| Type | Public (NYSE: TEG) S&P 500 Component |
|---|---|
| Industry | Energy |
| Headquarters | Chicago, Illinois, USA |
| Area served | Illinois Michigan Minnesota Wisconsin |
| Key people | Charles A. Schrock |
| Products | Natural Gas, Electricity |
| Employees | 5,025 |
| Subsidiaries | Integrys Energy Services Michigan Gas Utilities Minnesota Energy Resources North Shore Gas Peoples Gas Upper Peninsula Power Company Wisconsin Public Service |
| Website | www.integrysgroup.com |
Integrys Energy Group, Inc. NYSE: TEG, is an American energy company headquartered in Chicago, Illinois. It was formed by the merger of WPS Resources Corp. and Peoples Energy Corp. on February 21, 2007. The Chairman, President, and Chief Executive Officer is Charles A. Schrock.
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The six regulated utilities consist of:
The company’s principal nonregulated subsidiary is:
In its January 9, 2006 issue, Forbes magazine recognized WPS Resources as the utility industry's "Best-Managed Company in America". Also in 2006 and 2009, Fortune magazine acknowledged WPS Resources/Integrys as the most admired energy company on its lists of "World's Most Admired Companies."[1]
In 2007, Wisconsin Public Service was again recognized by placing second on Fortune's Most-Admired Energy Company list.[2]
In December 2011, the non-partisan organization Public Campaign criticized Integrys Energy Group for spending $0.71 million on lobbying and not paying any taxes during 2008-2010, instead getting $92 million in tax rebates, despite making a profit of $818 million, and increasing executive pay by 109% to $14.8 million in 2010 for its top 5 executives.[3]