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WEC Energy Group, Inc. (WEC)

NYSE - NYSE Delayed Price. Currency in USD
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99.57-0.58 (-0.58%)
At close: 04:00PM EDT
99.57 -0.01 (-0.01%)
After hours: 04:12PM EDT
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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 Employees7,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Gale E. KlappaExec. Chairman4.33MN/A1951
Mr. Scott J. LauberPres, CEO & Director2.59MN/A1966
Ms. Xia Liu C.F.A.Exec. VP & CFO2.27MN/A1970
Ms. Margaret C. KelseyExec. VP, Gen. Counsel & Corp. Sec.1.6MN/A1965
Mr. William J. GucVP, Controller & Principal Accounting OfficerN/AN/A1970
Ms. Mary Beth Straka CPASr. VP of Corp. Communications & Investor RelationsN/AN/A1965
Mr. Robert M. GarvinExec. VP of External AffairsN/AN/A1967
Mr. James A. SchubilskeVP & Chief Audit OfficerN/AN/A1966
Mr. Daniel P. KruegerExec. VP of WEC Infrastructure - WEC Bus. Services LLCN/AN/AN/A
Mr. William MastorisExec. VP of Customer Service & Operations - WEC Bus. Services LLCN/AN/A1964
Amounts are as of December 31, 2021 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, 2021, it operated approximately 35,800 miles of overhead distribution lines and 35,600 miles of underground distribution cables, as well as 440 electric distribution substations and 510,500 line transformers; 50,900 miles of natural gas distribution mains; 1,200 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 1, 2022 is 2. The pillar scores are Audit: 6; Board: 4; Shareholder Rights: 4; Compensation: 1.

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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