People: Watsco Inc (WSO)
26 Sep 2017
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.
|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|