Watsco Management

Management criteria checks 4/4

Watsco's CEO is Albert Nahmad, appointed in Dec 1972, has a tenure of 51.33 years. total yearly compensation is $11.09M, comprised of 5.4% salary and 94.6% bonuses, including company stock and options. directly owns 10.26% of the company’s shares, worth $1.64B. The average tenure of the management team and the board of directors is 19.5 years and 3.5 years respectively.

Key information

Albert Nahmad

Chief executive officer

US$11.1m

Total compensation

CEO salary percentage5.4%
CEO tenure51.3yrs
CEO ownership10.3%
Management average tenure19.5yrs
Board average tenure3.5yrs

Recent management updates

Recent updates

Watsco's (NYSE:WSO) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 04
Watsco's (NYSE:WSO) Shareholders Will Receive A Bigger Dividend Than Last Year

A Look At The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)

Mar 12
A Look At The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)

Watsco: A Fantastic Dividend Compounder I Just Put On My Watchlist

Mar 07

Returns on Capital Paint A Bright Future For Watsco (NYSE:WSO)

Feb 16
Returns on Capital Paint A Bright Future For Watsco (NYSE:WSO)

Is Watsco (NYSE:WSO) Using Too Much Debt?

Feb 01
Is Watsco (NYSE:WSO) Using Too Much Debt?

Watsco: A Simple Thesis For A Great Company

Jan 16

Watsco, Inc.'s (NYSE:WSO) Price Is Out Of Tune With Earnings

Jan 04
Watsco, Inc.'s (NYSE:WSO) Price Is Out Of Tune With Earnings

Why Watsco, Inc. (NYSE:WSO) Could Be Worth Watching

Dec 20
Why Watsco, Inc. (NYSE:WSO) Could Be Worth Watching

Estimating The Fair Value Of Watsco, Inc. (NYSE:WSO)

Nov 21
Estimating The Fair Value Of Watsco, Inc. (NYSE:WSO)

Watsco (NYSE:WSO) Might Become A Compounding Machine

Nov 08
Watsco (NYSE:WSO) Might Become A Compounding Machine

Watsco: Staying Chill For Now

Nov 08

Watsco, Inc.: Strong Growth Driven By Supply Chain Disruption Is Diminishing

Oct 24

Watsco (NYSE:WSO) Ticks All The Boxes When It Comes To Earnings Growth

Oct 11
Watsco (NYSE:WSO) Ticks All The Boxes When It Comes To Earnings Growth

At US$349, Is It Time To Put Watsco, Inc. (NYSE:WSO) On Your Watch List?

Sep 11
At US$349, Is It Time To Put Watsco, Inc. (NYSE:WSO) On Your Watch List?

Watsco: Time To Cool Off

Sep 08

Is Watsco, Inc. (NYSE:WSO) Worth US$355 Based On Its Intrinsic Value?

Aug 11
Is Watsco, Inc. (NYSE:WSO) Worth US$355 Based On Its Intrinsic Value?

Investors Should Be Encouraged By Watsco's (NYSE:WSO) Returns On Capital

Jul 27
Investors Should Be Encouraged By Watsco's (NYSE:WSO) Returns On Capital

Watsco (NYSE:WSO) Is Increasing Its Dividend To $2.45

Jul 12
Watsco (NYSE:WSO) Is Increasing Its Dividend To $2.45

Is Watsco (NYSE:WSO) A Risky Investment?

Jun 30
Is Watsco (NYSE:WSO) A Risky Investment?

Watsco: Shares Have Run Their Course (Rating Downgrade)

Jun 29

If EPS Growth Is Important To You, Watsco (NYSE:WSO) Presents An Opportunity

Jun 15
If EPS Growth Is Important To You, Watsco (NYSE:WSO) Presents An Opportunity

When Should You Buy Watsco, Inc. (NYSE:WSO)?

May 31
When Should You Buy Watsco, Inc. (NYSE:WSO)?

We Like Watsco's (NYSE:WSO) Returns And Here's How They're Trending

Apr 19
We Like Watsco's (NYSE:WSO) Returns And Here's How They're Trending

Watsco's (NYSE:WSO) Dividend Will Be Increased To $2.45

Apr 06
Watsco's (NYSE:WSO) Dividend Will Be Increased To $2.45

Watsco (NYSE:WSO) Has A Rock Solid Balance Sheet

Mar 28
Watsco (NYSE:WSO) Has A Rock Solid Balance Sheet

With EPS Growth And More, Watsco (NYSE:WSO) Makes An Interesting Case

Mar 12
With EPS Growth And More, Watsco (NYSE:WSO) Makes An Interesting Case

Estimating The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)

Feb 26
Estimating The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)

Watsco Q4 2022 Earnings Preview

Feb 15

Investors Shouldn't Overlook Watsco's (NYSE:WSO) Impressive Returns On Capital

Jan 15
Investors Shouldn't Overlook Watsco's (NYSE:WSO) Impressive Returns On Capital

Watsco hikes quarterly dividend by 11% to $2.45

Jan 03

Is Now The Time To Look At Buying Watsco, Inc. (NYSE:WSO)?

