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WEC Energy Group, Inc. (WEC)


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61.58+0.57 (+0.93%)
At close: 4:02PM EDT

61.39 -0.19 (-0.31%)
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WEC Energy Group, Inc.

231 West Michigan Street
Milwaukee, WI 53203
United States
414-221-2345
http://www.wecenergygroup.com

SectorUtilities
IndustryElectric Utilities
Full Time Employees7,983

Key Executives

NameTitlePayExercisedAge
Mr. Allen L. LeverettChief Exec. Officer, Pres, Director and Pres of Wisconsin, Michigan & Minnesota3.24M7.19M50
Mr. Scott J. LauberChief Financial Officer and Exec. VP902.91kN/A51
Ms. Susan Ham MartinExec. VP, Gen. Counsel and Corp. Sec.1.41M1.49M64
Mr. James Patrick KeyesExec. VP of Strategy1.52MN/A51
Mr. Robert M. GarvinExec. VP of External Affairs1.02M514.13k50
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

WEC Energy Group, Inc., through its subsidiaries, generates and distributes electric energy. The company operates through Wisconsin, Illinois, Other States, Electric Transmission, We Power, and Corporate and Other segments. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass. The company provides electric utility services to customers in the paper, food products, foundry, mining, printing, and retail industries, as well as to governmental and health services. It also provides retail natural gas distribution services in the state of Wisconsin, as well as transports customer-owned natural gas; and generates, distributes, and sells steam. The company serves approximately 1.6 million electric customers and 2.8 million natural gas customers. In addition, it invests in and develops real estate properties, including business parks and other commercial real estate projects primarily in southeastern Wisconsin. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1981 and is headquartered in Milwaukee, Wisconsin.

Corporate Governance

WEC Energy Group, Inc.’s ISS Governance QualityScore as of May 1, 2017 is 4. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 4; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.