Fastenal Names New Executive VP of Human Resources

Rhea-AI Summary

Fastenal Company has appointed Noelle J. Oas as the new executive vice president of human resources. Oas, who has been with Fastenal for eight years, will oversee HR functions including benefits, payroll, diversity, and training. She succeeds Reyne K. Wisecup, who retires after 34 years, having played a key role in the company's growth from a Midwest business to a global organization with over 22,000 employees. CEO Dan Florness praised Wisecup’s contributions and expressed confidence in Oas’s leadership. Fastenal continues to expand its industrial supply offerings through a customer-focused approach across 3,300 locations in 25 countries.

Positive

• Appointment of Noelle J. Oas as executive VP of HR, bringing legal expertise and commitment to employee empowerment.
• Transition in leadership following Reyne K. Wisecup’s retirement reflects a stable succession plan and company growth.
• Fastenal has a strong focus on employee training and development with the Fastenal School of Business.

Negative

• None.

WINONA, Minn.--(BUSINESS WIRE)-- Fastenal Company (Nasdaq: FAST) has appointed Noelle J. Oas, JD, as executive vice president of human resources (HR). In her new role, she will oversee several teams that fall under the human resources umbrella: benefits, insurance, payroll, diversity and compliance, and the Fastenal School of Business (the company’s employee training and development division). Ms. Oas is in her eighth year with Fastenal, having previously served as director of compliance. Prior to joining Fastenal, she worked in employment law litigation.

Ms. Oas is succeeding Reyne K. Wisecup, who recently retired after 34 years with the company. Ms. Wisecup’s career exemplified two central themes of the Fastenal story: opportunity and growth. She started as a receptionist in 1988, when the company had just 375 employees and 75 branches. With a willingness to learn and embrace new challenges, she gravitated to the human resources area and took on increasing responsibilities. She eventually went on to lead HR functions for the company as it grew from a U.S. Midwest-centered business to a global organization with 22,000-plus employees spread across 26 countries. In 2000, Reyne was elected to Fastenal’s board of directors, and she will continue to serve as a board member.

“First off, I want to thank Reyne Wisecup for her stewardship of Fastenal’s people-centered culture through many years of change and growth; and, personally, I would like to thank Reyne for years of providing me with great advice,” said Dan Florness, Fastenal’s president and CEO. “I also want to congratulate Noelle Oas on her new role. With her legal acumen and commitment to employee empowerment, the Fastenal ‘Blue Team’ will continue to benefit from strong human resources leadership.”

About Fastenal

Fastenal provides a broad offering of industrial supplies, including fastener, safety, and metal cutting products, to manufacturing, construction, and state and local government customers through approximately 3,300 in-market locations (branches and customer-specific Onsite locations) spanning 25 countries. With continual investment in tailored local inventory, dedicated local experts, and flexible FMI^® (Fastenal Managed Inventory) and digital solutions, we help our business partners achieve product and process savings across the supply chain – a “high-touch, high-tech” approach encapsulated by our tagline, Where Industry Meets Innovation^™. Our local service teams are supported by 16 regional distribution centers, a captive logistics fleet, multiple teams of industry specialists and support personnel, and robust sourcing, quality, and manufacturing resources, enabling us to grow by getting closer to customers and providing innovative and comprehensive solutions to customer supply chain challenges.

Additional information regarding Fastenal is available on the Fastenal Company website at www.fastenal.com.

FAST-G

View source version on businesswire.com: https://www.businesswire.com/news/home/20230308005579/en/

Taylor Ranta Oborski

Financial Reporting & Regulatory Compliance Manager

507.313.7959

Source: Fastenal Company

FAQ

Who is the new executive vice president of Fastenal's human resources?

Noelle J. Oas has been appointed as the new executive vice president of human resources.

What role did Reyne K. Wisecup play at Fastenal?

Reyne K. Wisecup served as the executive VP of human resources for 34 years, significantly contributing to the company's growth.

How many employees does Fastenal have globally?

Fastenal has over 22,000 employees across 26 countries.

What is the main focus of Fastenal's human resources department?

The HR department focuses on benefits, payroll, diversity, compliance, and employee training.

What is Fastenal's approach to customer service?

Fastenal employs a 'high-touch, high-tech' approach to meet customer supply chain challenges.