Albert Nahmad has been leading Watsco, Inc. since 1973, taking it from a small business to a major player in the HVAC distribution industry. With a Bachelor's degree in Business Administration, he emphasizes performance-driven strategies that connect executive pay with...

Albert Nahmad has been leading Watsco, Inc. since 1973, taking it from a small business to a major player in the HVAC distribution industry. With a Bachelor's degree in Business Administration, he emphasizes performance-driven strategies that connect executive pay with company success. His steady compensation reflects a heavy focus on stock awards rather than cash, ensuring his interests stay aligned with shareholders. In 2023, he received a total compensation of over 11 million dollars, mostly from vested stock worth about 10 million. This long-term focus on growth is rooted in specific metrics like earnings per share and stock price movements. Interestingly, Albert also has family ties in the company; his son Aaron has risen to the position of President. As Watsco continues to navigate the market, Albert's extensive experience remains crucial for guiding the company's future.