CMS Energy Corporation

JACKSON, Mich., June 3, 2026 /PRNewswire/ -- CMS Energy announced today, Sri Maddipati, currently Consumers Energy's senior vice president and president of electric supply, will be named CMS Energy and Consumers Energy Executive Vice President and Chief Financial Officer, effective on June 3. Sri will oversee Investor Relations, Treasury, Tax, Accounting, and Financial Planning. Chris Fultz, vice president of low voltage distribution at Consumers Energy, will become the new senior vice president and president of electric supply, also effective on June 3. Chris will manage the company's electric supply business unit, which includes electric supply planning and strategy, market operations, generating plant operations and engineering, generation development and procurement.

"Sri has nearly 20 years of experience across finance, treasury, banking, capital markets, and investor relations which allows for a seamless transition of leadership," said Garrick Rochow, President and CEO of CMS Energy and Consumers Energy. "Sri has held several senior leadership positions across our company and brings a combination of financial, operational, strategic and regulatory skills which reflects the company's thoughtful approach to development and succession and makes him exceptionally well-suited to serve as our next CFO and help lead the company forward."

Sri joined CMS Energy in 2014 and was elected as vice president and treasurer in 2016 where he was responsible for budget and planning, corporate liquidity, financing and maintaining relationships with investors, banks and rating agencies, a position he held until he moved to the role of Consumers Energy vice president electric supply in 2023. In that role, Sri was responsible for Consumers Energy's electric supply business unit, which includes electric supply planning and strategy, market operations, generating plant operations and engineering, and generation development and procurement. Sri was appointed Consumers Energy senior vice president and president of the electric supply business unit in 2025. Prior to joining CMS Energy, Sri was a vice president in the financial institutions group at Goldman Sachs. Sri holds bachelor's and master's degrees in engineering and a Master in Business Administration, all from the University of Michigan.

"Chris brings a clear commitment to safety, reliability, and affordability, along with the ability to lead large-scale operations and teams to the electric supply organization," said Garrick Rochow, President and CEO of CMS Energy and Consumers Energy. "His broad expertise and leadership within operations, engineering, and project management will be an asset as we plan and execute our long-term energy supply blueprint."

Chris previously served as vice president of low voltage distribution in our electric business and vice president of natural gas operations. Since joining the company in 2014, Chris held increasingly responsible roles within project management, natural gas operations, transmission, storage and compression. Prior to Consumers Energy, Fultz worked for Black & Veatch, and he holds bachelor's and master's degrees in electrical engineering from Michigan Technological University, and a master's degree in business administration from Oakland University.

Rejji Hayes will retire as Executive Vice President and Chief Financial Officer, effective June 3.

"I want to thank Rejji Hayes for his leadership and many contributions to the company. His impact to our co-workers, communities, customers, and investors has been meaningful, and we are grateful for his service. I wish Rejji the very best in the future."

CMS Energy (NYSE: CMS) is a Michigan-based energy provider featuring Consumers Energy as its primary business. It also owns and operates independent power generation businesses.

Investors and others should note that CMS Energy routinely posts important information on its website and considers the Investor Relations section, www.cmsenergy.com/investor-relations, a channel of distribution. 

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SOURCE CMS Energy

JACKSON, Mich., May 27, 2026 /PRNewswire/ -- Consumers Energy is taking another significant step to secure Michigan's electric grid, preparing to file its 2027 Reliability Action Plan next week. If approved, this annual plan will lead to fewer and shorter power outages for Michiganders.

"We want our customers to experience fewer outages -- and when the power does go out, we're focused on restoring it as quickly as possible," said Greg Salisbury, Consumers Energy's senior vice president of electric distribution. "Our 2027 Reliability Action Plan is about making smart investments in the electric grid to deliver more reliable service for the people we serve. We know costs are top of mind, and we're working every day to keep energy affordable while making the upgrades to reduce outages over time."

Since 2021, Consumers Energy's average electric customer experienced an hour less time without power in normal conditions. That's a 28% drop. Consumers Energy started increasing spending on the grid late in the last decade and has seen direct improvements with fewer equipment problems.

Consumers Energy delivered meaningful reliability improvements last year, even as the state faced 20% more weather–driven outage events. Proactive work reduced customer impacts by 130,000 outages at their homes and businesses.

About 75 cents of every customer dollar goes directly back into securing the grid. The full Reliability Action Plan will be filed June 2 with the Michigan Public Service Commission. Consumers Energy's plan includes:

• Clearing trees away from power lines, addressing the #1 cause of outages. We are planning a five-year timetable to clear all of our system's low-voltage lines, which serve homes and businesses directly. We plan to double the amount of forestry work we do, from 8,000 miles last year to 16,000 by 2030.
• Burying 50 miles of power lines underground, protecting them from severe weather. Burying lines improves reliability by 90% or more. Our next projects include work in Jackson, Newaygo, Flint, Allegan County and Kent County.
• Identifying circuits in our system where customers experience outages more frequently and fixing the underlying issues.
• Adding sensors and automation devices to help us monitor and manage our system more effectively. We're solving problems faster, often before customers notice.

Consumers Energy is continuing to help customers with resources to manage and pay bills. The company has reached out to over 30,000 people directly this year through phone calls and in-person events around the state.

"We understand our friends and neighbors are facing rising costs, from gasoline to groceries," said Kelly Hall, Consumers Energy's senior vice president of regulatory and legal affairs. "We will continue to connect people with money-saving programs and assistance in their community while making upgrades that power their lives more reliably."

Details about the 2027 Reliability Action Plan will be shared online June 2 at ConsumersEnergy.com/residential/account-and-billing/rates/rate-case.

Consumers Energy is Michigan's largest energy provider, providing natural gas and/or electricity to 6.8 million of the state's 10 million residents in all 68 Lower Peninsula counties. We are committed to delivering reliable and affordable energy to our customers 24/7.

Learn more at ConsumersEnergy.com.

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SOURCE Consumers Energy