MILWAUKEE, Oct. 9, 2018 /PRNewswire/ -- WEC Energy
Group (NYSE: WEC) announced today that Allen Leverett, who has been on medical leave
since suffering a stroke last October, has decided to resign his
position as President of the company, but will continue to serve as
a member of the board of directors.
Leverett, age 52, has held senior leadership roles at WEC Energy
and its predecessor companies since 2003. He was named President
and Chief Executive Officer of the company in May 2016.
"I know I speak for the entire board in saying how delighted we
are that Allen will continue to bring his insight and experience to
our deliberations," said Gale
Klappa, Chairman and Chief Executive Officer.
WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier
energy companies, serving 4.5 million customers in Wisconsin, Illinois, Michigan and Minnesota.
The company's principal utilities are We Energies, Wisconsin
Public Service, Peoples Gas, North Shore Gas, Michigan Gas
Utilities, Minnesota Energy Resources and Upper Michigan Energy
Resources. The company's other major subsidiary, We Power,
designs, builds and owns electric generating plants.
WEC Energy Group (wecenergygroup.com), is a Fortune 500
company and a component of the S&P 500. The company has
approximately 50,000 stockholders of record, 8,000 employees, and
more than $31 billion of
assets.
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SOURCE WEC Energy Group