Watsco, Inc. Announces Resignation of Brian E. Keeley from the Board of Directors, Effective April 15, 2022
March 18, 2022 at 04:31 pm
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On March 14, 2022, Brian E. Keeley delivered notice of his resignation from the Board of Directors (the Board) of Watsco, Inc., a Florida corporation (the Company) effective April 15, 2022. Mr. Keeley was elected by the holders of the Company's Common stock, and his term was to expire at the Company's 2023 annual meeting of shareholders. Mr. Keeley's resignation from the Board was not due to any disagreement with the Company, and Mr. Keeley will join the Company's Advisory Board effective April 15, 2022.
Watsco, Inc. is engaged in the distribution of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R) with locations in the United States, Canada, Mexico, and Puerto Rico, and on an export basis to Latin America and the Caribbean. The Company sells products to the commercial refrigeration market, which include condensing units, compressors, evaporators, valves, refrigerants, walk-in coolers, and ice machines for industrial and commercial applications. It also sells a variety of non-equipment products including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats, and air quality products. It distributes products manufactured by Flexible Technologies, Inc. (Flexible Technologies), Resideo Technologies, Inc. (Resideo), Copeland Corporation, LLC, The Chemours Company (Chemours), Mueller Industries, Inc. (Mueller), and Welbilt, Inc. (Welbilt), among others. The Company operates in approximately 692 locations.