Daniel L. Florness

2021

In 2021, Daniel L. Florness earned a total compensation of $2.4M as President and Chief Executive Officer at Fastenal Company, a 5% decrease compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$1,165,000
Option Awards$538,313
Salary$717,500
Other$2,801
Total$2,423,614

Florness received $1.2M in non-equity incentive plan, accounting for 48% of the total pay in 2021.

Florness also received $538.3K in option awards, $717.5K in salary and $2.8K in other compensation.

Rankings

In 2021, Daniel L. Florness' compensation ranked 5,271st out of 12,397 executives tracked by ExecPay. In other words, Florness earned more than 57.5% of executives.

ClassificationRankingPercentile
All
5,271
out of 12,397
58th
Division
Retail Trade
296
out of 680
57th
Major group
Building Materials, Hardware, Garden Supply, And Mobile Home Dealers
23
out of 38
40th

Pay ratio

Daniel L. Florness' Pay$2,423,614
Median Employee's Pay$40,843
Pay Ratio

59

to 1

In 2021, the annual total compensation of Daniel L. Florness was $2,423,614.

The annual total compensation of the median employee at Fastenal Company was $40,843.

The ratio of Daniel L. Florness' pay to the pay of median employee was therefore 59 to one.

Source: SEC filing on February 25, 2022.

Florness' colleagues

We found four more compensation records of executives who worked with Daniel L. Florness at Fastenal Company in 2021.

2021

Jeffery Watts

Fastenal Company

Executive Vice President - International Sales

2021

Terry Owen

Fastenal Company

Senior Executive Vice President - Sales Operations

2021

William Drazkowski

Fastenal Company

Executive Vice President - Sales

2021

Holden Lewis

Fastenal Company

Chief Financial Officer

News

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