CMS CMS ENERGY CORP
Price Chart
Executive Summary
CMS Energy announced the retirement of CFO Rejji P. Hayes, effective June 3, 2026, and the appointment of Sri Maddipati as his successor. Maddipati, a 12-year company veteran most recently serving as senior vice president and president of electric supply, will receive a base salary of $775,000 and $750,000 in tenure-based restricted stock. The company also reaffirmed its prior guidance. For the preferred stock CMS-PC, this is a routine leadership transition with no credit-material implications.
Actionable Insight
Monitor the next quarterly earnings for any strategic shifts under the new CFO, but this filing is a routine succession event with no immediate trading catalyst for CMS-PC.
Key Facts
- CFO Rejji P. Hayes retired effective June 3, 2026.
- Sri Maddipati appointed as Executive Vice President and CFO, effective June 3, 2026.
- Maddipati's base salary set at $775,000 annually with an 80% target bonus under the Incentive Compensation Plan.
- Maddipati received $750,000 in tenure-based restricted stock vesting on his third-year service anniversary.
- CMS Energy reaffirmed its guidance as provided on April 28, 2026.
- Chris Fultz named senior vice president and president of electric supply, effective June 3, 2026.
Financial Impact
No financial impact disclosed; guidance reaffirmed.
Risk Factors
- Potential execution risk during CFO transition, though internal promotion mitigates this.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-070037 |
| Document: tm2616692d1_ex99-1.htm | 0001104659-26-070037 |
| Document: 0001104659-26-070037-index-headers.html | 0001104659-26-070037 |
| Document: 0001104659-26-070037-index.html | 0001104659-26-070037 |
| Document: 0001104659-26-070037.txt | 0001104659-26-070037 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 3, 2026
9d ago
|
8-K
| $16.95 $16.91 | ▼ −0.24% | ▼ −0.64% | $73.57 (+334.17%) |
|
May 13, 2026
4w ago
|
8-K
| $17.20 $16.84 | ▼ −2.09% | ▼ −0.87% | $73.57 (+327.73%) |
|
May 13, 2026
4w ago
|
424B5
| $17.20 $16.84 | ▲ +2.09% | ▲ +0.87% | $73.57 (−327.73%) |
|
Apr 28, 2026
6w ago
|
8-K
| $17.21 $16.97 | ▼ −1.39% | ▼ −1.38% | $73.57 (+327.48%) |
|
Apr 1, 2026
10w ago
|
DEFA14A
| $16.59 $16.71 | ▲ +0.72% | ▲ +0.64% | $73.57 (+343.46%) |
|
Feb 25, 2026
15w ago
|
Insider Cluster
| $76.00 $77.05 | ▲ +1.38% | ▲ +1.93% | $73.57 (−3.20%) |
|
Feb 25, 2026
15w ago
|
Insider Cluster
| $76.00 $77.05 | ▲ +1.38% | ▲ +1.93% | $73.57 (−3.20%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access