Scott J. Lauber has been the President and CEO of WEC Energy Group since February 2022. He was appointed as part of a long-term succession plan. Before taking on this CEO role, he had a rich history with the company,...
Scott J. Lauber has been the President and CEO of WEC Energy Group since February 2022. He was appointed as part of a long-term succession plan. Before taking on this CEO role, he had a rich history with the company, joining in 1990 and taking on various leadership positions. Scott served as Senior Executive Vice President and Chief Operating Officer from June 2020, after being Chief Financial Officer for several years. His journey reflects a steady climb through the ranks as he gained extensive experience in management and operations. Notably, his total compensation in 2023 reached about $9.55 million, positioning him well in comparison to industry standards, though he received no reported bonuses that year. Interestingly, in 2022, he participated in significant stock transactions, marking monthly trading values that peaked at over $8 million. This highlights his strong belief in the company's future. His steady commitment to enhancing cash flow and earnings metrics demonstrates his focus on performance and financial health. For those interested, his educational background is not specified, but his practice and experience speak volumes.