WEC · Wec Energy Group, Inc.

$106.22 -0.06 (-0.06%) At close · Aug 28

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$34.61B

325.85M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Scott Lauber	President and CEO	$1,205,700	—	$5,405,848	$990,235	$3,535,789	$564,506	$12,188,492
Xia Liu	Executive Vice President and CFO	$873,385	—	$1,779,857	$326,044	$1,501,420	$542,451	$5,093,789
Michael Hooper	Executive Vice President and COO	$690,801	—	$1,081,718	$198,142	$1,232,722	$439,918	$3,643,371
Margaret C. Kelsey	Executive Vice President, General Counsel and Corporate Secretary	$664,661	—	$948,123	$173,677	$1,008,182	$181,503	$2,979,518
Robert M. Garvin	Executive Vice President - External Affairs	$612,789	—	$868,419	$159,075	$923,403	$100,347	$2,836,292

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Scott Lauber	President and CEO	$1,148,320	—	$4,633,847	$884,488	$3,282,992	$534,201	$10,948,091
Gale E. Klappa	Non-Executive Chairman of the Board	$646,623	—	$6,278,171	$702,302	$1,269,794	$293,648	$10,485,408
Xia Liu	Executive Vice President and CFO	$841,853	—	$1,769,361	$337,721	$1,461,279	$500,747	$4,964,632
Margaret C. Kelsey	Executive Vice President, General Counsel and Corporate Secretary	$640,665	—	$915,594	$174,766	$981,229	$171,772	$2,885,017
Michael Hooper	President WI Utilities	$525,772	$195,355	$939,172	$177,158	$424,898	$438,363	$2,700,718
Robert M. Garvin	Executive Vice President - External Affairs	$577,692	—	$822,725	$157,043	$881,760	$63,653	$2,663,910

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Gale Klappa	Chairman	$1,193,072	—	$3,417,905	$631,553	$3,458,169	$351,817	$11,152,301
Gale E. Klappa	Non-Executive Chairman of the Board	$1,193,072	—	$3,417,905	$631,553	$3,458,169	$351,817	$11,152,301
Scott Lauber	President and CEO	$1,085,199	—	$3,461,002	$905,967	$3,145,494	$504,540	$9,552,179
Xia Liu	Executive Vice President and CFO	$803,226	—	$1,485,174	$388,761	$1,330,391	$474,059	$4,508,378
Margaret C. Kelsey	Executive Vice President, General Counsel and Corporate Secretary	$611,271	—	$753,455	$197,171	$949,173	$168,789	$2,687,484
Robert M. Garvin	Executive Vice President - External Affairs	$547,418	—	$670,539	$175,535	$788,508	$67,336	$2,405,856

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kevin Fletcher	Retired President and CEO	$452,193	—	$3,531,880	$756,182	$1,207,397	$30,190	$8,151,511
Scott Lauber	President and CEO	$1,027,925	—	$2,822,085	$854,960	$2,832,628	$434,381	$8,149,461
Gale Klappa	Chairman	$1,136,835	—	$2,796,924	$598,182	$3,118,817	$333,813	$8,123,837
Gale E. Klappa	Non-Executive Chairman of the Board	$1,136,835	—	$2,796,924	$598,182	$3,118,817	$333,813	$8,123,837
Xia Liu	Executive Vice President and CFO	$766,549	—	$1,424,199	$431,459	$1,244,278	$446,979	$4,314,429
Margaret C. Kelsey	Executive Vice President, General Counsel and Corporate Secretary	$593,767	—	$785,663	$238,023	$904,973	$162,781	$2,685,890
Robert M. Garvin	Executive Vice President - External Affairs	$522,428	—	$685,978	$207,823	$684,792	$84,402	$2,308,695

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kevin Fletcher	Retired President and CEO	$1,102,727	—	$2,331,500	$910,166	$2,846,308	$133,816	$18,481,871
Gale Klappa	Chairman	$1,098,334	—	$2,512,072	$692,261	$2,944,006	$286,747	$8,013,392
Gale E. Klappa	Executive Chairman	$1,098,334	—	$2,512,072	$692,261	$2,944,006	$286,747	$8,013,392
Scott Lauber	President and CEO	$921,719	—	$1,577,250	$615,740	$1,555,544	$117,568	$4,987,251
Xia Liu	Executive Vice President and CFO	$739,450	—	$1,279,120	$499,356	$1,174,535	$356,739	$4,050,012
Margaret C. Kelsey	Executive Vice President, General Counsel and Corporate Secretary	$579,232	—	$712,544	$278,150	$862,542	$160,981	$2,594,307
Robert M. Garvin	Executive Vice President - External Affairs	$500,873	—	$539,076	$210,461	$646,410	$82,217	$2,084,179

