Edition:
United States

Watsco Inc (WSO)

WSO on New York Consolidated

158.73USD
9 Dec 2016
Change (% chg)

$-0.30 (-0.19%)
Prev Close
$159.03
Open
$158.76
Day's High
$159.55
Day's Low
$158.12
Volume
159,235
Avg. Vol
174,660
52-wk High
$159.55
52-wk Low
$106.58

Summary

Name Age Since Current Position

Albert Nahmad

75 2016 Chairman of the Board, Chief Executive Officer

Aaron Nahmad

34 2016 President, Director

Bob Moss

68 2016 Vice Chairman of the Board, Lead Independent Director

Ana Menendez

51 2003 Chief Financial Officer, Treasurer, Assistant Secretary

Barry Logan

53 2011 Senior Vice President, Secretary, Director

David Darnell

63 2012 Independent Director

Denise Dickins

54 2007 Independent Director

Steven Fedrizzi

61 2010 Independent Director

George Sape

71 2015 Independent Director

Biographies

Name Description

Albert Nahmad

Mr. Albert H. Nahmad serves as Chairman of the Board, Chief Executive Officer of the Company. He has more than 40 years of leadership experience as our President and Chief Executive Officer and has broad knowledge of our Company and long-standing experience with the HVAC/R industry.

Aaron Nahmad

Mr. Aaron J. Nahmad serves as President, Director of the Company. Mr. Nahmad has worked for the Company since 2005. He served as Vice President of Strategy & Innovation since July 2010 and as Director of Global Business Development since 2005. He has also been a member of Watsco's Board of Directors since November 2011. He holds a B.A. from the University of Pennsylvania and a M.B.A. from New York University's Leonard N. Stern School of Business.

Bob Moss

Mr. Bob L. Moss serves as Vice Chairman of the Board, Lead Independent Director of the Company. He served as Independent Director of Watsco Inc. He is the Chairman and Chief Executive Officer of Moss & Associates LLC, founded in 2004, which is one of the largest general contractors in the Southern United States. Mr. Moss previously served as chairman of the board and Chief Executive Officer of Centex Construction Group from 2000 to 2002, the largest domestic general building contractor in the nation. Mr. Moss previously served as chairman of the board and Chief Executive Officer of Centex Construction Group, where he spent 23 years building Centex into the largest domestic general building contractor in the nation. Mr. Moss serves as our Vice Chairman of the Board, Chair of the Nominating & Governance Committee and Lead Independent Director. Mr. Moss brings entrepreneurial skills, business-building abilities, leadership development experience and a wealth of knowledge of the construction industry to our Board. Mr. Moss previously served as a director of Watsco for 20 years from 1992 to 2012. Mr. Moss was appointed to the Board in 2014 and is a member of the Audit Committee, Compensation Committee and Nominating & Strategy Committee. The Board concluded that Mr. Moss should serve as a director because of his years of executive oversight and senior management experience in the construction industry as well as his prior experience as a director of the Company.

Ana Menendez

Ms. Ana M. Menendez serves as Chief Financial Officer, Treasurer, Assistant Secretary of the Watsco Inc. Ana M. Menendez has served as our Chief Financial Officer and Treasurer since November 2003, as Treasurer since 1998, and as Assistant Secretary since 1999. Ms. Menendez is a certified public accountant. Ms. Menendez supervises all financial and accounting aspects of the Company, including taxes, risk management, benefits, treasury and cash management, the Company’s system of internal control and other compliance activities. She also is the leader and principal contact for the Company’s banking relationships and actively participates at a senior level in a variety of strategic activities.

Barry Logan

Mr. Barry S. Logan serves as Senior Vice President, Secretary, Director of Watsco Inc. Mr. Logan served as Vice President of Finance and Chief Financial Officer from 1997 to October 2003, as Treasurer from 1996 to 1998 and in other capacities beginning in 1992. Mr. Logan is a certified public accountant. Mr. Logan was Watsco’s fourth corporate employee and is an integral participant in the Company’s business development initiatives, financial and other strategic activities during his 23-year career. He is also the principal contact with the institutional shareholder community and, as such, is the principal contact for engagement with our shareholders.

