The Newsroom
People·October 20, 2026 at 6:56 AM EDT·1 source

Fastenal’s CFO Is Building a Financial Planning Team. AI is Helping.

FAST -1.6%MAT
FAST · last 30 trading days+1.7% since the news
News

What happened

  • Fastenal’s CFO is building a financial planning team with help from artificial intelligence.
  • Mattel named Peter Griffith as CFO, replacing Paul Ruh.

Why it matters

The developments highlight how finance organizations are changing through team-building and AI adoption, while also marking a CFO transition at Mattel.

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Timeline

  1. EarlierOct 14
    Mattel Inc.: Executive or director change
  2. EarlierOct 19
    Mattel Inc.: Executive or director change
  3. EarlierOct 19
    Mattel Names Peter Griffith Chief Financial Officer, Replacing Paul Ruh
  4. EarlierOct 19
    Mattel names second CFO in under 18 months
  5. First reported by The Wall Street JournalOct 20
    Fastenal’s CFO Is Building a Financial Planning Team. AI is Helping.

Who is involved

Fastenal’s CFO Is Building a Financial Planning Team. AI is H…FastenalFASTMattelMATPeter GriffithPaul Ruh
CompanyPerson

Sources (1)

  1. The Wall Street JournalOct 20
    Fastenal’s CFO Is Building a Financial Planning Team. AI is Helping.

Related

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