LindFast Taps Longtime Ferguson Exec as CFO - Modern Distribution Management

LindFast Taps Longtime Ferguson Exec as CFO

The fasteners master distributor also appointed two other executives, including a longtime Fastenal veteran.
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Fasteners, specialty wire and cable and industrial solutions master distributor LindFast Solutions Group has appointed a new chief financial officer, along with two other executive promotions.

Jones

The Blane, MN-based company announced April 24 that it has tapped Nick Jones as its CFO, effective immediately. Jones comes to LindFast after serving as CFO at fintech logistics platform Iron Sheepdog since 2024 after spending 21 years at Ferguson — most recently as Senior Director of Finance – U.S. Performance Management. In that role, he had P&L responsibility across multiple customer groups where he supported strategic direction, performance management and M&A activity.

At LindFast, Jones will oversee the company’s global finance organization, including financial planning and analysis, accounting and investor relations.

“Nick brings exceptional financial discipline, strategic insight and operational experience at a pivotal moment for our company,” LindFast CEO Mike Spencer said in a news release. “His track record of driving profitable growth, strengthening financial processes, and supporting scalable operations will be instrumental as we continue to expand our platform and execute our long-term strategy.”

Earlier in April, LindFast announced the promotion of Freddy Barr to Vice President of Stelfast — one of the company’s operating brands — and appointed Jerad Tuxen to Senior Director of Value-Add Services. Barr most recently served as regional sales manager for Stelfast New Jersey and Marco, while Tuxen spent the past 15 years leading the Industrial Services division at Fastenal.

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