Florness to Step Down as Fastenal CEO in July
Dan Florness has been with the company since 1996 and its CEO for the past nine-plus years.
December 22, 2025
The new leader will succeed current CEO Steve Henry, who is retiring after 16 years with the company.
The news comes just two days after the company announced the opening of a large new distribution center in South Carolina.
A search committee has been established to identify a candidate who will assume the organization’s leadership role.
Stanley Black & Decker will return to a non-executive Chairman of Board effective Oct. 1.
They’ve been in the electrical supplies market since 2009, with a long tenure at Anixter before it was acquired by Wesco in 2020.
GPC is combining its chairman and CEO positions to provide unified leadership for the company comprised of subsidiaries Motion and NAPA Auto Parts.
The new CEO will succeed Stanley Bergman, who has led the pharmaceuticals and healthcare products distributor for the past 35 years.
The newly-created role will lead Border States’ enterprise-wide digital strategy, accelerating value creation through technology, data and process modernization.
The distribution sales transformation consultancy continues to add industry veterans to its roster.
Now privately owned, the former Grainger subsidiary lands a new leader with over 30 years of driving growth in distribution.
The news comes about four weeks after PFG nixed talks with U.S. Foods about a potential combination that would’ve seen the latter take over the company.
The building materials distributor will have a new CCO on Jan. 6
