K |
| Incentive Plan Compensation | $1.13 M | $60.17 K | $852.81 K |
| All Other Compensation | $2.94 K | $2.75 K | $3.22 K |
| Stock Award | - | - | - |
| John L. Soderberg Senior Executive Vice President - Information Technology | $1.58 M | $675.88 K | $1.23 M |
| Base Salary | $400.01 K | $400.01 K | $400.01 K |
| Incentive Plan Compensation | $954.20 K | $49.95 K | $613.00 K |
| All Other Compensation | $2.94 K | $2.75 K | $3.22 K |
| Stock Award | - | - | - |
| Sheryl A. Lisowski Executive Vice President - Chief Accounting Officer and Treasurer | $1.46 M | $555.85 K | $1.00 M |
| Base Salary | $404.55 K | $320.00 K | $320.00 K |
| Incentive Plan Compensation | $876.09 K | $54.55 K | $507.23 K |
| All Other Compensation | $2.94 K | $2.75 K | $3.22 K |
| Stock Award | - | - | - |
| Holden Lewis Former Senior Executive Vice President and Chief Financial Officer | $504.31 K | $790.67 K | $1.45 M |
| Base Salary | $129.53 K | $430.00 K | $430.00 K |
| Incentive Plan Compensation | $83.77 K | $64.70 K | $728.35 K |
| All Other Compensation | - | $2.75 K | $3.22 K |
| Stock Award | - | - | - |
| Max H. Tunnicliff | $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 | - | $790.67 K | $1.45 M |
| Base Salary | - | $430.00 K | $430.00 K |
| Incentive Plan Compensation | - | $64.70 K | $728.35 K |
| All Other Compensation | - | $2.75 K | $3.22 K |
| Stock Award | - | - | - |
| William J. Drazkowski Executive Vice President - Sales | - | $731.67 K | $1.13 M |
| Base Salary | - | $390.00 K | $370.00 K |
| Incentive Plan Compensation | - | $48.80 K | $486.58 K |
| All Other Compensation | - | $2.75 K | $3.22 K |
| Stock Award | - | - | - |
| Daniel L. Florness President and Chief Executive Officer | - | - | $3.12 M |
| Base Salary | - | - | $750.00 K |
| Incentive Plan Compensation | - | - | $1.52 M |
| All Other Compensation | - | - | $3.22 K |
| Stock Award | - | - | - |
| Terry M. Owen Former Chief Operating Officer | - | - | $1.50 M |
| Base Salary | - | - | $432.06 K |
| Incentive Plan Compensation | - | - | $703.33 K |
| All Other Compensation | - | - | - |
| Stock Award | - | - | - |
| Jeffery M. Watts Chief Sales Officer | - | - | $1.47 M |
| Base Salary | - | - | $451.50 K |
| Incentive Plan Compensation | - | - | $749.72 K |
| All Other Compensation | - | - | - |
| Stock Award | - | - | - |
