Edition:
United States

People: Watsco Inc (WSO)

WSO on New York Consolidated

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26 Sep 2017
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Nahmad, Albert 

Mr. Albert H. Nahmad serves as Chairman of the Board, Chief Executive Officer of the Company. He has been the visionary and leader of Watsco for over 40 years, having served as our Chairman and Chief Executive Officer since 1972. Among his many contributions, Mr. Nahmad has been instrumental in the scaling of our business through acquisitions, the cultivation of strategic vendor relationships, and the development of Watsco’s entrepreneurial culture. In 1988 Mr. Nahmad made the decision to pivot the Company’s strategic focus from manufacturing to distribution of HVAC/R products. Since that time, Watsco’s market capitalization has grown from $22 million to $5.3 billion, and its 25-year compounded annual growth rate of total shareholder return has been 20.8%. With revenues exceeding $4 billion, Watsco has solidified its place as the industry leader and now has approximately 5,050 employees serving approximately 88,000 contractor customers through a branch network of more than 560 locations.

Basic Compensation

Total Annual Compensation, USD 660,000
Restricted Stock Awards, USD 10,093,100
Long-Term Incentive Plans, USD --
All Other, USD 147,591
Fiscal Year Total, USD 10,900,700

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

Albert Nahmad

10,900,700

Aaron Nahmad

4,937,670

Bob Moss

23,444

Ana Menendez

650,731

Barry Logan

727,231

David Darnell

18,444
As Of  30 Dec 2016