Jan 01
Is Now The Time To Look At Buying Watsco, Inc. (NYSE:WSO)?

Is Watsco (NYSE:WSO) A Risky Investment?

Dec 18
Is Watsco (NYSE:WSO) A Risky Investment?

Watsco: Finally Worth Considering

Dec 07

Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?

Dec 04
Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?

A Look At The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)

Nov 20
A Look At The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)

Watsco Q3 2022 Earnings Preview

Oct 19

Watsco declares $2.20 dividend

Oct 03

What Does Watsco, Inc.'s (NYSE:WSO) Share Price Indicate?

Oct 02
What Does Watsco, Inc.'s (NYSE:WSO) Share Price Indicate?

Watsco: Still Not An Ideal Play

Sep 25

Watsco (NYSE:WSO) Is Very Good At Capital Allocation

Sep 18
Watsco (NYSE:WSO) Is Very Good At Capital Allocation

Is Watsco (NYSE:WSO) A Risky Investment?

Sep 04
Is Watsco (NYSE:WSO) A Risky Investment?

Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?

Aug 22
Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?

Estimating The Fair Value Of Watsco, Inc. (NYSE:WSO)

Aug 08
Estimating The Fair Value Of Watsco, Inc. (NYSE:WSO)

Watsco Q2 2022 Earnings Preview

Jul 25

Searching For Wonderful Businesses: Watsco

Jul 11

Watsco declares $2.20 dividend

Jul 01

Is Now The Time To Look At Buying Watsco, Inc. (NYSE:WSO)?

Jun 27
Is Now The Time To Look At Buying Watsco, Inc. (NYSE:WSO)?

Watsco (NYSE:WSO) Is Investing Its Capital With Increasing Efficiency

Jun 13
Watsco (NYSE:WSO) Is Investing Its Capital With Increasing Efficiency

Watsco (NYSE:WSO) Could Easily Take On More Debt

May 31
Watsco (NYSE:WSO) Could Easily Take On More Debt

Here's Why We Think Watsco (NYSE:WSO) Is Well Worth Watching

May 17
Here's Why We Think Watsco (NYSE:WSO) Is Well Worth Watching

Calculating The Fair Value Of Watsco, Inc. (NYSE:WSO)

May 04
Calculating The Fair Value Of Watsco, Inc. (NYSE:WSO)

CEO Compensation Analysis

How has Albert Nahmad's remuneration changed compared to Watsco's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

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 ($USD11.09M) is about average for companies of similar size in the US market ($USD12.84M).

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


CEO

Albert Nahmad (82 yo)

51.3yrs

Tenure

US$11,093,941

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 & CEO51.3yrsUS$11.09m10.26%
$ 1.6b
Aaron Nahmad
Co-Vice Chairman & President12.4yrsUS$10.81m0.92%
$ 147.7m
Ana Menendez
CFO & Treasurer26.3yrsUS$357.63k0.31%
$ 50.2m
Barry Logan
Executive VP of Planning & Strategy27.3yrsUS$442.63k0.62%
$ 99.4m
Steven Rupp
Chief Technology Officer12.7yrsno datano data
Paul Johnston
Executive Vice President10.1yrsUS$872.05kno data

19.5yrs

Average Tenure

60yo

Average Age

Experienced Management: WSO's management team is seasoned and experienced (19.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Albert Nahmad
Chairman & CEO51.3yrsUS$11.09m10.26%
$ 1.6b
Aaron Nahmad
Co-Vice Chairman & President12.4yrsUS$10.81m0.92%
$ 147.7m
Barry Logan
Executive VP of Planning & Strategyless than a yearUS$442.63k0.62%
$ 99.4m
Cesar Alvarez
Independent Co-Vice Chairman of the Board6.8yrsno datano data
Gary Tapella
Member of Advisory Board2.2yrsUS$4.00kno data
Bob Moss
Member of Advisory Boardless than a yearUS$1.83k0.11%
$ 17.1m
Alan Potamkin
Member of the Advisory Board1.4yrsno datano data
Brian Keeley
Member of Advisory Board2yrsno datano data
Denise Dickins
Independent Director17.3yrsUS$50.00k0.037%
$ 6.0m
Steven Rubin
Member of Advisory Boardless than a yearUS$223.81k0.0073%
$ 1.2m
J. Custer
Lead Independent Director5.3yrsUS$231.98k0.011%
$ 1.8m
Rachel Wilson
Member of Advisory Board4.8yrsno datano data

3.5yrs

Average Tenure

68yo

Average Age

Experienced Board: WSO's board of directors are considered experienced (3.5 years average tenure).


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