CMS Energy Appoints New Vice President
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 24 2026
0mins
Source: PRnewswire
- New Appointment: CMS Energy announced that Chris Shellberg will become vice president of low-voltage electric distribution effective July 1, overseeing the company's LVD system that delivers safe and reliable electricity to nearly 2 million homes and businesses, highlighting the company's commitment to power service.
- Extensive Experience: Shellberg brings 30 years of experience at Consumers Energy, having most recently served as senior executive director of LVD operations, showcasing her deep expertise in distribution, service restoration, and smart grid, which is expected to drive further advancements in the company's electric distribution sector.
- Technical Background: With a bachelor's degree in electrical and electronics engineering from Western Michigan University, combined with her skills in contract negotiations and financial management, she is well-equipped to lead the LVD team to ensure stable power supply for Michigan.
- Leadership Enhancement: CMS Energy executive Greg Salisbury noted that Shellberg's technical background and business acumen will enhance operational efficiency, ensuring safe and reliable power service for customers in Michigan, thereby strengthening the company's market position.
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Analyst Views on CMS
Wall Street analysts forecast CMS stock price to rise
9 Analyst Rating
6 Buy
3 Hold
0 Sell
Moderate Buy
Current: 76.290
Low
71.00
Averages
79.11
High
85.00
Current: 76.290
Low
71.00
Averages
79.11
High
85.00
About CMS
CMS Energy Corporation is an energy company operating primarily in Michigan. It manages its businesses by the nature of services each provides and operates principally in three business segments: Electric Utility, Gas Utility and NorthStar Clean Energy. The Electric Utility segment consists of regulated activities associated with the generation, purchase, distribution, and sale of electricity in Michigan. The Gas Utility segment consists of regulated activities associated with the purchase, transmission, storage, distribution, and sale of natural gas in Michigan. The NorthStar Clean Energy segment consists of various subsidiaries engaging in domestic independent power production, including the development and operation of renewable generation, and the marketing of independent power production. Its gas transmission, storage, and distribution system consists of 2,342 miles of transmission lines with 15 gas storage fields with a total storage capacity of 309 billion cubic feet (Bcf).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CMS Energy Appoints New Vice President of Human Resources
- Executive Appointment: CMS Energy announced that Polly Harris will assume the role of Vice President of Human Resources on July 20, bringing over 20 years of HR experience that will provide new strategic insights and talent management capabilities to the company.
- Diverse Industry Background: Harris previously served as Vice President of Human Resources at Union Pacific Railroad, with experience at John Deere and Conagra Brands, showcasing her deep expertise in enterprise transformation and workforce engagement.
- Education and Training: She holds a bachelor's degree from the University of Iowa and an MBA from the University of Phoenix, and has completed the Advanced HR Executive Program at the Michigan Ross School of Business, further enhancing her leadership and strategic thinking skills.
- Strategic Impact: Harris's appointment is seen as a significant step for CMS Energy in advancing corporate culture, employee well-being, and talent management, which is expected to enhance overall operational efficiency and employee satisfaction.
See More
CMS Energy Corp Dividend History and Market Impact
- Dividend Overview: CMS Energy Corp recently declared a dividend of $0.2625 per share on its 4.20% Cumulative Redeemable Preferred Stock, Series C, indicating the company's commitment to shareholder returns despite market fluctuations.
- ETF Holdings Insight: According to ETF Finder, CMS Energy comprises 49.99% of the AGF U.S. Market Neutral Anti-Beta Fund (BTAL), highlighting its significant market presence, even as the ETF trades down approximately 0.3% on the day.
- Preferred Stock Performance: In Tuesday trading, CMS Energy's 4.20% Cumulative Redeemable Preferred Stock, Series C, rose about 0.1%, reflecting ongoing investor interest in this preferred equity, while common shares fell about 0.5%.
- Market Reaction Analysis: Despite the underperformance of CMS's common stock, the stable returns from the preferred shares may attract investors seeking safer investments, illustrating divergent market reactions to different equity classes.
See More
CMS Energy Appoints New Vice President
- New Appointment: CMS Energy announced that Chris Shellberg will become vice president of low-voltage electric distribution effective July 1, overseeing the company's LVD system that delivers safe and reliable electricity to nearly 2 million homes and businesses, highlighting the company's commitment to power service.
- Extensive Experience: Shellberg brings 30 years of experience at Consumers Energy, having most recently served as senior executive director of LVD operations, showcasing her deep expertise in distribution, service restoration, and smart grid, which is expected to drive further advancements in the company's electric distribution sector.
