ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
In recognition of his strong, continued leadership and to ensure the ongoing
mentoring of the next generation of leadership of WEC Energy Group, Inc. (the
"Company"), the Company's Board of Directors has determined that Gale E. Klappa,
Executive Chairman of the Company, should continue to serve as Executive
Chairman until May 2024. On October 21, 2020, Mr. Klappa entered into a written
agreement with the Company highlighting, among other things, that his
compensation will be determined in the same manner and subject to the same
timing as the Board's Compensation Committee utilizes for all other named
executive officers of the Company. The agreement, which was approved by the
Compensation Committee, also provides that Mr. Klappa's employment is at-will.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
10.1 Letter Agreement between Gale E. Klappa and WEC Energy Group, Inc., dated
October 21, 2020.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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