LEGAL PROCEEDINGS
−Removed: The following should be read in conjunction with Note 24, Commitments and Contingencies, and Note 26, Regulatory Environment, in this report for additional information on material legal proceedings and matters related to us and our subsidiaries.
−Removed: In addition to those legal proceedings discussed in Note 24, Commitments and Contingencies, Note 26, Regulatory Environment, and below, we are currently, and from time to time, subject to claims and suits arising in the ordinary course of business.
+Added: In addition to those legal proceedings discussed in Note 24, Commitments and Contingencies, and Note 26, Regulatory Environment, we are currently, and from time to time, subject to claims and suits arising in the ordinary course of business.
Although the results of these additional legal proceedings cannot be predicted with certainty, management believes, after consultation with legal counsel, that the ultimate resolution of these proceedings will not have a material impact on our financial statements.
−Removed: Employee Retirement Savings Plan Matter
−Removed: In May 2022, a putative class action, Munt, et al.
−Removed: WEC Energy Group, Inc., et al., was filed in the United States District Court for the Eastern District of Wisconsin - Milwaukee Division.
−Removed: The plaintiffs allege that WEC Energy Group and others breached their fiduciary duties with respect to the operation and oversight of the Employee Retirement Saving Plan (the “Plan”) in violation of the Employee Retirement Income Security Act of 1974, as amended.
−Removed: The class is alleged to be participants in the Plan from May 10, 2016 through the date of judgment.
−Removed: The complaint seeks injunctive relief, damages, interest, costs, and attorneys' fees.
−Removed: The Company is vigorously defending against the allegations made in this lawsuit and intends to continue to do so.
MINE SAFETY DISCLOSURES
6 unchanged sentences
There are no family relationships among these officers, nor is there any agreement or understanding between any officer and any other person pursuant to which the officer was selected.
−Removed: • WEC Business Services (a centralized service company of WEC Energy Group) – Vice President and Deputy General Counsel since August 2021.
+Added: • WEC Business Services (a centralized service company of WEC Energy Group) – Assistant Corporate Secretary since January 2025.
+Added: Vice President and Deputy General Counsel since August 2021.
Director-Legal Services – Corporate and Finance from June 2015 through July 2021.
+Added: • WE — Assistant Corporate Secretary since January 2025.
• WEC Energy Group — Executive Vice President - External Affairs since June 2015.
3 unchanged sentences
• WE — Vice President and Controller since October 2015.
−Removed: Assistant Corporate Secretary since January 2020.
+Added: Assistant Corporate Secretary from January 2020 to December 2024.
+Added: • WEC Business Services (a centralized service company of WEC Energy Group) — Director since April 2024.
+Added: • WE — President since April 2024.
+Added: • NiSource, Inc.
+Added: — Senior Vice President and President, NIPSCO from May 2020 to March 2024.
+Added: Senior Vice President, Regulatory, Legislative Affairs and Strategy from 2018 to 2020.
+Added: NiSource is a public utility holding company whose operating subsidiaries provide natural gas and electric service to customers across Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia.
+Added: NIPSCO is a public natural gas and electric utility company in Indiana.
• WEC Energy Group — Executive Vice President, Corporate Secretary and General Counsel since January 2018.
1 unchanged sentence
Director since January 2018.
−Removed: • WEC Energy Group — Executive Chairman since February 2019.
−Removed: Chairman of the Board and Chief Executive Officer from October 2017 to February 2019, and from May 2004 to May 2016.
−Removed: Non-Executive Chairman of the Board from May 2016 to October 2017.
−Removed: President from April 2003 to August 2013.
−Removed: Director since December 2003.
−Removed: • WE — Director since January 2018, and from December 2003 to May 2016.
−Removed: Chairman of the Board from January 2018 to February 2019, and from May 2004 to May 2016.
−Removed: Chief Executive Officer from January 2018 to February 2019, and from August 2003 to May 2016.
−Removed: President from April 2003 to June 2015.
−Removed: • WEC Business Services (a centralized service company of WEC Energy Group) — Executive Vice President - WEC Infrastructure since January 2019.
+Added: • WEC Business Services (a centralized service company of WEC Energy Group) — Executive Vice President - Infrastructure and Generation Planning since October 2023.
+Added: Executive Vice President from January 2019 to October 2023.
• WEC Energy Group — President and Chief Executive Officer since February 2022.
1 unchanged sentence
Senior Executive Vice President and Chief Financial Officer from October 2019 to June 2020.
−Removed: Senior Executive Vice President, Chief Financial Officer and Treasurer from February 2019 to October 2019.
−Removed: Executive Vice President, Chief Financial Officer and Treasurer from October 2018 to February 2019.
Director since February 2022.
• WE — Chairman of the Board and Chief Executive Officer since February 2022.
−Removed: President since January 1, 2022.
+Added: President from January 2022 to April 2024.
Executive Vice President from June 2020 to December 2021.
Executive Vice President and Chief Financial Officer from October 2019 to June 2020.
−Removed: Executive Vice President, Chief Financial Officer and Treasurer from October 2018 to October 2019.
Director since April 2016.
7 unchanged sentences
is a public utility holding company whose operating subsidiaries provide electric and natural gas service to customers in parts of the South and Midwest.
−Removed: • Georgia Power Company — Executive Vice President, Chief Financial Officer and Treasurer from October 2017 to April 2019.
−Removed: Georgia Power Company is a utility subsidiary of The Southern Company that provides electric service to customers throughout Georgia.
2024 Form 10-K 46
1 unchanged sentence
William Mastoris.
−Removed: • WEC Business Services (a centralized service company of WEC Energy Group) – Executive Vice President – Customer Service and Operations since December 2021.
+Added: • WEC Business Services (a centralized service company of WEC Energy Group) – Vice President since June 2024.
+Added: Executive Vice President – Customer Service and Operations from December 2021 to June 2024.
Vice President – Supply Chain and Fleet from January 2019 through November 2021.
−Removed: Director since November 2021.
−Removed: • WE – Executive Vice President – Customer Service and Operations since December 2021.
−Removed: Director since November 2021.
+Added: Director from November 2021 to December 2024.
+Added: • WE – Executive Vice President – Customer Service and Operations from December 2021 to June 2024.
+Added: Director from November 2021 to June 2024.
• WEC Business Services (a centralized service company of WEC Energy Group) – Executive Vice President and Chief Administrative Officer since August 2021.
3 unchanged sentences
• WE — Vice President and Treasurer since October 2019.
−Removed: • PGL – Controller - Illinois from September 2015 to September 2019.
Mary Beth Straka.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.