Allen L. Leverett served as the CEO of WEC Energy Group from 2016 to 2018, after being President since 2013. His journey to the top began after he joined the company in 2003 as Chief Financial Officer. Leverett was responsible...

Current Market Cap

$31.28B

Number of Employees

7K

Total Compensation

2016 - 2018

Trending down by -100.00% last year
Showing total compensation for the last 2016 - 2018

Stock

Up by 0.00% last year

Salary

Down by -100.00% last year

Bonus

Down by -100.00% last year

Other

Down by -100.00% last year

Year

2018

Total Compensation

$0.00

Salary

$0.00

Board Justification

The compensation philosophy of WEC Energy Group aims to provide competitive, performance-based compensation that aligns with the company's long-term goals and stockholder interests.

Bonus

$0.00

Board Justification

Mr. Leverett's target award level under the Short-Term Performance Plan (STPP) remained unchanged at 125% of base salary, but he did not receive any bonus due to his resignation as President in October 2018.

Other

$0.00

Board Justification

Mr. Leverett did not receive any non-management director compensation during 2018 as he resigned his position as President but continued to serve as a member of the Board.

Restricted Stock

$0.00(0 RSU)

Board Justification

Mr. Leverett received a customary long-term incentive award in accordance with the Company’s standard practices for those on medical leave, but the specific amount is not detailed in the provided text.

Performance Metrics

Mr. Leverett's compensation was tied to the company's performance metrics under the STPP, which included financial results such as earnings per share and cash flow.

SEC Filing

From March 21, 2019