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
He’s been the chairman of XPO since its founding in 2011, followed by spinoff GXO in 2021.
Two current board members are expected to retire in May 2026 at the end of their terms.
The lumber and plywood supplier is promoting its COO to lead the company while its current CEO will move into a board position.
BlackHawk adds an industry veteran with deep category management expertise at prominent industrial distributors.
The new appointment will strengthen Orgill’s digital capabilities, enhancing customer- and dealer-facing technologies and more.
Co-CEO Andrew Dawes prepares for retirement in April 2026 following more than three decades with the electrical supplies distributor.
“These changes reflect that Benco Dental is more than simply a dental distribution company,” said 1930 Ventures Managing Director Charles Cohen.
A veteran hire aims to accelerate the company’s international commercial strategy and support full alignment with product-led, supplier-led led and customer-led growth ambitions.
Ireland/Iceland becomes Rubix’s second-largest regional market, and the company announced another tuck-in acquisition on Nov. 7.
The new leaders will continue to work with former CEO Eric Smith, who will join the distributor’s board.
A Tencarva veteran executive is promoted to CEO while the company’s former CEO becomes chairman.
The new leader is a veteran of the construction and building supply distribution sector.
