Aaron J. Nahmad has served as the President of the Company since January 2016. Mr. Nahmad previously served as the Director of Global Business Development from 2005 until his election as Vice President of Strategy & Innovation in 2010, and as Vice President of Strategy & Innovation from 2010 until his election as President. He has also been. a member of Watsco’s Board of Directors since November 2011. He holds a B.A. from the University of Pennsylvania and a M.B.A. from New York University’s Leonard N. Stern School of Business. A.J. Nahmad is the son of Albert Nahmad, Watsco’s Chairman, President and Chief Executive Officer since December 1972.