People: Watsco Inc (WSO.N)

WSO.N on New York Stock Exchange

97.70USD
4:01pm EDT
Price Change (% chg)

$-0.51 (-0.52%)
Prev Close
$98.81
Open
$97.85
Day's High
$98.78
Day's Low
$97.42
Volume
29,771
Avg. Vol
43,390
52-wk High
$105.28
52-wk Low
$87.08

Search Stocks

Summary

Name Age Since Current Position

Albert Nahmad

73 1972 Chairman of the Board, President, Chief Executive Officer

Ana Menendez

49 2003 Chief Financial Officer, Treasurer, Assistant Secretary

Barry Logan

51 2011 Senior Vice President, Secretary, Director

Aaron Nahmad

32 2011 Vice President - Strategy and Innovation, Director - Global Business Development, Director

Paul Manley

77 Lead Independent Director

Bob Moss

66 2014 Director

Cesar Alvarez

66 1997 Independent Director

David Darnell

61 2012 Independent Director

Denise Dickins

52 2007 Independent Director

Steven Fedrizzi

59 2010 Independent Director

Biographies

Name Description

Albert Nahmad

Mr. Albert H. Nahmad is Chairman of the Board, President, Chief Executive Officer of Watsco Inc., since December 1972. Mr. Nahmad is the Chair of the Nominating & Strategy Committee. 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.

Ana Menendez

Ms. Ana M. Menendez is Chief Financial Officer, Treasurer, Assistant Secretary of Watsco Inc. She 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.

Barry Logan

Mr. Barry S. Logan is Senior Vice President, Secretary, Director of Watsco Inc. He has 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 has served as a member of the Board since 2011. The Board nominated Mr. Logan as a director because his long-term experience with Watsco makes his input particularly valuable to the Board.

Aaron Nahmad

Mr. Aaron J. Nahmad is Vice President - Strategy and Innovation, Director - Global Business Development, Director of Watsco Inc. Hehas served as our Vice President of Strategy and Innovation since July 2010 and as Director of Global Business Development since 2005. Mr. Nahmad 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. Aaron J. Nahmad is the son of Albert H. Nahmad. Mr. Nahmad has served as a member of the Board since 2011 and is a member of the Nominating & Strategy Committee. The Board concluded that Mr. Nahmad should serve as a director because of his experience as Vice President of Strategy and Innovation, the Company’s development and execution of new technologies and his accomplished educational background in business.

Paul Manley

Mr. Paul F. Manley is Lead Independent Director of Watsco Inc. Mr. Manley has been retired since serving as Executive Director of the law firm of Holland & Knight from 1987 to 1991. From 1982 to 1987, Mr. Manley served as Vice President of Planning at Sensormatic Electronics Corporation. Prior to 1982, Mr. Manley served as the Managing Partner of the Miami office of Arthur Young & Company.Mr. Manley was elected to the Board in 1984 and is the Co-Chairperson of the Audit Committee and Chair of the Compensation Committee. Additionally, Mr. Manley serves as our lead independent director. The Board nominated Mr. Manley as a director because of his executive oversight and senior management experience as well as his financial expertise in accounting and auditing.

Bob Moss

Mr. Bob L. Moss is Director of Watsco Inc. Mr. Moss previously served as 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 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 nominated Mr. Moss 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.

Cesar Alvarez

Mr. Cesar L. Alvarez is Independent Director of Watsco Inc., since 1997. Mr. Alvarez has served as the Co-Chairman of the international law firm Greenberg Traurig, P.A. (“Greenberg”) since February 2012. Mr. Alvarez previously served as Greenberg’s Chief Executive Officer from 1997 until his election as Executive Chairman in January 2010 and as its Executive Chairman from 2010 until his election as Co-Chairman.Mr. Alvarez was elected to the Board in 1997 and is a member of the Nominating & Strategy Committee. The Board concluded that Mr. Alvarez should serve as a director because of his management experience as the current Co-Chairman and as former Executive Chairman and Chief Executive Officer of one of the nation’s largest law firms with professionals providing services in multiple locations across the country and abroad as well as his many years of corporate governance experience, both counseling and serving on the boards of directors of other publicly traded companies.

David Darnell

Mr. David C. Darnell has been appointed as Independent Director of Watsco, Inc., effective November 12, 2012. Mr. Darnell is theCo-Chief Operating Officer of Bank of America Corporation (“Bank of America”) since September 2011, prior to which Mr. Darnell served as the President of Bank of America’s Global Commercial Banking team from July 2005 to September 2011. Mr. Darnell joined Bank of America in 1979 and is now responsible for serving approximately 56 million of the bank’s consumers and small businesses with deposit, lending, card, home mortgage, wealth management and related products and services. 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 is Independent Director of Watsco Inc., since May 25, 2007. She is an Associate Professor of Accounting and Auditing at East Carolina University where she has been employed since 2006. From 2002 to 2006, 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 different 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 was elected to the Board in 2007 and is the Co-Chairperson of the Audit Committee. The Board nominated Dr. Dickins as a director because of her accomplished professional and academic experience in accounting and auditing as well as her other public company board experience, including experience with matters addressed by audit committees.Dr. Dickins serves on the board of directors of two other publicly-traded companies, Steiner Leisure Ltd., where she is a member of the governance and nominating committee and is the Chairperson of the audit committee, and Great Lakes Dredge & Dock, where she is the Chairperson of the audit committee. She also served on the board of directors and the audit, compensation and nominating committees of TradeStation Group, Inc. until its sale in June 2011.

Steven Fedrizzi

Mr. Steven Richard Fedrizzi is Independent Director of Watsco Inc., since November 22, 2010. Mr. Fedrizzi co-founded the U.S. Green Building Council (“USGBC”), a non-profit organization dedicated to sustainable building design and construction, and was appointed President and Chief Executive Officer of the USGBC in April 2004. Prior to 2004, Mr. Fedrizzi had a distinguished 25 year career at United Technologies Corporation (“UTC”), where he served as an in-house environmental consultant and in various marketing positions.Mr. Fedrizzi has served as a member of the Board since 2010. The Board nominated Mr. Fedrizzi as a director because 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.Mr. Fedrizzi serves on the boards of directors of a number of non-profit organizations.

Basic Compensation

Name Fiscal Year Total

Albert Nahmad

17,293,300

Ana Menendez

872,045

Barry Logan

866,125

Aaron Nahmad

1,601,290

Paul Manley

--

Bob Moss

--

Cesar Alvarez

--

David Darnell

--

Denise Dickins

--

Steven Fedrizzi

--
As Of 30 Dec 2013

Options Compensation

Name Options Value

Albert Nahmad

1,008,333 45,604,165

Ana Menendez

85,000 4,239,810

Barry Logan

262,500 11,360,338

Aaron Nahmad

5,000 147,650

Paul Manley

0 0

Bob Moss

0 0

Cesar Alvarez

0 0

David Darnell

0 0

Denise Dickins

0 0

Steven Fedrizzi

0 0
Search Stocks