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Get filing alertsFastenal elects FedEx Chief Digital Officer Vishal Talwar to Board
Filed June 12, 2026 · Period ending June 12, 2026 · ~1 min read
Key Changes
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Fastenal expanded its Board from 11 to 12 members by electing Vishal Talwar, FedEx's Chief Digital and Information Officer, as an independent director effective June 12, 2026.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Talwar brings technology leadership experience from FedEx (Chief Digital Officer since August 2025) and Accenture (10 years, most recently Chief Growth Officer for Accenture Technology), with expertise in enterprise architecture, cybersecurity, and data platforms.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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The Board appointed Talwar to the Nominating and Corporate Governance Committee; he will receive prorated compensation under existing director policies, with equity awards paid in cash for his partial year of service.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
Summary
Fastenal expanded its Board of Directors by electing Vishal Talwar, FedEx's Chief Digital and Information Officer, as an independent director. The appointment increases Board size from 11 to 12 members and adds technology and digital transformation expertise to the company's governance structure.
Talwar currently oversees enterprise architecture, cybersecurity, and data platforms at FedEx, where he has served as Chief Digital Officer since August 2025. Prior to FedEx, he spent a decade at Accenture, most recently as Chief Growth Officer for Accenture Technology supporting Fortune Global 2000 clients.
The addition of a director with deep technology credentials suggests Fastenal is prioritizing digital capabilities at the Board level, which aligns with the industrial distributor's ongoing investments in operational technology and data-driven decision-making. Talwar will serve on the Nominating and Corporate Governance Committee and receive standard prorated compensation for his partial-year service. The Board expansion is a routine governance matter with no immediate concerns.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On June 12, 2026, the Board of Directors (the 'Board') of Fastenal Company (the 'Company') elected as a director of the Company Mr. Vishal Talwar, effective on June 12, 2026, increasing the number of directors on the Board from eleven to twelve on this date. Mr. Talwar was elected to serve as an independent director until the Company's next annual meeting of shareholders or until his successor is duly elected and qualified. The Board also appointed Mr. Talwar to serve on the Board's Nominating and Corporate Governance Committee, effective on the same date.
Fastenal expanded its Board by electing Vishal Talwar as a new independent director, increasing Board size from 11 to 12 members. He will serve until the next annual shareholder meeting and was immediately appointed to the Nominating and Corporate Governance Committee. This adds fresh technology and digital transformation expertise to the Board's governance structure.
Added in current filing · verify on EDGAR →
Mr. Talwar is currently the Executive Vice President and Chief Digital and Information Officer of FedEx Corporation, and President of FedEx DataWorks, since August 15, 2025. Mr. Talwar oversees enterprise architecture, cybersecurity, and data platforms, focused on enabling data-driven decision-making at every level of the organization. From April 14, 2015 to August 14, 2025, Mr. Talwar was a consultant and executive leader for Accenture plc. His last position was serving as Senior Managing Director and Chief Growth Officer for Accenture Technology, where he led global offerings, solutions, and go-to-market teams supporting Fortune Global 2000 clients.
Talwar brings significant technology leadership experience, currently serving as FedEx's Chief Digital Officer overseeing enterprise architecture, cybersecurity, and data platforms. His background includes senior roles at Accenture (10 years), Dell Technologies, IBM, and Wipro, with deep expertise in enterprise technology transformation. This expertise aligns with Fastenal's ongoing digital and operational technology initiatives.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Mr. Talwar will receive a pro rata portion of the annual retainer for his partial year of service as a director of the Company and a pro rata portion of an equity award that is related to his attendance at the remaining calendar year Board meetings, which will be payable in cash to Mr. Talwar, all in accordance with the Company's existing director compensation policy.
Talwar will receive prorated compensation for his partial-year service under the existing director compensation policy, including a prorated annual retainer and a cash payment in lieu of equity awards for remaining Board meetings. The compensation follows standard Board practices with no special arrangements disclosed.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 21, 2026 · How we verify