WEC Energy Group, Inc. ·WEC

Regulated utility holding company with COO overseeing multi-state operations

Energy · Fortune #451 · Holding structure · 7K employees · Milwaukee, Wisconsin

5
CEO span
↓ tighter than peers (avg 10)
2.6
Avg span
moderate
2
Max depth
2 levels
4.2 yr
Avg tenure
60%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$9.8B
Operating income
$2.2B
Net income
$640M
Total assets
$51.5B
Shares out
326M

Sourced from WEC Energy Group, Inc. DEF 14A · filed 2026-03-26 ↗ View on SEC

Interactive org chart

WEC Energy Group, Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

WEC Energy Group operates a lean, regulated-utility holding structure with operations centralized under a powerful COO. This page maps the executive team, reporting lines, recent leadership changes, and compares WEC’s structure with peer utilities.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Michael W. Hooper moved into Executive Vice President and COO

Appointed COO effective May 11, 2025.

Source · See change log

Scenario views in the chart

  • Add Chief AI & Analytics Officer Creates a new enterprise role to oversee grid analytics, forecasting and AI-driven operations.
  • COO Departure: Rebalance Operations Explores redistributing operational oversight directly to subsidiary presidents.

Atlas work this supports

  • Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
  • Connect Salesforce Map your target accounts like this. Import contacts, visualize decision chains, plan multi-threading.
  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Scott J. Lauber

President and Chief Executive Officer

Executive

4 yr

5 reports

Michael W. Hooper

Executive Vice President and Chief Operating Officer

Operations

2 yr

0 reports

internal

Xia Liu

Executive Vice President and Chief Financial Officer

Finance

5 yr

0 reports

internal

Margaret C. Kelsey

Executive Vice President, General Counsel and Corporate Secretary

Legal

6 yr

0 reports

internal

Robert M. Garvin

Executive Vice President – External Affairs

External Affairs

7 yr

0 reports

Open Role

Chief Audit Officer

Audit

1 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

Scott J. Lauber $12.2M
Base salary
$1.21M
Stock awards
$5.41M
Option awards
$990K
Non-equity incentive
$3.54M
Pension change
$486K
Other
$565K
Fiscal year
FY2025

The businesses

How WEC Energy Group, Inc. divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Utility Operations

5K employees

Chief Operating Officer (Michael W. Hooper)

Oversees electric and gas utility operations across Wisconsin, Illinois and other Midwest states.

Finance

400 employees

Chief Financial Officer (Xia Liu)

Manages capital planning, treasury, investor relations and financial reporting.

Legal & Governance

200 employees

General Counsel (Margaret C. Kelsey)

Handles legal, regulatory, compliance and corporate governance matters.

The thesis

Why this org is unusual

The most distinctive feature of WEC Energy Group’s structure is its classic regulated utility holding-company model, with operational authority centralized under a COO while earnings are generated almost entirely by regulated subsidiaries.

The CEO has a relatively tight span of control, with core enterprise functions—finance, legal, operations, external affairs and audit—reporting directly.

Unlike many diversified utilities, WEC maintains limited non-regulated exposure, which reduces the need for divisional CEOs. The COO role is therefore pivotal, coordinating Wisconsin, Illinois and other-state utility operations, transmission investments and infrastructure execution across subsidiaries.

  • COO centralizes multi-state utility operations
  • Lean enterprise C-suite for a Fortune 500 utility holding company

The comparison

How WEC Energy Group, Inc. stacks up

Compared with peer regulated utilities such as Xcel Energy, Ameren and DTE Energy, WEC Energy Group’s structure is slightly leaner at the enterprise level. Peers often layer multiple segment presidents between the CEO and operating utilities, while WEC concentrates authority in the COO. This results in fewer C-suite …

C-suite size

WEC Energy Group, Inc.
6
Ameren
10

Reporting depth

WEC Energy Group, Inc.
2 levels
4 levels
Ameren
4 levels
5 levels
4 levels

Avg C-suite tenure

WEC Energy Group, Inc.
4 yr
Ameren
4 yr

Has COO / Has CAIO

WEC Energy Group, Inc. ✓ COO — no CAIO
Xcel Energy ✓ COO — no CAIO
Ameren ✓ COO — no CAIO
DTE Energy ✓ COO — no CAIO
CMS Energy — no COO — no CAIO

Current signals

What changed recently

The most significant recent change was Michael Hooper’s promotion to COO, consolidating operational oversight.

  • promoted
    Michael W. Hooper Executive Vice President and COO

    Appointed COO effective May 11, 2025.

    Source
  • Date not confirmed departed
    Gale E. Klappa Non-Executive Chairman

    Retired from the board in May 2026 after reaching retirement age.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-03-26
CEO
Scott J. Lauber
CEO span
5
C-suite
5
Avg tenure
4.2 yr

COO role formalized to centralize operations.

Named executive officers (5)
  • Scott J. Lauber - President and CEO since 2022
  • Xia Liu - EVP and CFO since 2020
  • Michael W. Hooper - EVP and COO since 2025
  • Margaret C. Kelsey - EVP, General Counsel since 2019
  • Robert M. Garvin - EVP – External Affairs since 2018

Frequently Asked Questions

Who is the CEO of WEC Energy Group?

Scott J. Lauber has served as President and CEO since February 2022.

What type of organizational structure does WEC Energy Group use?

WEC Energy Group operates as a regulated utility holding company with centralized enterprise functions.

How many direct reports does WEC Energy Group's CEO have?

The CEO has five direct reports, including the COO, CFO and General Counsel.

How has WEC Energy Group's leadership changed recently?

In 2025, Michael Hooper was promoted to COO, and in 2026 long-time chairman Gale Klappa retired.

Does WEC Energy Group have a COO?

Yes. Michael W. Hooper has served as Executive Vice President and COO since May 2025.

Sources

  • Company Proxy Statement, Mar 2026
  • DEF 14A Filing, Mar 2026
  • SEC EDGAR: WEC Energy Group, Inc. DEF 14A Proxy Statement
  • SEC EDGAR: WEC Energy Group, Inc. 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). WEC Energy Group, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/wec-energy-group/
MLA 9th
"WEC Energy Group, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/wec-energy-group/. Accessed .
Chicago 17
Creately. "WEC Energy Group, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/wec-energy-group/.
Original SEC source View on SEC ↗
WEC Energy Group, Inc.. DEF 14A. Filed 2026-03-26. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/783325/000078332526000035/wec-20260324.htm

Permanent URL: https://creately.com/org-chart/fortune-500/wec-energy-group/ · last updated 2026-04-01

Turn this benchmark into your Atlas workspace. Import your own people data, compare spans and layers, and test scenario plans before changing the live org.