Gale E. Klappa
2009
In 2009, Gale E. Klappa earned a total compensation of $11.6M as Chairman of the Board, President and Chief Executive Officer of WEC, WE and WG at WEC Energy Group, a 23% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,450,367 |
|---|---|
| Non-Equity Incentive Plan | $2,286,241 |
| Option Awards | $2,309,953 |
| Salary | $1,129,008 |
| Stock Awards | $3,191,032 |
| Other | $212,627 |
| Total | $11,579,228 |
Klappa received $3.2M in stock awards, accounting for 28% of the total pay in 2009.
Klappa also received $2.5M of change in pension value and nonqualified deferred compensation earnings, $2.3M in non-equity incentive plan, $2.3M in option awards, $1.1M in salary and $212.6K in other compensation.
Rankings
In 2009, Gale E. Klappa's compensation ranked 163rd out of 9,885 executives tracked by ExecPay. In other words, Klappa earned more than 98.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 163 out of 9,885 | 98th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 26 out of 872 | 97th |
Major group Electric, Gas, And Sanitary Services | 6 out of 393 | 99th |
Industry group Combination Electric And Gas, And Other Utility | 1 out of 106 | 99th |
Industry Electric and Other Services Combined | 1 out of 90 | 99th |
Source: SEC filing on March 26, 2012.
Klappa's colleagues
We found four more compensation records of executives who worked with Gale E. Klappa at WEC Energy Group in 2009.