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Tim Stenovec

๐Ÿ‘ค Speaker
1527 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

You can say you're going to invest, and then there's the reality of actually building facilities.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

First of all, tariffs, and I know we've talked about this with you in the past, so forgive me if I'm repeating, but you're thinking about outsourcing.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

How have tariffs changed that, especially when it comes to fasteners, I think primarily sourced from China and Asia?

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

So I'm just curious, how many of it's been shifting for you?

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

Which makes sense, which we've seen that trend happening, I feel like, over time.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

Hey, Dan, you mentioned about maybe less companies leaving the U.S.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

Speaking of leaving, you are stepping down as CEO come July.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

You've been CEO since 2016.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

You were CFO before that going back to 2002.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

You've been there a long time.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

And I know last time you were on, I asked you a question about this cycle and I was not very kind.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

I got yelled at by my team because I think I gave you 20 seconds, but we do get yelled at.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

No, no, no.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

You've got almost two minutes.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

How do you describe this cycle?

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

Because it feels unusual.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

I know.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

Is that, just quickly, I know this is truly like 30 seconds, is that the most transformative change you think we'll see over the next decade is just the continued impact of AI and things like ChatGPT and everything else connected?

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

Just your quick thought on that.

Bloomberg Talks
Fastenal CEO Daniel Florness Talks Minnesota Unrest

All right.