Also Known As Albert Nahmad
CEO of Watsco
Albert H. Nahmad has been the visionary founder and leader of Watsco for 50 years, having served as our Chairman and Chief Executive Officer of Watsco, Inc.(WSO)
since 1972. Among his many contributions, Mr. Nahmad has been instrumental in the scaling of our business through acquisitions, the cultivation of strategic vendor relationships, and the development of Watsco’s entrepreneurial culture. In 1988 Mr. Nahmad made the decision to pivot the Company’s strategic focus from manufacturing to distribution of HVAC/R products. Since that time, Watsco’s market capitalization has grown from $22 million to $12.1 billion, and its compounded annual growth rate of total shareholder return has been 19%. With revenues of $6.3 billion in 2021, Watsco has solidified its place as the industry leader and now has approximately 6,900 employees serving approximately 120,000 active contractor customers through a branch network of 671 locations.
Albert H. Nahmad is a dynamic leader who has taken Watsco from an HVAC manufacturing facility to the largest distributor of HVAC products in the industry. He served as Chairman of the Board, President and CEO of the Company since December 1972. In January 2016, Mr. Nahmad vacated the office of President and retained his roles as the Company’sChairman and CEO focused on Watsco’s long-term vision, culture and strategic objectives. He holds an M.S. in Industrial Administration from Purdue University and a B.S. in Mechanical Engineering from the University of New Mexico. Mr. Nahmad maintains an active role in a number of charitable organizations in South Florida.