In 2023, A.J. Nahmad earned $11.06M in total compensation at Watsco, including $600.00K salary and $10.00M in stock. 9+ years at the helm of Watsco.
Compensation History
Annual executive compensation data for A.J. Nahmad, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$11.06M
Salary
$600.00K
Bonus
$0.00
Other
$458.34K
Salary
$600.00KBoard Justification
The compensation philosophy focuses on long-term shareholder returns, with a significant portion of compensation being performance-based, primarily through restricted stock awards that cliff-vest at retirement age.
Bonus
$0.00Board Justification
No cash bonuses were approved for our EVP or CFO in 2023.
Other Compensation
$458.34KBoard Justification
Includes 401(k) Plan matching contributions, health insurance benefits, comprehensive annual executive physical, and incremental variable operating costs incurred related to personal use of the Company aircraft.
Restricted Stock
Board Justification
Restricted Class B common shares with a cliff-vest date of October 15, 2029, subject to forfeiture prior to this date as set forth in the restricted stock agreement.
Performance Metrics
The performance metrics for determining compensation include earnings per share (EPS) growth and common stock price growth.
A.J. Nahmad
CEO of Watsco
Education
B.A. from the University of Pennsylvania; M.B.A. from New York University
Field of Expertise
Business & Management
Sector of Economy
Industrials
Born
January 1, 1989 - 36 years ago
CEO of Watsco for
9 years 10 months (Jan 2016 - Present)
Previous Experience
Vice President of Strategy & Innovation at Watsco, Inc.
Other Watsco CEOs
Holdings
Track A.J. Nahmad's stock holdings and portfolio value over time.
Insider Trading
A.J. Nahmad's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare A.J. Nahmad with competitor CEOs and industry peers.
Donald G. Macpherson
CEO of W.W. Grainger
2023 Compensation
Stock
$6.63M
Salary
$1.10M
Bonus
$0.00
Other
$317.29K
Total Holdings
$1.29B
Todd M. Bluedorn
CEO of Lennox International
2019 Compensation
Stock
$5.25M
Salary
$1.23M
Bonus
$2.17M
Other
$47.30K
Total Holdings
$867.76K
Deidra C. Merriwether
CEO of W.W. Grainger
2023 Compensation
Stock
$2.00M
Salary
$693.84K
Bonus
$0.00
Other
$110.88K
Total Holdings
$33.70M
Ward Nye
CEO of Martin Marietta Materials
2023 Compensation
Stock
$0.00
Salary
$1.29M
Bonus
$8.58M
Other
$18.49K
Total Holdings
$1.66M
Mark W. Sheahan
CEO of Graco
2023 Compensation
Stock
$0.00
Salary
$985.00K
Bonus
$1.30M
Other
$26.76K
Total Holdings
$110.45K
Judith F. Marks
CEO of Otis Worldwide
2023 Compensation
Stock
$2.82M
Salary
$1.37M
Bonus
$0.00
Other
$432.84K
Total Holdings
$3.34M