Michael Hooper appointed President of Wisconsin Utilities at WEC Energy Group, effective April 1, 2024

WEC ENERGY GROUP, INC.

Hooper will report to CEO Scott Lauber; previously President of NIPSCO (NiSource subsidiary).
Base salary set at $650,000; short-term incentive target 80% of base; long-term incentive target 170% of base.
Company to credit $300,000 annually to Executive Deferred Compensation Plan for five years, vesting at fifth anniversary.
2024 long-term awards at 170% target level with standard mix of performance units, restricted stock, and stock options.

item 5.02 item 9.01

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Appointed

Michael Hooper

President Wisconsin Utilities

WEC · WEC ENERGY GROUP, INC.

Effective: 2024-04-01
Filed: March 12, 2024, 7:59 PM ET

On March 7, 2024, Michael Hooper and WEC Energy Group, Inc. (the “Company”) entered into an agreement pursuant to which Mr. Hooper, age 50, will serve as President Wisconsin Utilities, effective April 1, 2024.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Michael Hooper was appointed as President Wisconsin Utilities at WEC ENERGY GROUP, INC..

Action: appointed
Role: President Wisconsin Utilities

Exact text from the filing

On March 7, 2024, Michael Hooper and WEC Energy Group, Inc. (the “Company”) entered into an agreement pursuant to which Mr. Hooper, age 50, will serve as President Wisconsin Utilities, effective April 1, 2024.

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WEC ENERGY GROUP, INC. filing history →

Source: SEC EDGAR

accession 0000107815-24-000113

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