WEC Energy Group Non-Executive Chairman Appointment Letter Agreement with Gale E. Klappa

Contract Categories: Human Resources › Employment Agreements
Summary

WEC Energy Group has offered Gale E. Klappa the position of non-executive chairman following the conclusion of his current agreement in May 2024. The appointment is subject to annual board nomination and stockholder approval. By signing the letter, Mr. Klappa agrees to serve in this new capacity, continuing his leadership with the company. The agreement reflects the board's appreciation for his service and outlines the process for his continued involvement.

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EX-10.1 2 exhibit101.htm EX-10.1 Document
Exhibit 10.1

[WEC ENERGY GROUP LETTERHEAD]


November 8, 2023



Mr. Gale Klappa
833 E. Michigan St.
Suite 1490
Milwaukee, WI 53202

Dear Gale,

As we’ve discussed over the past several months, the board greatly appreciates the exceptional leadership you provide to our company and our industry. 

With your current agreement scheduled to conclude in May of next year, the board requests that you continue to serve the company thereafter in the role of non-executive chairman. 

The appointment, of course, is subject to annual board nomination and stockholder approval. 

Please indicate your willingness to serve in this capacity by signing below.  

We look forward to extending our long and productive relationship. 

Sincerely,

/s/ Ulice Payne, Jr.

Ulice Payne, Jr.
Chair, WEC Energy Group Compensation Committee




Acknowledged and Accepted:


/s/ Gale E. Klappa November 8, 2023
Gale E. Klappa Date