Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Scott J. Lauber earned $1.59M in total compensation at WEC Energy Group, primarily from $1.09M salary. Most recently sold 2,830 shares in Feb 2024. Currently holds stock worth $6.00M. 3+ years at the helm of WEC Energy Group.

Compensation History

Annual executive compensation data for Scott J. Lauber, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.59M

Salary

$1.09M

Bonus

$0.00

Other

$504.54K

Salary

$1.09M

Board Justification

The compensation program is designed to attract and retain key individuals, aligning with company performance and market benchmarks.

Bonus

$0.00

Board Justification

No bonus was reported for 2023.

Other Compensation

$504.54K

Board Justification

Includes various perquisites and benefits such as financial planning services, 401(k) matching, and retention credits.

Restricted Stock

$0.000 N/A

Board Justification

No stock grants were vested in 2023 as the focus is on cash compensation.

Performance Metrics

The performance metrics for 2023 included earnings per share and cash flow, with maximum payouts achieved.

W

Scott J. Lauber

CEO of WEC Energy Group

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Utilities

Born

January 1, 1965 - 60 years ago

CEO of WEC Energy Group for

3 years 10 months (Feb 2022 - Present)

Previous Experience

Senior Executive Vice President and Chief Operating Officer since June 1, 2020

Holdings

Track Scott J. Lauber's stock holdings and portfolio value over time.

Total Stock Sold

$2.52M

WEC

$2.52M

31,790 WEC shares

What if they kept their stock?

If Scott J. Lauber didn't sell their stock, today they would have:
Extra WEC31,790 shares worth $3.36M.
This is 33.57% and $844.67K more than what they got when they sold the stock.

Insider Trading

Scott J. Lauber's recent stock transactions, purchases, and sales filed with the SEC.

WEC

$223.25K

WEC at $78.89/share

Feb 29, 2024

Sale

WEC

12,820 shares

WEC

Jan 2, 2024

Received

WEC

6,926 shares

WEC

Jan 3, 2023

Received

WEC

$485.88K

WEC at $97.18/share

Nov 22, 2022

Sale

WEC

5,510 shares

WEC

Jan 3, 2022

Received

WEC

3,248 shares

WEC

Jan 4, 2021

Received

WEC

406 shares

WEC

Jul 1, 2020

Received

WEC

2,382 shares

WEC

Jan 2, 2020

Received

WEC

$668.18K

WEC at $88.38/share

Aug 7, 2019

Sale

WEC

$277.20K

WEC at $82.50/share

May 24, 2019

Sale

Rivals

Compare Scott J. Lauber with competitor CEOs and industry peers.