CMS Energy Promotes Sri Maddipati and Chris Fultz to Key Leadership Roles

Major Leadership Changes at CMS Energy

On June 3, 2026, CMS Energy made a significant announcement regarding its leadership transitions. The company has appointed Sri Maddipati, who has been with Consumers Energy as its senior vice president and president of electric supply, as the new Executive Vice President and Chief Financial Officer of both CMS Energy and Consumers Energy. This promotion highlights Maddipati's long-standing dedication and experience within the organization.

Maddipati is set to take charge of critical departments including Investor Relations, Treasury, Tax, Accounting, and Financial Planning, bringing nearly two decades of extensive experience in finance, treasury, and capital markets. His journey with CMS Energy began in 2014, and he has since risen through the ranks, demonstrating a strong grasp of operational and regulatory frameworks.

Garrick Rochow, the President and CEO of CMS Energy and Consumers Energy, expressed confidence in Maddipati's qualifications stating, "Sri has held several leadership positions across our company and brings a combination of financial, operational, strategic, and regulatory skills that will help lead the company forward." This confidence reflects the company's strategic approach to leadership and development.

Previously, Maddipati served as vice president and treasurer, where he managed budget planning, corporate liquidity, and relationships with investors and banks. His recent role involved overseeing Consumers Energy's electric supply business, which encompasses supply planning, market operations, and generation procurement. Maddipati's educational qualifications include both bachelor's and master's degrees in engineering, complemented by an MBA from the University of Michigan.

Alongside Maddipati’s promotion, Chris Fultz will assume the role of Senior Vice President and President of Electric Supply, also effective on June 3. Fultz, who served as the vice president of low voltage distribution, brings a wealth of experience in operations and project management to his new role. His expertise is expected to strengthen the operational foundations of the electric supply business unit.

Rochow commended Fultz, noting his commitment to safety, reliability, and affordability, which aligns with the company's strategic goals. Fultz's history with Consumers Energy includes progressing through various responsible roles since joining in 2014, demonstrating his leadership capabilities in both electrical and natural gas operations. He holds degrees in electrical engineering and an MBA, providing a strong technical foundation for his leadership role.

As these promotions take effect, CMS Energy will also bid farewell to Rejji Hayes, the retiring Executive Vice President and CFO. In his departing message, Rochow recognized Hayes's contributions, highlighting his significant impact on coworkers, communities, and investors during his tenure.

CMS Energy, listed on the NYSE under the symbol CMS, serves as a prominent energy provider in Michigan, with Consumers Energy as its principal business line. The company's commitment to innovation and leadership positions it well within the energy sector, and these recent appointments indicate a continued focus on effective governance and strategic growth.

For more information about CMS Energy and its latest updates, investors are encouraged to visit the Investor Relations section on the company’s website. This marks an essential step in ensuring that stakeholders remain informed about the company's progress and strategic direction.