CEO Pay Watch Fastenal Co.
Willard Oberton, chairman, former CEO
Total compensation: $614,089 for the year ended December 31, 2015
Salary: $572,292
Non-equity incentive pay: $38,677
Other compensation: $3,120
Total shareholder return: -11.8 percent
Note: Fastenal has had three CEOs recently. Willard Oberton, who had been CEO since 2002 and chairman since April 2014, retired as CEO on Dec. 31, 2014. He was succeeded as CEO by the company's chief operating officer, Leland Hein.
But Oberton returned as interim president and CEO on July 22 when Hein resigned as CEO and resumed his chief operating role.
In October, the company announced that Dan Florness, chief financial officer, would become CEO effective Jan. 1.
