Gale E. Klappa
2014
In 2014, Gale E. Klappa earned a total compensation of $12.5M as Chairman of the Board and Chief Executive Officer at WEC Energy Group, a 28% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,647,425 |
|---|---|
| Non-Equity Incentive Plan | $3,289,058 |
| Option Awards | $1,061,898 |
| Salary | $1,283,040 |
| Stock Awards | $3,969,744 |
| Other | $246,641 |
| Total | $12,497,806 |
Klappa received $4M in stock awards, accounting for 32% of the total pay in 2014.
Klappa also received $2.6M of change in pension value and nonqualified deferred compensation earnings, $3.3M in non-equity incentive plan, $1.1M in option awards, $1.3M in salary and $246.6K in other compensation.
Rankings
In 2014, Gale E. Klappa's compensation ranked 339th out of 13,032 executives tracked by ExecPay. In other words, Klappa earned more than 97.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 339 out of 13,032 | 97th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 41 out of 972 | 96th |
Major group Electric, Gas, And Sanitary Services | 10 out of 395 | 98th |
Industry group Combination Electric And Gas, And Other Utility | 3 out of 97 | 97th |
Industry Electric and Other Services Combined | 3 out of 91 | 97th |
Source: SEC filing on March 24, 2016.
Klappa's colleagues
We found four more compensation records of executives who worked with Gale E. Klappa at WEC Energy Group in 2014.