Gale E. Klappa
2010
In 2010, Gale E. Klappa earned a total compensation of $10.3M as Chairman of the Board, President and Chief Executive Officer of WEC, WE and WG at WEC Energy Group, a 11% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,399,257 |
|---|---|
| Non-Equity Incentive Plan | $2,462,868 |
| Option Awards | $393,835 |
| Salary | $1,129,008 |
| Stock Awards | $3,716,818 |
| Other | $214,033 |
| Total | $10,315,819 |
Klappa received $3.7M in stock awards, accounting for 36% of the total pay in 2010.
Klappa also received $2.4M of change in pension value and nonqualified deferred compensation earnings, $2.5M in non-equity incentive plan, $393.8K in option awards, $1.1M in salary and $214K in other compensation.
Rankings
In 2010, Gale E. Klappa's compensation ranked 304th out of 10,439 executives tracked by ExecPay. In other words, Klappa earned more than 97.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 304 out of 10,439 | 97th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 28 out of 909 | 97th |
Major group Electric, Gas, And Sanitary Services | 6 out of 401 | 99th |
Industry group Combination Electric And Gas, And Other Utility | 1 out of 90 | 99th |
Industry Electric and Other Services Combined | 1 out of 78 | 99th |
Source: SEC filing on March 22, 2013.
Klappa's colleagues
We found four more compensation records of executives who worked with Gale E. Klappa at WEC Energy Group in 2010.