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 2.33 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 $4.20M. The average tenure of the management team and the board of directors is 5.6 years and 6.3 years respectively.

Key information

Scott Lauber

Chief executive officer

US$9.6m

Total compensation

CEO salary percentage11.4%
CEO tenure2.3yrs
CEO ownership0.02%
Management average tenure5.6yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

May 23
Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

WEC Energy Group's Large Project Pipeline Keeps Growth Flowing

May 22

WEC Energy Group: A Dividend Aristocrat In The Making

May 06

WEC Energy: A Standout Utility Company With Strong Dividend Growth And Yield

Apr 08

Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

Mar 29
Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

WEC Energy Hasn't Been This Attractive In 10 Years - Time To Load Up

Mar 06

Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

Feb 20
Subdued Growth No Barrier To WEC Energy Group, Inc.'s (NYSE:WEC) Price

WEC Energy Group: A High-Quality Dividend Compounder To Buy Now

Feb 13

WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 22
WEC Energy Group's (NYSE:WEC) Shareholders Will Receive A Bigger Dividend Than Last Year

WEC Energy Group (NYSE:WEC) Hasn't Managed To Accelerate Its Returns

Jan 12
WEC Energy Group (NYSE:WEC) Hasn't Managed To Accelerate Its Returns

WEC Energy Is A Long Term Buy

Dec 30

WEC Energy Group: Christmas Came Early With A 7% Dividend Boost

Dec 21

Estimating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

Dec 05
Estimating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

WEC Energy: Fully Valued, Buy The Dip Or The Preferred For Higher Yield

Oct 20

Investors Met With Slowing Returns on Capital At WEC Energy Group (NYSE:WEC)

Oct 09
Investors Met With Slowing Returns on Capital At WEC Energy Group (NYSE:WEC)

WEC Energy Group: Well Positioned For A Recession, But The Stock Is Not Cheap

Aug 31

Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

Aug 30
Calculating The Intrinsic Value Of WEC Energy Group, Inc. (NYSE:WEC)

WEC Energy Group (NYSE:WEC) Will Pay A Larger Dividend Than Last Year At $0.78

Aug 09
WEC Energy Group (NYSE:WEC) Will Pay A Larger Dividend Than Last Year At $0.78

WEC Energy Group's (NYSE:WEC) Upcoming Dividend Will Be Larger Than Last Year's

Jul 24
WEC Energy Group's (NYSE:WEC) Upcoming Dividend Will Be Larger Than Last Year's

Return Trends At WEC Energy Group (NYSE:WEC) Aren't Appealing

Jul 01
Return Trends At WEC Energy Group (NYSE:WEC) Aren't Appealing

WEC Energy Group: A Core Portfolio Dividend Growth Play

Jun 27

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

May 08
WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

WEC Energy Group's (NYSE:WEC) Dividend Will Be Increased To $0.78

Apr 24
WEC Energy Group's (NYSE:WEC) Dividend Will Be Increased To $0.78

Does This Valuation Of WEC Energy Group, Inc. (NYSE:WEC) Imply Investors Are Overpaying?

Apr 18
Does This Valuation Of WEC Energy Group, Inc. (NYSE:WEC) Imply Investors Are Overpaying?

WEC Energy Group (NYSE:WEC) Ticks All The Boxes When It Comes To Earnings Growth

Mar 20
WEC Energy Group (NYSE:WEC) Ticks All The Boxes When It Comes To Earnings Growth

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

Feb 03
WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

WEC Energy Q4 2022 Earnings Preview

Feb 01

WEC Energy Group (NYSE:WEC) Is Increasing Its Dividend To $0.78

Jan 20
WEC Energy Group (NYSE:WEC) Is Increasing Its Dividend To $0.78

WEC Energy raises quarterly dividend by 23.3% to $0.90/share

Jan 19

WEC Energy Group: An Attractive Name For The Long Term

Jan 09

Is WEC Energy Group, Inc. (NYSE:WEC) Worth US$93.8 Based On Its Intrinsic Value?

Jan 03
Is WEC Energy Group, Inc. (NYSE:WEC) Worth US$93.8 Based On Its Intrinsic Value?

WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

Dec 16
WEC Energy Group (NYSE:WEC) Is Paying Out A Larger Dividend Than Last Year

WEC Energy raises dividend by 7.2% to $0.78, introduces EPS outlook for 2023

Dec 13

Does WEC Energy Group (NYSE:WEC) Deserve A Spot On Your Watchlist?

Nov 18
Does WEC Energy Group (NYSE:WEC) Deserve A Spot On Your Watchlist?