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kevin Fletcher	Retired President and CEO	$1,068,828	—	$2,388,372	$720,763	$2,717,859	$158,101	$18,136,171
Gale E. Klappa	Executive Chairman	$1,064,570	—	$1,838,167	$391,576	$2,273,906	$283,131	$8,889,120
Frederick D	Kuester Senior Executive Vice President	$426,124	—	$3,714,572	$577,896	$740,914	$219,661	$6,909,258
Scott Lauber	President and CEO	$750,923	—	$1,354,142	$419,612	$1,269,733	$101,459	$4,097,012
Xia Liu	Executive Vice President and CFO	$423,519	$100,000	$1,678,010	$456,977	$684,975	$306,688	$3,650,169
Margaret C. Kelsey	Executive Vice President, General Counsel and Corporate Secretary	$564,702	—	$734,188	$221,561	$861,570	$157,591	$2,542,112
Robert M. Garvin	Executive Vice President - External Affairs	$487,598	—	$554,688	$167,396	$644,740	$81,927	$2,033,835

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kevin Fletcher	President and CEO	$975,939	—	$1,421,449	$385,495	$2,433,884	$87,193	$9,262,101
Gale E. Klappa	Executive Chairman	$1,039,231	—	$1,052,213	$285,348	$2,147,112	$360,277	$8,203,944
Frederick D	Kuester Senior Executive Vice President	$804,846	—	$1,634,632	$443,330	$1,385,606	$151,184	$5,740,823
Scott Lauber	Senior Executive Vice President and Chief Operating Officer	$624,904	—	$969,107	$262,816	$1,012,500	$93,413	$3,142,635
Margaret C. Kelsey	Executive Vice President, General Counsel and Corporate Secretary	$540,651	—	$638,867	$173,264	$821,263	$123,830	$2,298,037
Robert M. Garvin	Executive Vice President - External Affairs	$457,956	$50,000	$473,476	$128,407	$602,869	$79,102	$1,887,158

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Gale E. Klappa	Executive Chairman	$1,425,000	—	$3,763,383	$793,166	$3,541,124	$181,752	$9,862,993
Frederick D	Kuester Senior Executive Vice President	$638,481	—	$1,476,294	$297,827	$1,267,350	$266,998	$3,980,435
Kevin Fletcher	President and Chief Executive Officer	$504,733	—	$521,122	$109,816	$792,078	$52,100	$2,719,501
Scott Lauber	Senior Executive Vice President and COO	$574,711	—	$858,790	$229,716	$952,418	$76,186	$2,714,678
Margaret C. Kelsey	Executive Vice President, General Counsel and Corporate Secretary	$515,000	—	$596,445	$159,538	$746,535	$88,223	$2,105,782
Robert M. Garvin	Executive Vice President - External Affairs	$441,462	—	$477,354	$127,639	$594,226	$74,203	$1,790,860

Executive changes

Person	Role	Change	Effective	Filed
Caroline Garcia	Vice President and Controller	Appointed	2026-08-31	2026-08-11
Gale Klappa	Chairman of the Board	Retired	2026-05-07	2026-05-08
Curt Culver	director	Retired	2025-05-08	2025-05-12
Michael Hooper	Executive Vice President and Chief Operating Officer	Appointed	2025-05-11	2025-05-12
John Lange	director	Appointed	2025-01-01	2024-10-18
Warner Baxter	director	Appointed	2025-01-01	2024-10-18
Gale E. Klappa	Non-Executive Chairman	Appointed	2024-05-09	2024-05-13
Michael Hooper	President Wisconsin Utilities	Appointed	2024-04-01	2024-03-12
Ave M. Bie	director	Appointed	2023-01-01	2022-10-21
J. Kevin Fletcher	President and Chief Executive Officer	Retired	2022-06-01	2022-06-03
Scott J. Lauber	President and Chief Executive Officer	Appointed	2022-02-01	2022-01-21
Scott J. Lauber	director	Appointed	2022-02-01	2022-01-21
J. Kevin Fletcher	Board	Resigned	2022-02-01	2022-01-21
Scott J. Lauber	President and Chief Executive Officer	Appointed	2022-02-01	2021-10-25
Glen E. Tellock	Director	Appointed	2022-01-01	2021-10-21
Cristina A. Garcia-Thomas	director	Appointed	2021-01-01	2020-12-04
Frederick D. Kuester	Senior Executive Vice President	Retired	2020-07-01	2020-07-02
Frederick D. Kuester	Senior Executive Vice President	Retired	2020-07-01	2020-05-21
Xia Liu	Executive Vice President and Chief Financial Officer	Appointed	2020-06-01	2020-04-02
Scott J. Lauber	Senior Executive Vice President and Chief Operating Officer	Appointed	2020-06-01	2020-04-02

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