Daniel L. Florness

2020

In 2020, Daniel L. Florness earned a total compensation of $2.5M as President and Chief Executive Officer at Fastenal Company, a 44% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$1,335,000
Option Awards$483,864
Salary$717,500
Other$2,786
Total$2,539,150

Florness received $1.3M in non-equity incentive plan, accounting for 53% of the total pay in 2020.

Florness also received $483.9K in option awards, $717.5K in salary and $2.8K in other compensation.

Rankings

In 2020, Daniel L. Florness' compensation ranked 4,478th out of 13,090 executives tracked by ExecPay. In other words, Florness earned more than 65.8% of executives.

ClassificationRankingPercentile
All
4,478
out of 13,090
66th
Division
Retail Trade
271
out of 713
62nd
Major group
Building Materials, Hardware, Garden Supply, And Mobile Home Dealers
29
out of 43
33rd

Pay ratio

Daniel L. Florness' Pay$2,539,150
Median Employee's Pay$38,939
Pay Ratio

65

to 1

In 2020, the annual total compensation of Daniel L. Florness was $2,539,150.

The annual total compensation of the median employee at Fastenal Company was $38,939.

The ratio of Daniel L. Florness' pay to the pay of median employee was therefore 65 to one.

Source: SEC filing on February 26, 2021.

Florness' colleagues

We found five more compensation records of executives who worked with Daniel L. Florness at Fastenal Company in 2020.

2020

Terry Owen

Fastenal Company

Senior Executive Vice President - Sales Operations

2020

Jeffery Watts

Fastenal Company

Executive Vice President - International Sales

2020

Reyne Wisecup

Fastenal Company

Senior Executive Vice President - Human Resources

2020

Holden Lewis

Fastenal Company

Chief Financial Officer

2020

William Drazkowski

Fastenal Company

Executive Vice President - Sales

News

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