Watsco CEO Albert Nahmad's 2018 pay slips 13% to $7.1M

Watsco reports 2018 executive compensation

By ExecPay News

Published: April 26, 2019

Watsco reported fiscal year 2018 executive compensation information on April 26, 2019.
In 2018, four Watsco executives received on average a compensation package of $2.9M, a 11% decrease compared to previous year.
Average pay of disclosed executives at Watsco
Albert H. Nahmad, Chief Executive Officer, received $7.1M in total, which decreased by 13% compared to 2017. 87% of Nahmad's compensation, or $6.2M, was in stock awards. Nahmad also received $42 in non-equity incentive plan, $658K in salary, as well as $272K in other compensation.
For fiscal year 2018, the median employee pay was $47,786 at Watsco. Therefore, the ratio of Albert H. Nahmad's pay to the median employee pay was 149 to one.
Aaron J. Nahmad, President, received a compensation package of $3.9M, which increased by 22% compared to previous year. 84% of the compensation package, or $3.3M, was in stock awards.
Barry S. Logan, Senior Vice President, earned $410K in 2018, a 57% decrease compared to previous year.
Ana M. Menendez, Chief Financial Officer, received $331K in 2018, which decreases by 63% compared to 2017.

Related executives

Albert Nahmad

Watsco

Chief Executive Officer

Aaron Nahmad

Watsco

President

Barry Logan

Watsco

Executive Vice President

Ana Menendez

Watsco

Chief Financial Officer

You may also like

Source: SEC filing on April 26, 2019.