WEC Energy Group (WEC) executive compensation, 2026 proxy

Scott J. Lauber, President and CEO, was paid $12.2M in 2025, up 11% from $10.9M the year before. The CEO-to-median-employee pay ratio was 92:1, on median employee pay of $133,113.

Filed
March 26, 2026
Annual meeting
May 7, 2026
Pay year
2025
Named executives
5
CEO total pay
$12.2M+11% vs prior year
CEO to median employee
92:1median $133,113
CEO pay in equity
52%$6.4M in awards
Prior say-on-pay support
93%of votes cast
CEO variable pay
89%Of total direct compensation
Other NEOs variable pay
78%Average of other NEOs
Quarterly dividend increase
6.7%Effective January 2026
Five-year capital plan
$37.5BPlanned capital investment

How Lauber was paid

$12.2M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Stock awards44%Option awards8%Non-equity incentive29%Pension and deferred comp4%All other compensation5%

Named executive officers

ExecutiveTotal
Scott J. LauberPresident and CEO$12,188,492
Xia LiuExecutive Vice President and CFO$5,093,789
Michael W. HooperExecutive Vice President and COO$3,643,371
Margaret C. KelseyExecutive Vice President, General Counsel and Corporate Secretary$2,979,518
Robert M. GarvinExecutive Vice President - External Affairs$2,836,292

What changed and why

  • $12.2MCEO total compensation increased to $12,188,492 in 2025 compared to $10,948,091 in 2024.
  • 93.2%Stockholders approved the 2025 say-on-pay proposal with 93.2% support at the annual meeting.
  • Eighty-nine percent of the CEO's total direct compensation was tied to company performance and variable.
  • $37.5BThe company announced its largest ever five-year capital plan calling for $37.5 billion of investment.
  • Employees achieved their best year on record for safety in 2025 based on DART-recordable injuries.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.