FAST - Fastenal Company

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Fastenal Company

2001 Theurer Boulevard
Winona, MN 55987
United States
507-454-5374
http://www.fastenal.com

SectorIndustrials
IndustryIndustrial Distribution
Full Time Employees21,182

Key Executives

NameTitlePayExercisedYear Born
Mr. Daniel L. FlornessPres, CEO & Director1.64MN/A1963
Mr. Holden LewisExec. VP & CFO819.49kN/A1969
Ms. Reyne K. WisecupSr. EVP of HR & Director42.5kN/A1963
Mr. Terry Modock OwenSr. Exec. VP of Sales Operations1.1M630.52k1968
Mr. Charles S. MillerExec. VP of Sales745kN/A1974
Amounts are as of December 31, 2017 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. As of December 31, 2017, the company distributed its products through a network of 2,383 company owned stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Corporate Governance

Fastenal Company’s ISS Governance QualityScore as of December 1, 2018 is 9. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 8; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.