Jeff Watts Promoted to President and Chief Sales Officer of Fastenal, Dan Florness to Continue as CEO
12 Julio 2024 - 8:20AM
Business Wire
Fastenal Company (Nasdaq: FAST) (the 'Company' or 'Fastenal')
has appointed Jeff Watts, a 28-year Company veteran with deep
global sales experience, to the position of President and Chief
Sales Officer, effective August 1, 2024. Mr. Watts will assume the
President role from Dan Florness, who will be voluntarily vacating
the President position on the effective date. Mr. Florness will
continue to serve as Fastenal's CEO and as a member of its Board of
Directors.
In addition to serving as President, Mr. Watts will continue in
his role as the Company's Chief Sales Officer (CSO), a position he
has held since May 2023. As CSO, his responsibilities include
establishing priorities, setting goals, and providing guidance and
oversight for the Company's global sales activities, which today
span 25 countries.
Mr. Watts brings decades of sales experience to both roles,
having previously served as Fastenal's Executive Vice President –
International Sales, Vice President – International Sales, and
Regional Vice President of the Company's Canadian business. Prior
to this, he served in a variety of sales roles on the district and
local market levels, giving him a direct understanding of what's
important to our customers and to our employees around the world.
He joined the Company (as a part-time branch employee) on February
5, 1996.
"I am deeply honored and grateful for the opportunity to serve
as President of Fastenal," said Jeff Watts. "After 28 years of
witnessing our tremendous growth and innovation, I look forward to
leading our team to continue delivering outstanding value to our
customers and stakeholders."
"Fastenal operates with a simple style: find great people, ask
them to join, and give them a reason to stay," said Dan Florness.
"We also operate with four simple values: ambition, innovation,
integrity, and teamwork. Jeff adds two more, humility and
resiliency. Jeff joined Fastenal when our Canadian expansion was
just starting. He learned from the perspective of direct customer
engagement, and continued to push our success across the globe. I
believe our customers, employees, and shareholders will be well
served by his leadership. Go Blue!"
About Fastenal
Fastenal provides a broad offering of industrial supplies,
including fastener, safety, and metal cutting products, to
manufacturing, construction, and state and local government
customers through more than 3,500 in-market locations (branches and
customer-specific Onsite locations) spanning 25 countries. With
continual investment in tailored local inventory, dedicated local
experts, and flexible FMI® (Fastenal Managed Inventory) and digital
solutions, we help our business partners achieve product and
process savings across the supply chain – a "high-touch, high-tech"
approach encapsulated by our tagline, Where Industry Meets
Innovation™. Our local service teams are supported by 17
regional distribution centers, a captive logistics fleet, multiple
teams of industry specialists and support personnel, and robust
sourcing, quality, and manufacturing resources, enabling us to grow
by getting closer to customers and providing innovative and
comprehensive solutions to customer supply chain challenges.
Additional information regarding Fastenal is available on the
Fastenal Company website at www.fastenal.com.
FAST-G
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240711412997/en/
Taylor Ranta Oborski Financial Reporting & Regulatory
Compliance Manager 507.313.7959
Fastenal (NASDAQ:FAST)
Gráfica de Acción Histórica
De Sep 2024 a Oct 2024
Fastenal (NASDAQ:FAST)
Gráfica de Acción Histórica
De Oct 2023 a Oct 2024