CMS Energy Management
Management criteria checks 4/4
CMS Energy's CEO is Garrick Rochow, appointed in Dec 2020, has a tenure of 3.33 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 $27.39M. The average tenure of the management team and the board of directors is 4 years and 9.3 years respectively.
Key information
Garrick Rochow
Chief executive officer
US$9.6m
Total compensation
| CEO salary percentage | 12.8% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
Returns At CMS Energy (NYSE:CMS) Appear To Be Weighed Down
Apr 12
CMS Energy: A Compelling Income And Growth Proposition Right Now
Apr 06Do CMS Energy's (NYSE:CMS) Earnings Warrant Your Attention?
Mar 22CMS Energy (NYSE:CMS) Use Of Debt Could Be Considered Risky
Mar 01Concerns Surrounding CMS Energy's (NYSE:CMS) Performance
Feb 15CMS Energy Corporation Looks Strong Going Into Q4 Earnings
Jan 25CMS Energy Corporation's (NYSE:CMS) Business Is Yet to Catch Up With Its Share Price
Jan 23An Intrinsic Calculation For CMS Energy Corporation (NYSE:CMS) Suggests It's 36% Undervalued
Dec 12CMS Energy: High Leverage A Concern, But Company Is Strong Financially
Nov 07The Returns On Capital At CMS Energy (NYSE:CMS) Don't Inspire Confidence
Oct 17Is CMS Energy (NYSE:CMS) Using Too Much Debt?
Sep 29Calculating The Fair Value Of CMS Energy Corporation (NYSE:CMS)
Sep 08Capital Allocation Trends At CMS Energy (NYSE:CMS) Aren't Ideal
Jul 11Does CMS Energy (NYSE:CMS) Have A Healthy Balance Sheet?
Jun 21CMS Energy: Attractive Valuation And Total Return Potential
Jun 12Does This Valuation Of CMS Energy Corporation (NYSE:CMS) Imply Investors Are Overpaying?
Jun 03CMS Energy (NYSE:CMS) Will Pay A Larger Dividend Than Last Year At $0.4875
Apr 27Some Investors May Be Worried About CMS Energy's (NYSE:CMS) Returns On Capital
Mar 31Is Now The Time To Put CMS Energy (NYSE:CMS) On Your Watchlist?
Mar 18CMS Energy Corporation's (NYSE:CMS) Intrinsic Value Is Potentially 23% Below Its Share Price
Mar 03CMS Energy reports mixed Q4 earnings; raises FY23 EPS guidance and reaffirms lon-term EPS guidance
Feb 02Is CMS Energy (NYSE:CMS) Using Too Much Debt?
Jan 17CMS Energy: This Michigan Utility Continues To Prove Its ESG Credentials
Jan 10Here's What's Concerning About CMS Energy's (NYSE:CMS) Returns On Capital
Dec 07Is CMS Energy Corporation (NYSE:CMS) Worth US$60.0 Based On Its Intrinsic Value?
Nov 19CMS Energy declares $0.46 dividend
Oct 21These 4 Measures Indicate That CMS Energy (NYSE:CMS) Is Using Debt In A Risky Way
Oct 13Estimating The Fair Value Of CMS Energy Corporation (NYSE:CMS)
Aug 13CMS Energy (NYSE:CMS) Will Want To Turn Around Its Return Trends
Jul 28CMS Energy declares $0.46 dividend
Jul 22Is CMS Energy (NYSE:CMS) A Risky Investment?
Jul 13Why It's Time To Redeploy From CMS Energy
May 21A Look At The Fair Value Of CMS Energy Corporation (NYSE:CMS)
May 13Returns On Capital At CMS Energy (NYSE:CMS) Paint A Concerning Picture
Apr 28Should You Be Adding CMS Energy (NYSE:CMS) To Your Watchlist Today?
Apr 12Is CMS Energy (NYSE:CMS) A Risky Investment?
Mar 30CMS Energy's (NYSE:CMS) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 31Estimating The Intrinsic Value Of CMS Energy Corporation (NYSE:CMS)
Jan 20If You Like EPS Growth Then Check Out CMS Energy (NYSE:CMS) Before It's Too Late
Jan 07Returns At CMS Energy (NYSE:CMS) Appear To Be Weighed Down
Dec 25These 4 Measures Indicate That CMS Energy (NYSE:CMS) Is Using Debt Extensively
Nov 01A Look At The Fair Value Of CMS Energy Corporation (NYSE:CMS)
Oct 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD13.51M).
Compensation vs Earnings: Garrick's compensation has been consistent with company performance over the past year.
CEO
Garrick Rochow (48 yo)
3.3yrs
Tenure
US$9,637,210
Compensation
Mr. Garrick J. Rochow is Board of Directors of New Community Transformation Fund, LP. He has been Chief Executive Officer and President at CMS Energy Corp. and Consumers Energy Company since December 1, 20...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$9.64m | 0.15% $ 27.4m | |
| Executive VP & CFO | 6.9yrs | US$3.76m | 0.071% $ 12.9m | |
| Senior Vice President of Operations | 3.3yrs | US$2.11m | 0.023% $ 4.1m | |
| Senior VP & General Counsel | 4.9yrs | US$2.26m | 0.026% $ 4.7m | |
| Senior Vice President of Sustainability & External Affairs | less than a year | US$1.99m | 0.023% $ 4.2m | |
| Chief Accounting Officer | 2.6yrs | no data | 0.0089% $ 1.6m | |
| Senior VP of Customer Experience & Technology and Chief Customer Officer | 7.8yrs | US$1.92m | 0.033% $ 6.0m | |
| VP of IT & Security and Chief Information Officer | less than a year | no data | no data | |
| Treasurer and VP of Finance & Investor Relations | less than a year | no data | no data | |
| VP, Chief Compliance Officer & Corporate Secretary | 10.5yrs | no data | no data | |
| Senior Vice President of People & Culture | 7yrs | US$1.82m | 0.019% $ 3.5m | |
| VP of Applications & Analytics and Chief Digital Officer | 4.7yrs | no data | no data |
4.0yrs
Average Tenure
47.5yo
Average Age
Experienced Management: CMS's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$9.64m | 0.15% $ 27.4m | |
| Independent Presiding Director | 11.7yrs | US$305.00k | 0.017% $ 3.0m | |
| Independent Director | 18.7yrs | US$275.00k | 0.0049% $ 879.5k | |
| Independent Chairman of the Board | 13.9yrs | US$451.00k | 0.057% $ 10.3m | |
| Independent Director | 4.4yrs | US$275.00k | 0.0041% $ 744.1k | |
| Independent Director | 9.3yrs | US$280.00k | 0.010% $ 1.8m | |
| Independent Director | 10.4yrs | US$295.00k | 0.012% $ 2.2m | |
| Independent Director | less than a year | US$240.00k | 0.00091% $ 164.3k | |
| Independent Director | 8.8yrs | US$295.00k | 0.0094% $ 1.7m | |
| Independent Director | 11.2yrs | US$295.00k | 0.013% $ 2.3m | |
| Independent Director | 5.3yrs | US$280.00k | 0.0050% $ 901.2k | |
| Independent Director | 9.3yrs | US$295.00k | 0.010% $ 1.9m |
9.3yrs
Average Tenure
65yo
Average Age
Experienced Board: CMS's board of directors are considered experienced (9.3 years average tenure).