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Posted 03 June, 2022

WEC ENERGY GROUP, INC. appointed new CEO

CEO Change detected for ticker NYSE:WEC in a 8-K filed on 03 June, 2022.


  Consistent with previous disclosure, J. Kevin Fletcher, formerly the President and Chief Executive Officer of WEC Energy Group, Inc. (the "Company"), retired from the Company effective June 1, 2022.  

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Overview of WEC ENERGY GROUP, INC.
Companies on the Energy Service • Multiutilities
WEC Energy Group, Inc. is a holding company, which engages in the generation and distribution of electricity and natural gas. It operates through the following segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure and Corporate & Other. The Wisconsin segment refers to the electric and gas utility operations. The Illinois segment deals with natural gas utility and non-utility activities. The Other States segment pertains to natural gas operations of the firm's subsidiaries. The Electric Transmission segment holds interests in state regulatory commissions. The Non-Utility Energy Infrastructure segment includes Wisconsin Electric Power, which owns and leases generating facilities. The Corporate and Other segment refers to the firm's administrative and holding activities. The company was founded in 1981 and is headquartered in Milwaukee, WI.
Market Cap
$33.2B
View Company Details
WEC ENERGY GROUP, INC. by TradingView
Relevant filing section
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.


Consistent with previous disclosure, J. Kevin Fletcher, formerly the President and Chief Executive Officer of WEC Energy Group, Inc. (the "Company"), retired from the Company effective June 1, 2022.


In light of Mr. Fletcher's service and significant contributions to the success of the Company, the Compensation Committee of the Company's Board of Directors approved the acceleration of the vesting of unvested shares of restricted stock awarded to Mr. Fletcher, consisting of approximately 9,707 shares, effective June 1, 2022.


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