Albert Nahmad holds a significant amount of stock in Watsco, reflecting his commitment to the company’s future. His holdings peaked around 2021, with over 1.6 million shares of Class B common stock valued at roughly 110 million dollars at the...
Albert Nahmad holds a significant amount of stock in Watsco, reflecting his commitment to the company’s future. His holdings peaked around 2021, with over 1.6 million shares of Class B common stock valued at roughly 110 million dollars at the time. As of 2023, while his total stock is still substantial, the exact value fluctuates based on market performance. Much of his wealth is tied to these stock holdings, which are granted over long vesting periods to promote long-term thinking. His history of stock awards demonstrates a strategic approach to compensation, enhancing alignment with shareholders by tying his income to the company's performance. This strategic alignment shows his dedication to both the company and its investors.