Willard D. Oberton, born in 1957, has made a notable impact in the business world as the CEO of Fastenal Company and Donaldson Company, Inc. He started his journey with Fastenal in 1980, working his way up through various roles,...

Current Market Cap

$46.72B

Number of Employees

23.2K

Total Compensation

2011 - 2015

Trending down by -58.44% last year
Showing total compensation for the last 2011 - 2015

Stock

Up by 0.00% last year

Salary

Down by -4.22% last year

Bonus

Down by -100.00% last year

Other

Up by 884.20% last year

Year

2015

Total Compensation

$610.47K

Salary

$572.29K

Board Justification

The compensation philosophy emphasizes fair and equitable treatment, aligning employee interests with those of shareholders, and rewarding performance that drives company growth.

Bonus

$0.00

Board Justification

Cash bonuses earned based on performance metrics related to company-wide pre-tax earnings, with a payout percentage of 0.80% for the period he served as interim president and CEO.

Other

$38.18K

Board Justification

Includes annual profit-based matching contributions to 401(k) plan and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted to Mr. Oberton in 2015 as he was not in the position long enough to receive any stock grants that vested during the year.

Performance Metrics

Based on growth in pre-tax earnings compared to the previous year.

SEC Filing

From February 24, 2016