Klappa officially CEO at WEC Energy Group

Leverett continues to recover from stroke

Gale Klappa has taken over the role of chief executive officer as WEC Energy Group Inc.’s Allen Leverett continues to recover from a stroke last month.

Gale Klappa with Louis Woo of Foxconn at the MMAC All-Member meeting.

Klappa, 67, was chief executive officer of WEC and its predecessor, Wisconsin Energy Corp., from 2004 to May 2016, when Leverett succeeded him. Klappa was installed as interim CEO on Oct. 12 when the company announced CEO Leverett had been hospitalized. This week, WEC amended the appointment to remove Klappa’s interim title. The board voted on Klappa’s appointment as chairman and CEO on Nov. 9.

Leverett

Leverett, 51, has been released from the hospital and is undergoing rehabilitation including speech therapy. There is no estimate in terms of when he would be ready to return to WEC.

- Advertisement -

Klappa’s compensation for his new duties has not been established.

With six utilities serving 4.4 million electric and natural gas customers in four states, WEC Energy Group is one of the largest utilities – and one of the largest corporations – in the country. It has about $30 billion in assets, 8,500 employees and 55,000 stockholders of record.

Sign up for the BizTimes email newsletter

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

What's New

BizPeople

Sponsored Content

BIZEXPO | EARLY BIRD PRICING | REGISTER BY APRIL 15TH & SAVE

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.
BizTimes Milwaukee