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WEC Energy Group, Inc. (WEC)

NYSE - Nasdaq Real Time Price. Currency in USD
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91.17+2.30 (+2.59%)
At close: 04:00PM EST
91.74 +0.57 (+0.63%)
After hours: 07:38PM EST
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WEC Energy Group, Inc.

231 West Michigan Street
PO Box 1331
Milwaukee, WI 53201
United States
414-221-2345
https://www.wecenergygroup.com

Sector(s)Utilities
IndustryUtilities—Regulated Electric
Full Time Employees7,200

Key Executives

NameTitlePayExercisedYear Born
Mr. Gale E. KlappaExec. Chairman3.62M7.41M1951
Mr. Joseph Kevin FletcherPres, CEO & Director3.94MN/A1959
Ms. Xia Liu C.F.A.Exec. VP & CFO1.52MN/A1970
Mr. Scott J. LauberSr. EVP & COO2.12MN/A1966
Ms. Margaret C. KelseyExec. VP, Gen. Counsel & Corp. Sec.1.58MN/A1965
Mr. Robert M. GarvinExec. VP of External Affairs1.21M3.7M1967
Mr. William J. GucVP, Controller & Principal Accounting OfficerN/AN/A1970
Ms. Molly A. MulroyExec. VP & Chief Admin. OfficerN/AN/AN/A
Ms. Mary Beth Straka CPASr. VP of Corp. Communications & Investor RelationsN/AN/A1965
Mr. Brian G. DobberkeSr. VP of HR & Organizational Effectiveness and Compliance OfficerN/AN/AN/A
Amounts are as of December 31, 2020 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, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. The company operates through six segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. It generates and distributes electricity from coal, natural gas, oil, hydroelectric, wind, solar, and biomass sources; provides electric transmission services; offers retail natural gas distribution services; transports natural gas; and generates, distributes, and sells steam. As of December 31, 2020, it operated approximately 36,100 miles of overhead distribution lines and 34,900 miles of underground distribution cables, as well as 450 electric distribution substations and 507,900 line transformers; 50,300 miles of natural gas distribution mains; 1,100 miles of natural gas transmission mains; 2.3 million natural gas lateral services; 500 natural gas distribution and transmission gate stations; and 68.2 billion cubic feet of working gas capacities in underground natural gas storage fields. 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 incorporated in 1981 and is headquartered in Milwaukee, Wisconsin.

Corporate Governance

WEC Energy Group, Inc.’s ISS Governance QualityScore as of September 26, 2021 is 2. The pillar scores are Audit: 5; Board: 4; Shareholder Rights: 3; Compensation: 3.

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.
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