Gale E. Klappa
2015
In 2015, Gale E. Klappa earned a total compensation of $13.8M as Chairman of the Board and Chief Executive Officer at WEC Energy Group, a 11% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $2,573,492 |
|---|---|
| Non-Equity Incentive Plan | $3,454,116 |
| Option Awards | $809,646 |
| Salary | $1,324,739 |
| Stock Awards | $5,388,193 |
| Other | $276,582 |
| Total | $13,826,768 |
Klappa received $5.4M in stock awards, accounting for 39% of the total pay in 2015.
Klappa also received $2.6M of change in pension value and nonqualified deferred compensation earnings, $3.5M in non-equity incentive plan, $809.6K in option awards, $1.3M in salary and $276.6K in other compensation.
Rankings
In 2015, Gale E. Klappa's compensation ranked 275th out of 13,638 executives tracked by ExecPay. In other words, Klappa earned more than 98.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 275 out of 13,638 | 98th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 35 out of 1,025 | 97th |
Major group Electric, Gas, And Sanitary Services | 4 out of 385 | 99th |
Industry group Combination Electric And Gas, And Other Utility | 1 out of 97 | 99th |
Industry Electric and Other Services Combined | 1 out of 87 | 99th |
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 2015.