Watsco, Inc.

BOVESPA:W1SO34 Stock Report

Market Cap: R$124.9b

Watsco Management

Management criteria checks 2/4

Watsco's CEO is Albert Nahmad, appointed in Dec 1972, has a tenure of 51.92 years. total yearly compensation is $11.06M, comprised of 5.4% salary and 94.6% bonuses, including company stock and options. directly owns 11.19% of the company’s shares, worth R$13.98B. The average tenure of the management team and the board of directors is 20 years and 2.7 years respectively.

Key information

Albert Nahmad

Chief executive officer

US$11.1m

Total compensation

CEO salary percentage5.4%
CEO tenure51.9yrs
CEO ownership11.2%
Management average tenure20yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Albert Nahmad's remuneration changed compared to Watsco's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$486m

Jun 30 2024n/an/a

US$485m

Mar 31 2024n/an/a

US$477m

Dec 31 2023US$11mUS$600k

US$499m

Sep 30 2023n/an/a

US$551m

Jun 30 2023n/an/a

US$535m

Mar 31 2023n/an/a

US$549m

Dec 31 2022US$11mUS$600k

US$550m

Sep 30 2022n/an/a

US$493m

Jun 30 2022n/an/a

US$478m

Mar 31 2022n/an/a

US$434m

Dec 31 2021US$11mUS$300k

US$382m

Sep 30 2021n/an/a

US$352m

Jun 30 2021n/an/a

US$321m

Mar 31 2021n/an/a

US$270m

Dec 31 2020US$11mUS$375k

US$246m

Sep 30 2020n/an/a

US$239m

Jun 30 2020n/an/a

US$218m

Mar 31 2020n/an/a

US$220m

Dec 31 2019US$11mUS$580k

US$226m

Sep 30 2019n/an/a

US$228m

Jun 30 2019n/an/a

US$224m

Mar 31 2019n/an/a

US$224m

Dec 31 2018US$7mUS$658k

US$223m

Sep 30 2018n/an/a

US$226m

Jun 30 2018n/an/a

US$213m

Mar 31 2018n/an/a

US$199m

Dec 31 2017US$8mUS$725k

US$191m

Compensation vs Market: Albert's total compensation ($USD11.06M) is above average for companies of similar size in the BR market ($USD5.73M).

Compensation vs Earnings: Albert's compensation has been consistent with company performance over the past year.

CEO

Albert Nahmad (83 yo)

51.9yrs

Tenure

US$11,058,336

Compensation

Mr. Albert H. Nahmad has been the Chief Executive Officer of Watsco, Inc. since December 1972. Mr. Nahmad is a General Partner of Alna Capital Associates. Mr. Nahmad served as President of Watsco, Inc. fro...

Leadership Team

NamePositionTenureCompensationOwnership
Albert Nahmad
Chairman & CEO51.9yrsUS$11.06m11.19%
R$ 14.0b
Aaron Nahmad
Co-Vice Chairman & President13yrsUS$13.11m0.91%
R$ 1.1b
Ana Menendez
CFO & Treasurer26.8yrsUS$358.25k0.31%
R$ 383.0m
Barry Logan
Executive VP of Planning & Strategy27.8yrsUS$449.52k0.60%
R$ 755.1m
Steven Rupp
Chief Technology Officer13.3yrsno datano data
Rick Gomez
Vice President of Corporate Developmentno datano datano data
Paul Johnston
Executive Vice President10.7yrsUS$872.05kno data

20.0yrs

Average Tenure

61yo

Average Age

Experienced Management: W1SO34's management team is seasoned and experienced (20 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Albert Nahmad
Chairman & CEO51.9yrsUS$11.06m11.19%
R$ 14.0b
Aaron Nahmad
Co-Vice Chairman & President13yrsUS$13.11m0.91%
R$ 1.1b
Barry Logan
Executive VP of Planning & Strategyless than a yearUS$449.52k0.60%
R$ 755.1m
Cesar Alvarez
Independent Co-Vice Chairman of the Board7.4yrsno data0.0066%
R$ 8.3m
Gary Tapella
Member of Advisory Board2.8yrsUS$4.00kno data
Bob Moss
Member of Advisory Board1.4yrsno datano data
Alan Potamkin
Member of the Advisory Board2yrsno datano data
Brian Keeley
Member of Advisory Board2.6yrsno datano data
Denise Dickins
Independent Director17.8yrsUS$50.00k0.051%
R$ 63.8m
John MacDonald
Member of Advisory Boardless than a yearno data0.0053%
R$ 6.6m
Steven Rubin
Member of Advisory Boardless than a yearno datano data
J. Custer
Lead Independent Director5.9yrsUS$166.59k0.015%
R$ 19.1m

2.7yrs

Average Tenure

67yo

Average Age

Experienced Board: W1SO34's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.