MILWAUKEE, Oct. 25, 2021 /PRNewswire/ -- The board of
directors of WEC Energy Group (NYSE: WEC) today took the next steps
in the company's succession planning process, providing continuity
and senior leadership for the next chapter of the company's growth,
development and service to customers.
- Gale Klappa will continue to
serve as executive chairman until May
- Scott Lauber, currently chief
operating officer, is promoted to president and chief executive
officer effective Feb. 1, 2022.
In his new role, Lauber will report to Klappa.
- Kevin Fletcher, currently
president and chief executive officer, has announced his plan to
retire. From Feb. 1, 2022,
until his retirement in June, Fletcher will serve as a senior
adviser to help ensure a seamless transition.
"On behalf of the board, I want to thank Kevin for guiding the
operations of the company and extending our track record of
world-class performance," said Klappa. "Over the past several
years, Kevin and I have worked hand in hand to build and strengthen
our leadership team. The depth and commitment of our officer
group is a testament to that effort."
"As we look forward, we know that Scott
Lauber's experience and demonstrated results over a
wide-ranging, 31-year career at the company have prepared him well
for the opportunities ahead," Klappa added. "Our future is
Complete biographies of Lauber, Fletcher and Klappa are
available at the following links:
J. Kevin Fletcher
WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier
energy companies, serving 4.6 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. Another major subsidiary, We Power, designs, builds and
owns electric generating plants. In addition, WEC Infrastructure
LLC owns a growing fleet of renewable generation facilities in the
WEC Energy Group (wecenergygroup.com) is a Fortune 500
company and a component of the S&P 500. The company has
approximately 41,000 stockholders of record, 7,200 employees and
more than $37 billion of
SOURCE WEC Energy Group