WEC Energy Q3 2022 Earnings Preview

Oct 31

WEC Energy declares $0.7275 dividend

Oct 20

Is WEC Energy Group, Inc. (NYSE:WEC) Expensive For A Reason? A Look At Its Intrinsic Value

Sep 26
Is WEC Energy Group, Inc. (NYSE:WEC) Expensive For A Reason? A Look At Its Intrinsic Value

WEC Energy: Put This Hot Dividend Stock On Your Radar

Sep 12

Here's Why We Think WEC Energy Group (NYSE:WEC) Might Deserve Your Attention Today

Aug 15
Here's Why We Think WEC Energy Group (NYSE:WEC) Might Deserve Your Attention Today

WEC Energy Q2 2022 Earnings Preview

Aug 01

Returns On Capital At WEC Energy Group (NYSE:WEC) Have Stalled

Aug 01
Returns On Capital At WEC Energy Group (NYSE:WEC) Have Stalled

WEC Energy declares $0.7275 dividend

Jul 21

WEC Energy: Seeking Safety In A Domestic Utility Stock

Jun 30

A Look At The Fair Value Of WEC Energy Group, Inc. (NYSE:WEC)

Jun 21
A Look At The Fair Value Of WEC Energy Group, Inc. (NYSE:WEC)

CEO Compensation Analysis

How has Scott Lauber's remuneration changed compared to WEC Energy Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

US$1b

Dec 31 2023US$10mUS$1m

US$1b

Sep 30 2023n/an/a

US$1b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$8mUS$1m

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$1b

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$5mUS$922k

US$1b

Sep 30 2021n/an/a

US$1b

Jun 30 2021n/an/a

US$1b

Mar 31 2021n/an/a

US$1b

Dec 31 2020US$4mUS$751k

US$1b

Sep 30 2020n/an/a

US$1b

Jun 30 2020n/an/a

US$1b

Mar 31 2020n/an/a

US$1b

Dec 31 2019US$3mUS$625k

US$1b

Sep 30 2019n/an/a

US$1b

Jun 30 2019n/an/a

US$1b

Mar 31 2019n/an/a

US$1b

Dec 31 2018US$3mUS$575k

US$1b

Sep 30 2018n/an/a

US$1b

Jun 30 2018n/an/a

US$1b

Mar 31 2018n/an/a

US$1b

Dec 31 2017US$2mUS$467k

US$1b

Compensation vs Market: Scott's total compensation ($USD9.55M) is about average for companies of similar size in the US market ($USD13.58M).

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

NamePositionTenureCompensationOwnership
Scott Lauber
President2.3yrsUS$9.55m0.016%
$ 4.2m
Xia Liu
Executive VP & CFO3.9yrsUS$4.51m0.0055%
$ 1.4m
Margaret Kelsey
EVP, General Counsel6.3yrsUS$2.69m0.0042%
$ 1.1m
Robert Garvin
Executive Vice President of External Affairs13.1yrsUS$2.41m0.0044%
$ 1.1m
William Mastoris
Executive Vice President of Customer Service & Operationsno datano data0.0023%
$ 593.8k
William Guc
VP, Controller & Principal Accounting Officer8.6yrsno data0.0026%
$ 672.9k
Molly Mulroy
Executive VP & Chief Administrative Officer2.8yrsno data0.0037%
$ 950.7k
Mary Straka
Senior Vice President of Corporate Communications & Investor Relations8.9yrsno data0.0012%
$ 295.6k
James Schubilske
VP & Chief Audit Officer5.6yrsno datano data
Daniel Krueger
Executive Vice President of WEC Infrastructure & Generation Planning8.8yrsno data0.0019%
$ 486.8k
Andy Hesselbach
Senior Vice President of Gas Operations2.8yrsno datano data
Paul Spicer
Senior Vice President of Power Generation5.3yrsno datano data

5.6yrs

Average Tenure

57yo

Average Age

Experienced Management: WEC's management team is seasoned and experienced (5.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Scott Lauber
President2.3yrsUS$9.55m0.016%
$ 4.2m
Glen Tellock
Independent Director2.3yrsUS$260.00k0.0020%
$ 504.6k
Curt Culver
Independent Director19.9yrsUS$296.95k0.0017%
$ 430.7k
Ulice Payne
Independent Director21.3yrsUS$300.51k0.0072%
$ 1.8m
Gale Klappa
Non-Executive Chairman20.4yrsUS$11.15m0.088%
$ 22.4m
Mary Stanek
Independent Director12.3yrsUS$260.00k0.0014%
$ 361.9k
Patricia Chadwick
Director17.9yrsUS$424.17kno data
William Farrow
Independent Director6.3yrsUS$290.00k0.0019%
$ 486.8k
Cristina Garcia-Thomas
Independent Director3.3yrsUS$260.00k0.0013%
$ 321.1k
Thomas Lane
Independent Lead Director4.3yrsUS$280.00k0.0060%
$ 1.5m
Maria Green
Independent Director4.6yrsUS$260.00k0.00062%
$ 158.0k
Danny Cunningham
Independent Director6.3yrsUS$280.00k0.0021%
$ 540.3k

6.3yrs

Average Tenure

67.5yo

Average Age

Experienced Board: WEC's board of directors are considered experienced (6.3 years average tenure).


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