10:16 AM EDT, 07/12/2024 (MT Newswires) -- Fastenal ( FAST ) said Friday it has appointed Jeff Watts as president and chief sales officer of the company, starting Aug. 1.

Watts will take over the president role from Dan Florness, who will step down from that position, Fastenal ( FAST ) said, adding that Florness will remain its chief executive and a board member.

In addition to serving as president, Watts will continue in his role as chief sales officer, a role he has held since May 2023.

Shares of Fastenal ( FAST ) were up more than 4% in recent trading.

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