Scott Lauber was named president and chief executive officer of WEC Energy Group and appointed to the board of directors in February 2022. He became president — We Energies, Wisconsin Public Service, Michigan Gas Utilities and Minnesota Energy Resources in January 2022, and president — Upper Michigan Energy Resources in February 2022.
In the president roles, Lauber is responsible for business operations for WEC Energy Group’s utilities in Wisconsin, Michigan and Minnesota.
Lauber previously served as senior executive vice president and joined the Office of the Chair in January 2019, and became chief operating officer in June 2020. In the executive vice president and COO role, Lauber had senior oversight responsibility for Information Technology, Major Projects, Power Generation, Supply Chain, Supplier Diversity, and WEC Infrastructure and Fuels.
Lauber joined Wisconsin Energy Corp. in 1990 and has held positions of increasing responsibility, including financial manager — distribution operations, and manager — corporate accounting and budgeting. In 2003, he was appointed controller — delivery business. In 2011, he was appointed assistant treasurer. He was named vice president and treasurer for Wisconsin Energy and its utility subsidiary, We Energies, in February 2013. He became vice president and treasurer for WEC Energy Group when the company was formed in June 2015. In April 2016, he was named executive vice president and chief financial officer for WEC Energy Group, and added the responsibility of treasurer in October 2018. He was named senior executive vice president, chief financial officer and treasurer for WEC Energy Group and appointed to the Office of the Chair in January 2019, ceding his treasurer duties in October 2019 and his chief financial officer duties in June 2020.
Previously, Lauber was a staff accountant in Arthur Andersen’s Milwaukee office.
Lauber graduated with honors from the University of Wisconsin — Whitewater and holds a Bachelor of Business Administration degree in accounting. He also is a certified public accountant.
Lauber is on the board of directors of American Transmission Co.
What is Scott J. Lauber's net worth?
The estimated net worth of Scott J. Lauber is at least $4.28 million as of February 29th, 2024. Mr. Lauber owns 43,125 shares of WEC Energy Group stock worth more than $4,280,588 as of November 21st. This net worth estimate does not reflect any other investments that Mr. Lauber may own. Additionally, Mr. Lauber receives an annual salary of $4,740,000.00 as President, CEO & Director at WEC Energy Group. Learn More about Scott J. Lauber's net worth.
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Who are WEC Energy Group's active insiders?
WEC Energy Group's insider roster includes Joshua Erickson (VP), Robert Garvin (EVP), Gale Klappa (Chairman), Thomas Lane (Director), Scott Lauber (President, CEO & Director), William Mastoris (EVP), Charles Matthews (CEO), Tom Metcalfe (Insider), Molly Mulroy (EVP), Ulice Payne, Jr. (Director), Anthony Reese (VP), James Schubilske (VP), Mary Straka (VP), and Glen Tellock (Director). Learn More on WEC Energy Group's active insiders.
Are insiders buying or selling shares of WEC Energy Group?
During the last twelve months, insiders at the utilities provider sold shares 9 times. They sold a total of 54,117 shares worth more than $4,456,503.86. The most recent insider tranaction occured on November, 18th when Director Gale E Klappa sold 1,805 shares worth more than $179,417.00. Insiders at WEC Energy Group own 0.3% of the company.
Learn More about insider trades at WEC Energy Group. Information on this page was last updated on 11/18/2024.