About

Willard D. Oberton joined the Donaldson Company Board of Directors in July 2006 and served through the 2025 Annual Meeting, most recently as Lead Independent Director and as Chair of the Corporate Governance Committee; he was succeeded as committee chair by Christopher M. Hilger effective August 1, 2025 and did not stand for re-election.

Oberton spent his executive career at Fastenal Company, an industrial and construction supplies manufacturer and distributor headquartered in Winona, Minnesota, where he was a director from 1999, President from 2001, and Chief Executive Officer from 2002 before serving as Chairman of the Board from 2014 to 2021.

Earlier at Fastenal he held roles including Chief Operating Officer, Executive Vice President and Vice President. He holds a marketing degree from St. Cloud Technical College in St. Cloud, Minnesota.

Roles

DONALDSON Co INC
Director · Current role
2006–present
Fastenal Company
Chief Executive Officer · Led the industrial and construction supplies manufacturer and distributor headquartered in Winona, Minnesota.
2002 to 2014
Fastenal Company
President
from 2001
Fastenal Company
Chief Operating Officer
1997 to 2002
Fastenal Company
Executive Vice President
2000 to 2001
Fastenal Company
Vice President
1997 to 2000

External Roles

Fastenal Company
Chairman of the Board
2014 to 2021
Fastenal Company
Director
1999 to 2021
Wincraft Inc.
Director
College of Saint Benedict
Trustee
Fastenal Company
Board of Directors
1999-2021
Wincraft Inc.
Board of Directors
College of Saint Benedict
Board of Trustees

Director Compensation

FY 2025
Fees earned or paid in cash
$120,000
Stock awards
$102,553
Option awards
$85,962
Total
$308,515

Also at DONALDSON Co INC

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