Stock Information
NASDAQ: FAST
$51.72   + 0.56
Mar 22, 2017
4:00 PM ET

Nasdaq 100
Fastenal - Part of the 100 largest non-financial companies listed on NASDAQ

Committee Composition

Chair of the Board = Chair of the Board Committee Chair = Chair Committee Member = Member Independent Director = Independent Director
  Audit Compensation Nominating
Willard D. Oberton Chairman of the Board      
Willard Oberton Chairman of the Board

Mr. Willard D. Oberton has served as chairman of the board since April 2014. He also served as the company's chief executive officer from December 2002 through December 2014, when he retired from that position, and again on an interim basis from July 2015 through December 2015. He began his business career with Fastenal in January 1980, and was promoted to branch manager, then district manager, and later to general operations manager. He served as our vice president from March 1997 through June 2000, as our executive vice president from June 2000 through July 2001, as our chief operating officer from March 1997 through December 2002, and as our president from July 2001 through July 2012 and again on an interim basis from July 2015 through December 2015. Mr. Oberton's professional career grew from within Fastenal as he successfully worked, managed, and provided leadership to most of the departments and disciplines integral to the company's growth and financial success. Mr. Oberton's varied experience with the company, including his long tenure as chief executive officer, gives the board unique insight into the company's 'success drivers' and provides continuity to Mr. Florness in the development and execution of the company's strategy. In addition, Mr. Oberton serves on the board of directors of publicly-held Donaldson Company, which gives him useful insight into another organization's corporate governance, compensation planning, and strategic development. Also, he serves on the board of WinCraft, Inc., a privately-held company involved in manufacturing and distributing promotional marketing merchandise, which are important disciplines helpful to Fastenal. Additionally, he has served on the boards of various community and educational organizations, including the board of trustees of St. Benedict's College, St. Joseph, Minnesota.

Mr. Oberton has been a director of Fastenal since 1999.


Daniel L. Johnson Independent Director Member of Audit Committee    
Michael J. Ancius Independent Director   Member of Compensation Committee Committee Chair for Nominating Committee
Michael J. Dolan Independent Director Committee Chair for Audit Committee Committee Chair for Compensation Committee Member of Nominating Committee
Stephen L. Eastman Independent Director Member of Audit Committee   Member of Nominating Committee
Daniel L. Florness      
Rita J. Heise Independent Director   Member of Compensation Committee  
Darren R. Jackson Independent Director Member of Audit Committee    
Scott A. Satterlee Independent Director   Member of Compensation Committee  
Reyne K. Wisecup