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 11.46% of the company’s shares, worth $1.69B. 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 percentage | 5.4% |
| CEO tenure | 51.3yrs |
| CEO ownership | 11.5% |
| Management average tenure | 19.5yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Watsco's (NYSE:WSO) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 04
A Look At The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)
Mar 12Watsco: A Fantastic Dividend Compounder I Just Put On My Watchlist
Mar 07Returns on Capital Paint A Bright Future For Watsco (NYSE:WSO)
Feb 16Is Watsco (NYSE:WSO) Using Too Much Debt?
Feb 01Watsco: A Simple Thesis For A Great Company
Jan 16Watsco, Inc.'s (NYSE:WSO) Price Is Out Of Tune With Earnings
Jan 04Why Watsco, Inc. (NYSE:WSO) Could Be Worth Watching
Dec 20Estimating The Fair Value Of Watsco, Inc. (NYSE:WSO)
Nov 21Watsco (NYSE:WSO) Might Become A Compounding Machine
Nov 08Watsco: Staying Chill For Now
Nov 08Watsco, Inc.: Strong Growth Driven By Supply Chain Disruption Is Diminishing
Oct 24Watsco (NYSE:WSO) Ticks All The Boxes When It Comes To Earnings Growth
Oct 11At US$349, Is It Time To Put Watsco, Inc. (NYSE:WSO) On Your Watch List?
Sep 11Watsco: Time To Cool Off
Sep 08Is Watsco, Inc. (NYSE:WSO) Worth US$355 Based On Its Intrinsic Value?
Aug 11Investors Should Be Encouraged By Watsco's (NYSE:WSO) Returns On Capital
Jul 27Watsco (NYSE:WSO) Is Increasing Its Dividend To $2.45
Jul 12Is Watsco (NYSE:WSO) A Risky Investment?
Jun 30Watsco: Shares Have Run Their Course (Rating Downgrade)
Jun 29If EPS Growth Is Important To You, Watsco (NYSE:WSO) Presents An Opportunity
Jun 15When Should You Buy Watsco, Inc. (NYSE:WSO)?
May 31We Like Watsco's (NYSE:WSO) Returns And Here's How They're Trending
Apr 19Watsco's (NYSE:WSO) Dividend Will Be Increased To $2.45
Apr 06Watsco (NYSE:WSO) Has A Rock Solid Balance Sheet
Mar 28With EPS Growth And More, Watsco (NYSE:WSO) Makes An Interesting Case
Mar 12Estimating The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)
Feb 26Watsco Q4 2022 Earnings Preview
Feb 15Investors Shouldn't Overlook Watsco's (NYSE:WSO) Impressive Returns On Capital
Jan 15Watsco hikes quarterly dividend by 11% to $2.45
Jan 03Is Now The Time To Look At Buying Watsco, Inc. (NYSE:WSO)?
Jan 01Is Watsco (NYSE:WSO) A Risky Investment?
Dec 18Watsco: Finally Worth Considering
Dec 07Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?
Dec 04A Look At The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)
Nov 20Watsco Q3 2022 Earnings Preview
Oct 19Watsco declares $2.20 dividend
Oct 03What Does Watsco, Inc.'s (NYSE:WSO) Share Price Indicate?
Oct 02Watsco: Still Not An Ideal Play
Sep 25Watsco (NYSE:WSO) Is Very Good At Capital Allocation
Sep 18Is Watsco (NYSE:WSO) A Risky Investment?
Sep 04Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?
Aug 22Estimating The Fair Value Of Watsco, Inc. (NYSE:WSO)
Aug 08Watsco Q2 2022 Earnings Preview
Jul 25Searching For Wonderful Businesses: Watsco
Jul 11Watsco declares $2.20 dividend
Jul 01Is Now The Time To Look At Buying Watsco, Inc. (NYSE:WSO)?
Jun 27Watsco (NYSE:WSO) Is Investing Its Capital With Increasing Efficiency
Jun 13Watsco (NYSE:WSO) Could Easily Take On More Debt
May 31Here's Why We Think Watsco (NYSE:WSO) Is Well Worth Watching
May 17Calculating The Fair Value Of Watsco, Inc. (NYSE:WSO)
May 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$499m |
| Sep 30 2023 | n/a | n/a | US$551m |
| Jun 30 2023 | n/a | n/a | US$535m |
| Mar 31 2023 | n/a | n/a | US$549m |
| Dec 31 2022 | US$11m | US$600k | US$550m |
| Sep 30 2022 | n/a | n/a | US$493m |
| Jun 30 2022 | n/a | n/a | US$478m |
| Mar 31 2022 | n/a | n/a | US$434m |
| Dec 31 2021 | US$11m | US$300k | US$382m |
| Sep 30 2021 | n/a | n/a | US$352m |
| Jun 30 2021 | n/a | n/a | US$321m |
| Mar 31 2021 | n/a | n/a | US$270m |
| Dec 31 2020 | US$11m | US$375k | US$246m |
| Sep 30 2020 | n/a | n/a | US$239m |
| Jun 30 2020 | n/a | n/a | US$218m |
| Mar 31 2020 | n/a | n/a | US$220m |
| Dec 31 2019 | US$11m | US$580k | US$226m |
| Sep 30 2019 | n/a | n/a | US$228m |
| Jun 30 2019 | n/a | n/a | US$224m |
| Mar 31 2019 | n/a | n/a | US$224m |
| Dec 31 2018 | US$7m | US$658k | US$223m |
| Sep 30 2018 | n/a | n/a | US$226m |
| Jun 30 2018 | n/a | n/a | US$213m |
| Mar 31 2018 | n/a | n/a | US$199m |
| Dec 31 2017 | US$8m | US$725k | US$191m |
Compensation vs Market: Albert's total compensation ($USD11.09M) is about average for companies of similar size in the US market ($USD13.41M).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 51.3yrs | US$11.09m | 11.46% $ 1.7b | |
| Co-Vice Chairman & President | 12.4yrs | US$10.81m | 0.92% $ 136.1m | |
| CFO & Treasurer | 26.3yrs | US$357.63k | 0.31% $ 46.3m | |
| Executive VP of Planning & Strategy | 27.3yrs | US$442.63k | 0.62% $ 91.6m | |
| Chief Technology Officer | 12.7yrs | no data | no data | |
| Executive Vice President | 10.1yrs | US$872.05k | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 51.3yrs | US$11.09m | 11.46% $ 1.7b | |
| Co-Vice Chairman & President | 12.4yrs | US$10.81m | 0.92% $ 136.1m | |
| Executive VP of Planning & Strategy | less than a year | US$442.63k | 0.62% $ 91.6m | |
| Independent Co-Vice Chairman of the Board | 6.8yrs | no data | no data | |
| Member of Advisory Board | 2.2yrs | US$4.00k | no data | |
| Member of Advisory Board | less than a year | US$1.83k | 0.11% $ 15.7m | |
| Member of the Advisory Board | 1.4yrs | no data | no data | |
| Member of Advisory Board | 2yrs | no data | no data | |
| Independent Director | 17.3yrs | US$50.00k | 0.037% $ 5.5m | |
| Member of Advisory Board | less than a year | US$223.81k | 0.0073% $ 1.1m | |
| Lead Independent Director | 5.3yrs | US$231.98k | 0.011% $ 1.6m | |
| Member of Advisory Board | 4.8yrs | no data | no data |
3.5yrs
Average Tenure
68yo
Average Age
Experienced Board: WSO's board of directors are considered experienced (3.5 years average tenure).