WEC Energy Group sets CEO Lauber's base salary at $1,025,000; Fletcher to retire June 2022

WEC ENERGY GROUP, INC.

Scott Lauber appointed President and CEO effective Feb 1, 2022; base salary $1,025,000.
Short-term performance target: 140% of base salary; long-term incentive target: 330%.
Salary and short-term adjustments effective Feb 1, 2022; LTI effective Jan 1, 2022.
J. Kevin Fletcher to retire June 2022; his 2022 compensation unchanged.
Amendment discloses compensation details previously omitted from original 8-K.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

J. Kevin Fletcher

President and Chief Executive Officer

WEC · WEC ENERGY GROUP, INC.

Successor: Scott J. Lauber
Filed: December 3, 2021, 6:59 PM ET

J. Kevin Fletcher, currently President and Chief Executive Officer of the Company, announced his plan to retire in June 2022 and that he would serve as senior adviser from February 1, 2022 until his retirement.

Appointed

Scott J. Lauber

President and Chief Executive Officer

WEC · WEC ENERGY GROUP, INC.

Effective: 2022-02-01
Filed: December 3, 2021, 6:59 PM ET

Scott J. Lauber was appointed President and Chief Executive Officer of the Company effective February 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Kevin Fletcher departed as President and Chief Executive Officer at WEC ENERGY GROUP, INC..

Action: retire
Role: President and Chief Executive Officer

Exact text from the filing

J. Kevin Fletcher, currently President and Chief Executive Officer of the Company, announced his plan to retire in June 2022 and that he would serve as senior adviser from February 1, 2022 until his retirement.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott J. Lauber was appointed as President and Chief Executive Officer at WEC ENERGY GROUP, INC..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

Scott J. Lauber was appointed President and Chief Executive Officer of the Company effective February 1, 2022.

View on SEC.gov

WEC ENERGY GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000107815-21-000293

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