David Darnell

Mr. David C. Darnell serves as Independent Director of Watsco, Inc., effective November 12, 2012. He has served as the Vice Chairman of Bank of America Corporation (“Bank of America”) since August 2014. Mr. Darnell previously served as the President of Bank of America’s Global Commercial Banking team from 2005 until his election as Co-Chief Operating Officer in 2011 and as its Co-Chief Operating Officer from 2011 until his election as Vice Chairman. Mr. Darnell joined Bank of America in 1979 and is now responsible for the Global Wealth and Investment Management division, which represents one of the largest firms in the world with $2.5 trillion in total client balances and nearly 17,000 wealth advisors. Mr. Darnell has served as a member of the Board since 2012. The Board concluded that Mr. Darnell should serve as a director because of his years of executive oversight and senior management experience in the banking industry.

Denise Dickins

Dr. Denise Dickins serves as Independent Director of Watsco Inc., since May 25, 2007. She is currently an Associate Professor of Accounting and Auditing. She teaches courses in Auditing and Corporate Governance. From 2002 to 2006, while earning her Ph.D., she was an instructor of various accounting courses at Florida Atlantic University. Prior to that, she was with Arthur Andersen LLP where she served in varying capacities from 1983 to 2002, including Partner in Charge of the South Florida Audit Division. Dr. Dickins is a certified public accountant and certified internal auditor. Dr. Dickins has served on the board of directors of three other publicly-traded companies: Steiner Leisure Ltd. (chair of the audit committee and a member of the governance and nominating committee) until its sale in December 2015, Great Lakes Dredge & Dock (chair of the audit committee) until resigning in October 2015, and TradeStation Group, Inc. (lead director, chair of the nominating committee and member of the audit and compensation committees) until its sale in June 2011. Dr. Dickins brings auditing and accounting skills to the Board. She serves as co-chair of the Audit Committee and, beginning in November 2015, as the chair of the Compensation Committee. She is also a member of the Nominating & Governance Committee.

Steven Fedrizzi

Mr. Steven Richard Fedrizzi serves as Independent Director of the Watsco Inc., since November 22, 2010. He was a co-founder and is currently the Chief Executive Officer of the U.S. Green Building Council (USGBC), a non-profit organization dedicated to sustainable building design and construction, and the Chief Executive Officer of the Green Building Certification Institute. Prior to his USGBC role, Mr. Fedrizzi had a 25-year career at United Technologies Corporation (UTC), where he served as an in-house environmental consultant and in various sales and marketing positions. He is a recognized leader in the global sustainability movement and an early promoter of green building methods. His skills and experience strengthen our ongoing commitment of providing consumers with energy efficient and environmentally responsible products, both domestically and on an international basis. Mr. Fedrizzi serves on the boards of directors of a number of non-profit organizations. He is a member of the Compensation Committee.

George Sape

Mr. George P. Sape serves as Independent Director of Watsco Inc. He served as a director of the Company for 11 years from 2003 to 2014. Mr. Sape has been the Managing Partner of Epstein Becker and Green, P.C., a New York-based law firm, since 1986. Mr. Sape previously served as Vice President and General Counsel for Organizations Resources Counselors, Inc., a consulting services provider to a number of Fortune 500 companies and has served as counsel or as an advisor to various congressional committees related to labor, education and public welfare. Mr. Sape also serves on the board of the University of Colorado School of Business. Mr. Sape is a member of the Audit Committee and of the Nominating & Governance Committee.

Basic Compensation

Name Fiscal Year Total

Albert Nahmad

8,211,540

Aaron Nahmad

1,513,720

Bob Moss

--

Ana Menendez

350,331

Barry Logan

434,446

David Darnell

--

Denise Dickins

--

Steven Fedrizzi

--

George Sape

--
As Of  30 Dec 2015

Options Compensation