- Technical Background: With a bachelor's degree in electrical and electronics engineering from Western Michigan University, combined with her skills in contract negotiations and financial management, she is well-equipped to lead the LVD team to ensure stable power supply for Michigan.
- Leadership Enhancement: CMS Energy executive Greg Salisbury noted that Shellberg's technical background and business acumen will enhance operational efficiency, ensuring safe and reliable power service for customers in Michigan, thereby strengthening the company's market position.
See More
CMS Energy Appoints New VP of Low-Voltage Electric Distribution
- Executive Appointment: CMS Energy announced that Chris Shellberg will become the vice president of low-voltage electric distribution effective July 1, overseeing the low-voltage distribution system that safely and reliably delivers electricity to nearly 2 million homes and businesses, reflecting the company's commitment to strong leadership.
- Extensive Experience: Shellberg brings 30 years of experience at Consumers Energy, having most recently served as the senior executive director of LVD operations, showcasing her operational leadership capabilities that will effectively drive the company's strategic goals in electric distribution.
- Technical Background: With a bachelor's degree in electrical and electronics engineering from Western Michigan University, her deep expertise in distribution, service restoration, and smart grid will provide technical support to CMS Energy's LVD team, ensuring stable power supply for Michigan.
- Strategic Implications: Shellberg's appointment not only enhances CMS Energy's management capabilities in electric distribution but also underscores the company's commitment to safe and reliable service, aiming to improve customer satisfaction and drive sustained business growth.
See More
CMS Energy CFO Departure Weighs on Stock Confidence
- CFO Departure Impact: CMS Energy announced the immediate retirement of CFO Rejji Hayes, succeeded by Senior VP Sri Maddipati, with this unexpected departure likely undermining investor confidence and putting pressure on the stock price.
- Rating Downgrade: Jefferies downgraded CMS's rating from Buy to Hold, reducing the price target from $88 to $74, with analyst Julien Dumoulin-Smith highlighting the CFO's exit as a potential risk for EPS re-evaluation.
- Market Confidence Low: Analysts note that investor confidence is at a multi-year low, primarily due to the absence of data center announcements, potential NorthStar asset sales, and upcoming Michigan elections.
- Increased Competitive Pressure: CMS faces heightened market pressure compared to peer DTE in annual electric rate cases, which analysts believe will further impact its ability to regain relative valuation.
See More
CMS Energy Appoints New CFO and Electric Supply President
- Executive Appointment: Sri Maddipati has been appointed as the Chief Financial Officer of CMS Energy and Consumers Energy effective June 3, 2026, overseeing critical functions such as Investor Relations and Financial Planning, leveraging nearly 20 years of finance and operational experience to ensure a smooth leadership transition.
- Leadership in Electric Supply: Chris Fultz has been named Senior Vice President and President of Electric Supply on the same date, tasked with managing electric supply planning and market operations, and his extensive background in project management and natural gas operations is expected to enhance the execution of the company's long-term energy supply strategy.
- CFO Retirement Acknowledgment: Rejji Hayes will retire on June 3, with gratitude expressed for his leadership and contributions, highlighting his meaningful impact on employees, communities, and investors, reflecting the company's commitment to leadership transitions.
- Company Overview: CMS Energy is a Michigan-based energy provider with Consumers Energy as its primary business, also owning independent power generation operations, and it continues to focus on investor relations to enhance transparency and communication.
See More
CMS Energy Appoints New Vice President of Human Resources
- Executive Appointment: CMS Energy announced that Polly Harris will assume the role of Vice President of Human Resources on July 20, bringing over 20 years of HR experience that will provide new strategic insights and talent management capabilities to the company.
- Diverse Industry Background: Harris previously served as Vice President of Human Resources at Union Pacific Railroad, with experience at John Deere and Conagra Brands, showcasing her deep expertise in enterprise transformation and workforce engagement.
- Education and Training: She holds a bachelor's degree from the University of Iowa and an MBA from the University of Phoenix, and has completed the Advanced HR Executive Program at the Michigan Ross School of Business, further enhancing her leadership and strategic thinking skills.
- Strategic Impact: Harris's appointment is seen as a significant step for CMS Energy in advancing corporate culture, employee well-being, and talent management, which is expected to enhance overall operational efficiency and employee satisfaction.
See More
CMS Energy Corp Dividend History and Market Impact
- Dividend Overview: CMS Energy Corp recently declared a dividend of $0.2625 per share on its 4.20% Cumulative Redeemable Preferred Stock, Series C, indicating the company's commitment to shareholder returns despite market fluctuations.
