People: Watsco Inc (WSOb.N)


WSOb.N on New York Stock Exchange

86.76USD
13 Jun 2013
Price Change (% chg)

$1.30 (+1.52%)
Prev Close
$85.46
Open
$86.30
Day's High
$86.76
Day's Low
$86.17
Volume
400
Avg. Vol
125
52-wk High
$89.48
52-wk Low
$65.79

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Summary

Name Age Since Current Position

Albert Nahmad

71 1973 Chairman of the Board, President, Chief Executive Officer

Ana Menendez

47 2003 Chief Financial Officer, Treasurer, Assistant Secretary

Barry Logan

49 2011 Senior Vice President, Secretary, Director

Aaron Nahmad

30 2011 Vice President - Strategy and Innovation, Director - Global Business Development, Director

Paul Johnston

57 2008 Vice President, Head - Business Development

Paul Manley

75 Lead Independent Director

David Darnell

60 2012 Director

Cesar Alvarez

65 1997 Independent Director

Denise Dickins

50 2007 Independent Director

S. Richard Fedrizzi

57 2010 Independent Director

George Sape

67 2003 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 1973. Mr. Nahmad was elected to the Board in December 1973. He is the Chair of the Nominating & Strategy Committee. He has 39 years of leadership experience as President and Chief Executive Officer and has broad knowledge of 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 Company's 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 Company's Senior Vice President since November 2003 and as Secretary since 1997. 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 appointed to the Board in 2011.

Aaron Nahmad

Mr. Aaron J. Nahmad is Vice President - Strategy and Innovation, Director - Global Business Development, Director of Watsco Inc. He has served as Company's 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. Mr. Nahmad was appointed to the Board in 2011. He is a member of the Nominating & Strategy Committee.

Paul Johnston

Mr. Paul W. Johnston is Vice President, Head - Business Development of Watsco Inc. He has served as Company's Vice President since March 2008 and as Head of Business Development since 2002. From 1984 to 2002, Mr. Johnston served in various strategy and marketing positions, including Vice President of Distribution for Carrier, a unit of UTC.

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.

David Darnell

Mr. David C. Darnell has been appointed as Director of Watsco, Inc., effective November 12, 2012. Mr. Darnell is the Co-Chief Operating Officer of Bank of America Corporation and a member of its executive management team. Mr. Darnell started with the bank 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. Previously, Mr. Darnell served as the President of Bank of America's Global Commercial Banking team and the bank's Middle Market Banking group. He has also been active, and has considerable leadership experience, in the bank's historical acquisition activities.

Cesar Alvarez

Mr. Cesar L. Alvarez is Independent Director of Watsco Inc., since 1997. Mr. Alvarez served as the Chief Executive Officer of the international law firm Greenberg Traurig, P.A. (“Greenberg”) from 1997 to 2010 and currently holds the position of Greenberg’s Executive Chairman. He is a member of the Nominating & Strategy Committee. The Board nominated Mr. Alvarez as a director because of his management experience as the current Executive Chairman and as former Chief Executive Officer of one of the nation’s 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.

Denise Dickins

Dr. Denise Dickins is Independent Director of Watsco Inc., since May 25, 2007. She has been an Assistant Professor of Accounting and Auditing for East Carolina University since 2006. She was also an instructor for various accounting courses at Florida Atlantic University from 2002 to 2006. 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 is the Co-Chairperson of the Audit Committee.

S. Richard Fedrizzi

Mr. S. 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, in 1993 and was appointed President and Chief Executive Officer in April 2004. Prior to founding the USGBC, 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.

George Sape

Mr. George P. Sape is Independent Director of Watsco Inc., since November 11, 2003. 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. He is a member of the Audit Committee and Nominating & Strategy Committee.

Basic Compensation

Name Fiscal Year Total

Albert Nahmad

5,056,450

Ana Menendez

759,216

Barry Logan

908,253

Aaron Nahmad

990,159

Paul Johnston

784,668

Paul Manley

--

David Darnell

--

Cesar Alvarez

--

Denise Dickins

--

S. Richard Fedrizzi

--

George Sape

--
As Of 30 Dec 2011

Options Compensation

Name Options Value

Albert Nahmad

1,008,333 45,604,165

Ana Menendez

85,000 3,814,710

Barry Logan

342,500 14,627,928

Aaron Nahmad

5,000 22,220

Paul Johnston

10,000 445,131

Paul Manley

0 0

David Darnell

0 0

Cesar Alvarez

0 0

Denise Dickins

0 0

S. Richard Fedrizzi

0 0

George Sape

0 0
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