Gale E. Klappa
2012
In 2012, Gale E. Klappa earned a total compensation of $13.1M as Chairman of the Board and Chief Executive Officer of WEC, WE and WG President of WE and WG at WEC Energy Group, a 15% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $3,938,995 |
|---|---|
| Non-Equity Incentive Plan | $2,951,811 |
| Option Awards | $763,287 |
| Salary | $1,209,393 |
| Stock Awards | $3,991,025 |
| Other | $223,467 |
| Total | $13,077,978 |
Klappa received $4M in stock awards, accounting for 31% of the total pay in 2012.
Klappa also received $3.9M of change in pension value and nonqualified deferred compensation earnings, $3M in non-equity incentive plan, $763.3K in option awards, $1.2M in salary and $223.5K in other compensation.
Rankings
In 2012, Gale E. Klappa's compensation ranked 236th out of 11,487 executives tracked by ExecPay. In other words, Klappa earned more than 97.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 236 out of 11,487 | 98th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 22 out of 916 | 98th |
Major group Electric, Gas, And Sanitary Services | 5 out of 390 | 99th |
Industry group Combination Electric And Gas, And Other Utility | 2 out of 96 | 98th |
Industry Electric and Other Services Combined | 2 out of 86 | 98th |
Source: SEC filing on March 26, 2015.
Klappa's colleagues
We found six more compensation records of executives who worked with Gale E. Klappa at WEC Energy Group in 2012.
2012
Frederick Kuester
WEC Energy Group
Executive Vice President of WEC, WE and WG
2012
Kristine Rapp
WEC Energy Group
Chief Administrative Officer
2012
Allen Leverett
WEC Energy Group
President of WEC Executive Vice President of WE and WG
2012
James Fleming
WEC Energy Group
General Counsel
2012
Robert Garvin
WEC Energy Group
Senior Vice President of WEC, WE and WG
2012
J Keyes
WEC Energy Group