WEC Energy Group Appoints Scott Lauber as Chairman
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2026
0mins
Source: PRnewswire
- Board Transition: WEC Energy Group announced that current Chairman Gale Klappa will retire after the May annual meeting, marking a significant leadership change that could impact the company's future strategic direction.
- Leadership Achievements: Under Klappa's tenure, the company achieved 23 consecutive years of dividend increases and unprecedented capital investments, enhancing customer reliability and underscoring his importance in the company's history.
- New Chairman Appointment: Scott Lauber will assume the role of chairman following the annual meeting; he has served as CEO since February 2022 and is expected to continue driving the company's success and stability.
- Economic Development Engagement: Klappa plans to remain actively involved in economic development matters post-retirement, continuing to contribute to the economic growth of the Milwaukee region, reflecting his long-term commitment to the community.
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Analyst Views on WEC
Wall Street analysts forecast WEC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WEC is 120.15 USD with a low forecast of 105.00 USD and a high forecast of 136.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
4 Buy
8 Hold
1 Sell
Hold
Current: 110.040
Low
105.00
Averages
120.15
High
136.00
Current: 110.040
Low
105.00
Averages
120.15
High
136.00
About WEC
WEC Energy Group, Inc. is a diversified holding company. The Company, through its wholly owned subsidiaries, provides or invests in regulated natural gas and electricity, and renewable energy, as well as non-regulated renewable energy. Its segments include Wisconsin, Illinois, Other states, electric transmission, non-utility energy and infrastructure, and corporate and other segment. The Wisconsin segment is engaged in the generation of electricity and the distribution of electricity and natural gas in Wisconsin and distributes natural gas to customers located in the Upper Peninsula of Michigan. The Illinois segment is engaged in the distribution of natural gas in Illinois. Other states segment engaged primarily in the distribution of natural gas in Minnesota and Michigan. The non-utility energy infrastructure segment consists of We Power, which owns electric power-generating facilities, and Bluewater, which owns underground natural gas storage facilities in Michigan.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
WEC Energy Group Schedules 2025 Q4 Earnings Release
- Earnings Release Schedule: WEC Energy Group will issue its 2025 fourth-quarter and full-year earnings report before the market opens on February 5, 2026, providing critical financial data and performance insights for investors.
- Investor Conference Call: A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time, offering real-time interaction opportunities that enhance transparency and foster investor relations.
- Financial Information Access: Detailed financial information will be available on WEC Energy Group's website by 6:30 a.m. Central time on February 5, ensuring shareholders and analysts can access the latest data promptly for informed decision-making.
- Company Overview: Serving 4.7 million customers with over $51 billion in assets, WEC Energy Group is a Fortune 500 company, solidifying its position and influence in the energy sector.
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WEC Energy Group Announces 2025 Earnings Release Schedule
- Earnings Release Schedule: WEC Energy Group is set to release its fourth-quarter and full-year earnings for 2025 before the market opens on February 5, 2026, providing crucial financial data to guide future investment decisions.
- Investor Conference Call: A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time, aimed at providing in-depth analysis of the earnings report and addressing investor inquiries to enhance market transparency.
- Customer Base: Serving 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota, WEC Energy Group demonstrates significant influence and market share in the U.S. energy sector.
- Company Scale: As a Fortune 500 company, WEC Energy Group has approximately 32,000 shareholders and 7,000 employees, with total assets exceeding $51 billion, reflecting its robust financial position and market standing in the energy industry.
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