WEC Energy Group Management
Management criteria checks 4/4
WEC Energy Group's CEO is Scott Lauber, appointed in Jan 2022, has a tenure of 2.25 years. total yearly compensation is $9.55M, comprised of 11.4% salary and 88.6% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth $4.31M. The average tenure of the management team and the board of directors is 5.5 years and 6.3 years respectively.
Key information
Scott Lauber
Chief executive officer
US$9.6m
Total compensation
| CEO salary percentage | 11.4% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.02% |
| Management average tenure | 5.5yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
WEC Energy: A Standout Utility Company With Strong Dividend Growth And Yield
Apr 08Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)
Mar 29
WEC Energy Hasn't Been This Attractive In 10 Years - Time To Load Up
Mar 06Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price
Feb 20WEC Energy Group: A High-Quality Dividend Compounder To Buy Now
Feb 13WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 22WEC Energy Group (NYSE:WEC) Hasn't Managed To Accelerate Its Returns
Jan 12WEC Energy Is A Long Term Buy
Dec 30WEC Energy Group: Christmas Came Early With A 7% Dividend Boost
Dec 21Estimating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)
Dec 05WEC Energy: Fully Valued, Buy The Dip Or The Preferred For Higher Yield
Oct 20Investors Met With Slowing Returns on Capital At WEC Energy Group (NYSE:WEC)
Oct 09WEC Energy Group: Well Positioned For A Recession, But The Stock Is Not Cheap
Aug 31Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)
Aug 30WEC Energy Group (NYSE:WEC) Will Pay A Larger Dividend Than Last Year At $0.78
Aug 09WEC Energy Group's (NYSE:WEC) Upcoming Dividend Will Be Larger Than Last Year's
Jul 24Return Trends At WEC Energy Group (NYSE:WEC) Aren't Appealing
Jul 01WEC Energy Group: A Core Portfolio Dividend Growth Play
Jun 27WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year
May 08WEC Energy Group's (NYSE:WEC) Dividend Will Be Increased To $0.78
Apr 24Does This Valuation Of WEC Energy Group, Inc. (NYSE:WEC) Imply Investors Are Overpaying?
Apr 18WEC Energy Group (NYSE:WEC) Ticks All The Boxes When It Comes To Earnings Growth
Mar 20WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year
Feb 03WEC Energy Q4 2022 Earnings Preview
Feb 01WEC Energy Group (NYSE:WEC) Is Increasing Its Dividend To $0.78
Jan 20WEC Energy raises quarterly dividend by 23.3% to $0.90/share
Jan 19WEC Energy Group: An Attractive Name For The Long Term
Jan 09Is WEC Energy Group, Inc. (NYSE:WEC) Worth US$93.8 Based On Its Intrinsic Value?
Jan 03WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year
Dec 16WEC Energy raises dividend by 7.2% to $0.78, introduces EPS outlook for 2023
Dec 13Does WEC Energy Group (NYSE:WEC) Deserve A Spot On Your Watchlist?
Nov 18WEC Energy Q3 2022 Earnings Preview
Oct 31WEC Energy declares $0.7275 dividend
Oct 20Is WEC Energy Group, Inc. (NYSE:WEC) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 26WEC Energy: Put This Hot Dividend Stock On Your Radar
Sep 12Here's Why We Think WEC Energy Group (NYSE:WEC) Might Deserve Your Attention Today
Aug 15WEC Energy Q2 2022 Earnings Preview
Aug 01Returns On Capital At WEC Energy Group (NYSE:WEC) Have Stalled
Aug 01WEC Energy declares $0.7275 dividend
Jul 21WEC Energy: Seeking Safety In A Domestic Utility Stock
Jun 30A Look At The Fair Value Of WEC Energy Group, Inc. (NYSE:WEC)
Jun 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$10m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$8m | US$1m | US$1b |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$1b |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$5m | US$922k | US$1b |
| Sep 30 2021 | n/a | n/a | US$1b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$4m | US$751k | US$1b |
| Sep 30 2020 | n/a | n/a | US$1b |
| Jun 30 2020 | n/a | n/a | US$1b |
| Mar 31 2020 | n/a | n/a | US$1b |
| Dec 31 2019 | US$3m | US$625k | US$1b |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$1b |
| Mar 31 2019 | n/a | n/a | US$1b |
| Dec 31 2018 | US$3m | US$575k | US$1b |
| Sep 30 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$1b |
| Mar 31 2018 | n/a | n/a | US$1b |
| Dec 31 2017 | US$2m | US$467k | US$1b |
Compensation vs Market: Scott's total compensation ($USD9.55M) is about average for companies of similar size in the US market ($USD13.51M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
CEO
Scott Lauber (57 yo)
2.3yrs
Tenure
US$9,552,179
Compensation
Mr. Scott J. Lauber has been President and Manager at WEPCo Environmental Trust Finance I, LLC since January 2021. He has been Director of American Transmission Company LLC since July 2022. He was Presiden...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 20.3yrs | US$11.15m | 0.092% $ 24.2m | |
| President | 2.3yrs | US$9.55m | 0.016% $ 4.3m | |
| Executive VP & CFO | 3.8yrs | US$4.51m | 0.0055% $ 1.4m | |
| Executive VP | 6.3yrs | US$2.69m | 0.0042% $ 1.1m | |
| Executive Vice President of External Affairs | 13yrs | US$2.41m | 0.0044% $ 1.1m | |
| Executive Vice President of Customer Service & Operations | no data | no data | 0.0023% $ 608.9k | |
| VP, Controller & Principal Accounting Officer | 8.5yrs | no data | 0.0026% $ 689.9k | |
| Executive VP & Chief Administrative Officer | 2.7yrs | no data | 0.0037% $ 974.7k | |
| Senior Vice President of Corporate Communications & Investor Relations | 8.8yrs | no data | 0.0012% $ 303.1k | |
| VP & Chief Audit Officer | 5.5yrs | no data | no data | |
| Executive Vice President of WEC Infrastructure & Generation Planning | 8.7yrs | no data | 0.0019% $ 499.1k | |
| Senior Vice President of Gas Operations | 2.8yrs | no data | no data |
5.5yrs
Average Tenure
57yo
Average Age
Experienced Management: WEC's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 20.3yrs | US$11.15m | 0.092% $ 24.2m | |
| President | 2.2yrs | US$9.55m | 0.016% $ 4.3m | |
| Independent Director | 2.3yrs | US$260.00k | 0.0020% $ 517.4k | |
| Independent Director | 19.8yrs | US$296.95k | 0.0017% $ 441.6k | |
| Independent Director | 21.3yrs | US$300.51k | 0.0072% $ 1.9m | |
| Independent Director | 12.3yrs | US$260.00k | 0.0014% $ 371.1k | |
| Director | 17.8yrs | US$424.17k | no data | |
| Independent Director | 6.3yrs | US$290.00k | 0.0019% $ 499.1k | |
| Independent Director | 3.3yrs | US$260.00k | 0.0013% $ 329.3k | |
| Independent Lead Director | 4.3yrs | US$280.00k | 0.0060% $ 1.6m | |
| Independent Director | 4.5yrs | US$260.00k | 0.00062% $ 162.0k | |
| Independent Director | 6.3yrs | US$280.00k | 0.0021% $ 556.6k |
6.3yrs
Average Tenure
67.5yo
Average Age
Experienced Board: WEC's board of directors are considered experienced (6.3 years average tenure).