|WSO -- USA Stock|| |
USD 182.29 1.57 0.87%
Chairman, CEO and President and Chairman of Nominating and Strategy Committee
Mr. Albert H. Nahmad serves as Chairman of the Board, Chief Executive Officer of the Company. He was the visionary and leader of Watsco for over 40 years, having served as our Chairman and Chief Executive Officer since 1972. Among his many contributions, Mr. Nahmad was instrumental in the scaling of our business through acquisitions, the cultivation of strategic vendor relationships, and the development of Watscos entrepreneurial culture. In 1988 Mr. Nahmad made the decision to pivot the Companys strategic focus from manufacturing to distribution of HVACR products. Since that time, Watscos market capitalization has grown from 22 million to 5.3 billion, and its 25year compounded annual growth rate of total shareholder return was 20.8. With revenues exceeding 4 billion, Watsco has solidified its place as the industry leader and now has approximately 5, 050 employees serving approximately 88, 000 contractor customers through a branch network of more than 560 locations.
Age: 75 Chairman Since 2016