Gale E. Klappa
2011
In 2011, Gale E. Klappa earned a total compensation of $11.3M as Chairman of the Board and Chief Executive Officer of WEC, WE and WG President of WE and WG at WEC Energy Group, a 10% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $3,041,481 |
|---|---|
| Non-Equity Incentive Plan | $2,724,879 |
| Option Awards | $341,469 |
| Salary | $1,174,168 |
| Stock Awards | $3,849,042 |
| Other | $215,408 |
| Total | $11,346,447 |
Klappa received $3.8M in stock awards, accounting for 34% of the total pay in 2011.
Klappa also received $3M of change in pension value and nonqualified deferred compensation earnings, $2.7M in non-equity incentive plan, $341.5K in option awards, $1.2M in salary and $215.4K in other compensation.
Rankings
In 2011, Gale E. Klappa's compensation ranked 285th out of 10,747 executives tracked by ExecPay. In other words, Klappa earned more than 97.3% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 285 out of 10,747 | 97th |
Division Transportation, Communications, Electric, Gas, And Sanitary Services | 32 out of 883 | 96th |
Major group Electric, Gas, And Sanitary Services | 9 out of 362 | 98th |
Industry group Combination Electric And Gas, And Other Utility | 1 out of 77 | 99th |
Industry Electric and Other Services Combined | 1 out of 66 | 99th |
Source: SEC filing on March 20, 2014.
Klappa's colleagues
We found four more compensation records of executives who worked with Gale E. Klappa at WEC Energy Group in 2011.