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Home » Distribution Industry News » Fastenal Names New President

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  • Published on: July 12, 2024

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Distribution Industry News

Fastenal Names New President

Fastenal (Nasdaq: FAST), Winona, Minn., has promoted Jeff Watts to President and Chief Sales Officer effective on Aug. 1, 2024.  

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He will assume the president role from Dan Florness, who will continue to serve as Fastenal’s CEO and member of its board. Watts will continue as Chief Sales Officer, a position he has held since May 2023.  

Previously, Watts served as Fastenal’s Executive Vice President – International Sales, Vice President – International Sales and Regional Vice President of the Fastenal’s Canadian business. He is a 28-year Fastenal veteran who joined the company as a part-time branch employee in 1996.  

Fastenal has about 3,500 in-market locations across 25 countries.  

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