- ETF Holdings Insight: According to ETF Finder, CMS Energy comprises 49.99% of the AGF U.S. Market Neutral Anti-Beta Fund (BTAL), highlighting its significant market presence, even as the ETF trades down approximately 0.3% on the day.
- Preferred Stock Performance: In Tuesday trading, CMS Energy's 4.20% Cumulative Redeemable Preferred Stock, Series C, rose about 0.1%, reflecting ongoing investor interest in this preferred equity, while common shares fell about 0.5%.
- Market Reaction Analysis: Despite the underperformance of CMS's common stock, the stable returns from the preferred shares may attract investors seeking safer investments, illustrating divergent market reactions to different equity classes.
See More
CMS Energy Appoints New Vice President
- New Appointment: CMS Energy announced that Chris Shellberg will become vice president of low-voltage electric distribution effective July 1, overseeing the company's LVD system that delivers safe and reliable electricity to nearly 2 million homes and businesses, highlighting the company's commitment to power service.
- Extensive Experience: Shellberg brings 30 years of experience at Consumers Energy, having most recently served as senior executive director of LVD operations, showcasing her deep expertise in distribution, service restoration, and smart grid, which is expected to drive further advancements in the company's electric distribution sector.
- Technical Background: With a bachelor's degree in electrical and electronics engineering from Western Michigan University, combined with her skills in contract negotiations and financial management, she is well-equipped to lead the LVD team to ensure stable power supply for Michigan.
- Leadership Enhancement: CMS Energy executive Greg Salisbury noted that Shellberg's technical background and business acumen will enhance operational efficiency, ensuring safe and reliable power service for customers in Michigan, thereby strengthening the company's market position.
See More
CMS Energy Appoints New VP of Low-Voltage Electric Distribution
- Executive Appointment: CMS Energy announced that Chris Shellberg will become the vice president of low-voltage electric distribution effective July 1, overseeing the low-voltage distribution system that safely and reliably delivers electricity to nearly 2 million homes and businesses, reflecting the company's commitment to strong leadership.
- Extensive Experience: Shellberg brings 30 years of experience at Consumers Energy, having most recently served as the senior executive director of LVD operations, showcasing her operational leadership capabilities that will effectively drive the company's strategic goals in electric distribution.
- Technical Background: With a bachelor's degree in electrical and electronics engineering from Western Michigan University, her deep expertise in distribution, service restoration, and smart grid will provide technical support to CMS Energy's LVD team, ensuring stable power supply for Michigan.
- Strategic Implications: Shellberg's appointment not only enhances CMS Energy's management capabilities in electric distribution but also underscores the company's commitment to safe and reliable service, aiming to improve customer satisfaction and drive sustained business growth.
See More
CMS Energy CFO Departure Weighs on Stock Confidence
- CFO Departure Impact: CMS Energy announced the immediate retirement of CFO Rejji Hayes, succeeded by Senior VP Sri Maddipati, with this unexpected departure likely undermining investor confidence and putting pressure on the stock price.
- Rating Downgrade: Jefferies downgraded CMS's rating from Buy to Hold, reducing the price target from $88 to $74, with analyst Julien Dumoulin-Smith highlighting the CFO's exit as a potential risk for EPS re-evaluation.
- Market Confidence Low: Analysts note that investor confidence is at a multi-year low, primarily due to the absence of data center announcements, potential NorthStar asset sales, and upcoming Michigan elections.
- Increased Competitive Pressure: CMS faces heightened market pressure compared to peer DTE in annual electric rate cases, which analysts believe will further impact its ability to regain relative valuation.
See More
CMS Energy Appoints New CFO and Electric Supply President
- Executive Appointment: Sri Maddipati has been appointed as the Chief Financial Officer of CMS Energy and Consumers Energy effective June 3, 2026, overseeing critical functions such as Investor Relations and Financial Planning, leveraging nearly 20 years of finance and operational experience to ensure a smooth leadership transition.
- Leadership in Electric Supply: Chris Fultz has been named Senior Vice President and President of Electric Supply on the same date, tasked with managing electric supply planning and market operations, and his extensive background in project management and natural gas operations is expected to enhance the execution of the company's long-term energy supply strategy.
- CFO Retirement Acknowledgment: Rejji Hayes will retire on June 3, with gratitude expressed for his leadership and contributions, highlighting his meaningful impact on employees, communities, and investors, reflecting the company's commitment to leadership transitions.
- Company Overview: CMS Energy is a Michigan-based energy provider with Consumers Energy as its primary business, also owning independent power generation operations, and it continues to focus on investor relations to enhance transparency and communication.
See More
