| CEO Name | Daniel L. Florness |
| Nationality | United States |
| Net Worth Estimation | $50 million |
Daniel L. Florness, CEO of Fastenal Company, has an estimated net worth of around $50 million primarily due to his long tenure, executive compensation, and substantial stock ownership in the company. His wealth reflects cumulative salary, bonuses, stock awards, and appreciation in Fastenal's share value.
Daniel L. Florness, CEO of Fastenal Company, has an estimated net worth of $50,000,000, which is 500% higher than the maximum net worth estimation ($8,000,000) and 400% higher than the minimum estimation ($10,000,000) for CEOs in the wholesale business category. This substantial difference highlights his exceptional standing compared to industry peers.
Business Category: Wholesale
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000 USD
Daniel L. Florness Performance in Fastenal Company
Daniel L. Florness, CEO of Fastenal Company, demonstrates strategic leadership by driving data-informed decision-making processes that enhance operational efficiency and market expansion. His performance is marked by consistent revenue growth and innovation in supply chain solutions, reinforcing Fastenal's competitive edge. Under his leadership, the company has strengthened its industry position through focused investments in technology and workforce development, significantly boosting overall corporate performance.
Latest News
Fastenal Names Max Tunnicliff as New Chief Financial Officer
Fastenal Company appointed Max Tunnicliff as CFO and Senior Executive Vice President effective November 10, 2025. CEO Dan Florness leads the $52 billion industrial supplies firm, focusing on growth amid market challenges and tariff impacts[13].
Source: http://www.torque-expo.com/article/fastenal-appoints-max-tunnicliff-chief-financial-officer