Scott J.  Lauber net worth and biography

Scott Lauber Biography and Net Worth

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 $3.51 million as of February 29th, 2024. Mr. Lauber owns 43,125 shares of WEC Energy Group stock worth more than $3,514,688 as of April 26th. 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 CFO at WEC Energy Group. Learn More about Scott J. Lauber's net worth.

How old is Scott J. Lauber?

Mr. Lauber is currently 58 years old. There are 8 older executives and no younger executives at WEC Energy Group. The oldest executive at WEC Energy Group is Mr. Gale E. Klappa, Executive Chairman of the Board, who is 73 years old. Learn More on Scott J. Lauber's age.

What is Scott J. Lauber's salary?

As the CFO of WEC Energy Group, Inc., Mr. Lauber earns $4,740,000.00 per year. The highest earning executive at WEC Energy Group is Mr. Gale E. Klappa, Executive Chairman of the Board, who commands a salary of $5,000,000.00 per year. Learn More on Scott J. Lauber's salary.

How do I contact Scott J. Lauber?

The corporate mailing address for Mr. Lauber and other WEC Energy Group executives is 231 WEST MICHIGAN STREET P O BOX 1331, MILWAUKEE WI, 53201. WEC Energy Group can also be reached via phone at (414) 221-2345 and via email at [email protected]. Learn More on Scott J. Lauber's contact information.

Has Scott J. Lauber been buying or selling shares of WEC Energy Group?

Scott J. Lauber has not been actively trading shares of WEC Energy Group during the past quarter. Learn More on Scott J. Lauber's trading history.

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 (CFO), 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 4 times. They sold a total of 42,110 shares worth more than $3,340,568.90. The most recent insider tranaction occured on February, 29th when CEO Scott J Lauber sold 2,830 shares worth more than $223,258.70. 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 2/29/2024.

Scott J. Lauber Insider Trading History at WEC Energy Group

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Scott J. Lauber Buying and Selling Activity at WEC Energy Group

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WEC Energy Group Company Overview

WEC Energy Group logo
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.
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Today's Range

Now: $81.50
Low: $81.39
High: $82.98

50 Day Range

MA: $80.25
Low: $76.55
High: $82.81

2 Week Range

Now: $81.50
Low: $75.13
High: $97.34

Volume

1,945,636 shs

Average Volume

2,126,661 shs

Market Capitalization

$25.71 billion

P/E Ratio

19.31

Dividend Yield

4.04%

Beta

0.4