CMS Energy Management
Management criteria checks 4/4
CMS Energy's CEO is Garrick Rochow, appointed in Dec 2020, has a tenure of 3.92 years. total yearly compensation is $9.64M, comprised of 12.8% salary and 87.2% bonuses, including company stock and options. directly owns 0.15% of the company’s shares, worth $31.48M. The average tenure of the management team and the board of directors is 3.9 years and 9.6 years respectively.
Key information
Garrick Rochow
Chief executive officer
US$9.6m
Total compensation
| CEO salary percentage | 12.8% |
| CEO tenure | 3.9yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.9yrs |
| Board average tenure | 9.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$960m |
| Mar 31 2024 | n/a | n/a | US$959m |
| Dec 31 2023 | US$10m | US$1m | US$876m |
| Sep 30 2023 | n/a | n/a | US$738m |
| Jun 30 2023 | n/a | n/a | US$727m |
| Mar 31 2023 | n/a | n/a | US$678m |
| Dec 31 2022 | US$9m | US$1m | US$823m |
| Sep 30 2022 | n/a | n/a | US$772m |
| Jun 30 2022 | n/a | n/a | US$765m |
| Mar 31 2022 | n/a | n/a | US$778m |
| Dec 31 2021 | US$7m | US$1m | US$746m |
| Sep 30 2021 | n/a | n/a | US$763m |
| Jun 30 2021 | n/a | n/a | US$813m |
| Mar 31 2021 | n/a | n/a | US$783m |
| Dec 31 2020 | US$3m | US$638k | US$697m |
| Sep 30 2020 | n/a | n/a | US$730m |
| Jun 30 2020 | n/a | n/a | US$731m |
| Mar 31 2020 | n/a | n/a | US$696m |
| Dec 31 2019 | US$2m | US$540k | US$631m |
| Sep 30 2019 | n/a | n/a | US$621m |
| Jun 30 2019 | n/a | n/a | US$583m |
| Mar 31 2019 | n/a | n/a | US$629m |
| Dec 31 2018 | US$2m | US$525k | US$657m |
| Sep 30 2018 | n/a | n/a | US$546m |
| Jun 30 2018 | n/a | n/a | US$549m |
| Mar 31 2018 | n/a | n/a | US$502m |
| Dec 31 2017 | US$2m | US$508k | US$460m |
Compensation vs Market: Garrick's total compensation ($USD9.64M) is about average for companies of similar size in the US market ($USD12.66M).
Compensation vs Earnings: Garrick's compensation has been consistent with company performance over the past year.
CEO
Garrick Rochow (49 yo)
3.9yrs
Tenure
US$9,637,210
Compensation
Mr. Garrick J. Rochow serves as an Independent Director at Hubbell Incorporated since November 19, 2024. He is Board of Directors of New Community Transformation Fund, LP. He has been Chief Executive Offic...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.9yrs | US$9.64m | 0.15% $ 31.5m | |
| Executive VP & CFO | 7.5yrs | US$3.76m | 0.071% $ 14.8m | |
| Senior Vice President of Operations | 3.9yrs | US$2.11m | 0.023% $ 4.7m | |
| Senior VP & General Counsel | 5.5yrs | US$2.26m | 0.026% $ 5.4m | |
| Senior Vice President of Strategy | 1.6yrs | US$1.99m | 0.022% $ 4.5m | |
| Chief Accounting Officer | 3.2yrs | no data | 0.0085% $ 1.8m | |
| Senior VP of Customer Experience & Technology and Chief Customer Officer | 8.3yrs | US$1.92m | 0.032% $ 6.6m | |
| VP of IT & Security and Chief Information Officer | less than a year | no data | no data | |
| Treasurer & VP of Investor Relations | less than a year | no data | no data | |
| VP, Chief Compliance Officer & Corporate Secretary | 11.1yrs | no data | no data | |
| Senior Vice President of People & Culture | 7.6yrs | US$1.82m | 0.019% $ 4.0m | |
| Senior Vice President of Transformation & Engineering | 2.8yrs | no data | 0.014% $ 2.8m |
3.9yrs
Average Tenure
49yo
Average Age
Experienced Management: CMS.PRC's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.9yrs | US$9.64m | 0.15% $ 31.5m | |
| Independent Chairman of the Board | 14.5yrs | US$451.00k | 0.057% $ 11.8m | |
| Independent Director | 5yrs | US$275.00k | 0.0041% $ 855.8k | |
| Independent Director | 9.8yrs | US$280.00k | 0.010% $ 2.1m | |
| Independent Director | 11yrs | US$295.00k | 0.012% $ 2.5m | |
| Independent Director | 1.5yrs | US$240.00k | 0.00091% $ 189.0k | |
| Independent Director | 9.3yrs | US$295.00k | 0.0094% $ 1.9m | |
| Independent Director | 11.8yrs | US$295.00k | 0.014% $ 2.9m | |
| Independent Director | 5.8yrs | US$280.00k | 0.0050% $ 1.0m | |
| Independent Director | 9.8yrs | US$295.00k | 0.010% $ 2.2m |
9.6yrs
Average Tenure
65yo
Average Age
Experienced Board: CMS.PRC's board of directors are considered experienced (9.6 years average tenure).