As of now, A.J. Nahmad’s wealth is closely tied to his holdings in Watsco, Inc., where he has been President since 2016. In 2023, he got a total pay package of about $11 million, with almost all of it coming...

As of now, A.J. Nahmad’s wealth is closely tied to his holdings in Watsco, Inc., where he has been President since 2016. In 2023, he got a total pay package of about $11 million, with almost all of it coming from stock that vests over time, showing his commitment to the company’s future. The stock he has is mostly in restricted Class B common shares, meaning he has to stick around for the long haul to fully benefit. For instance, the shares he earned in previous years won’t fully vest until 2029 or later, depending on performance metrics like growth in earnings and stock price. This structure not only incentivizes A.J. to focus on the company’s long-term health but also aligns his personal earnings with the shareholders' returns. His financial stake in Watsco demonstrates that he is invested in the company's trajectory like every other shareholder, keeping him accountable to their interests.