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Friday, January 15, 2021
Fri, Jan 15th, 2021
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Watt, Nadine — Watt Cos
Chief Executive
Watt Cos. Inc.
THE LATEST: In January, Watt became chief executive of Watt Cos., the company founded by her grandfather. Watt replaced her father, J. Scott Watt, who is now chairman. Watt had been president of Watt Cos. since 2011. As of March 2020, the company's annual revenue was $160 million. Its portfolio comprises 3,000 multifamily units, 24 retail centers, 3.4 million square feet of office and industrial space, four master planned communities and 14 residential projects. The company has developed hotels, but no longer oversees them.
BACKGROUND: Prior to becoming CEO, Watt helped launch the company's acquisition division, Watt Investment Partners. The unit has invested $60 million in real estate in the Western United States. Watt helped with the multimillion-dollar renovation of the 920,000-square-foot Watt Plaza in Century City and has overseen the company's oil and gas operations. She is a graduate of Georgetown University's School of Foreign Service and holds a master's degree from the School of Cinematic Arts at USC.
YEARS ON THE LA500: 4
Return to the 2020 edition of the LA500.