President of WEC Energy Resigns After Suffering a Stroke
|Allen Leverett, President of WEC Energy Resigns|
It was recently announced that the president of WEC Energy Group Inc, Allen Leverett, resigned from his position after suffering a stroke the previous year. The 52-year-old executive, whose take-home pay was reported by Salary.com at $4.1 million last year, has been on medical leave leading up to his resignation, but will continue to serve on the board. WEC Energy Group, based in Milwaukee, WI, serves 4.4 million customers across four states with $1.2 billion in profit recorded in 2017.
Read the full story here.
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The advisor on this case realized that his client's projected future earnings of $130 million were greatly exposed. To alleviate the exposure, the advisor requested $30 million of permanent total disability to protect the player if he should suffer a career ending disability or illness before signing his mega contract.
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