Ana M. Menendez
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Members of the Atlanta Fed’s boards of directors play a critical role in helping to formulate monetary policy, and they act as a link between the Federal Reserve and the community. Head office directors also oversee the general management of the Reserve Bank and its branches. The Sixth District’s 44 board members are business and community leaders representing a broad mix of industries and economic sectors. They come from local, regional, and global organizations headquartered across our region.
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Biography
Ana M. Menendez
Chief Financial Officer and Treasurer
Watsco, Inc.
Miami, Florida
Class C
Appointed: January 1, 2025
Term expires: December 31, 2027
Ana M. Menendez has served as chief financial officer and treasurer of Watsco Inc. in Miami, Florida, since 2003. Watsco is the largest distributor of air conditioning, heating, refrigeration equipment, and related parts and supplies in the HVAC/R distribution industry in North America. Watsco was founded more than 50 years ago as a manufacturer of parts and components for HVAC/R equipment and entered the distribution segment in 1989. Company revenues in HVAC/R distribution increased from $64.1 million in 1989 to $7.6 billion in 2024 via a strategy of acquiring companies with established market position and subsequently building revenues and profit through a combination of adding locations, products, services, and other initiatives. Watsco is currently operating 690 locations in the United States, Canada, Mexico, and Puerto Rico with additional market coverage on an export basis to Latin America and the Caribbean.
Ms. Menendez previously served as vice president and treasurer of Watsco Inc., from 1998 to 2003. She also served as chief financial officer and secretary of Ezcony Interamerica Inc. from 1997 to 1998.
Ms. Menendez is a member of the board of directors of the Federal Reserve Bank of Atlanta. She is a member of the American Institute of CPAs and the Florida Institute of CPAs.
She is a certified public accountant and received a BBA degree from Florida International University and an MBA from the University of Miami.