Srikanth (Sri) Maddipati was appointed as executive vice president and chief financial officer at CMS ENERGY CORP.
“Srikanth (Sri) Maddipati, 43, has been appointed to succeed Hayes as CMS Energy and Consumers Energy executive vice president and chief financial officer, effective June 3, 2026.”
Rejji P. Hayes retired as executive vice president and chief financial officer at CMS ENERGY CORP.
“Rejji P. Hayes has retired from his positions as CMS Energy and Consumers Energy Company (“Consumers Energy”) executive vice president and chief financial officer, effective June 3, 2026.”
Governance Changes
CMS ENERGY CORP: CMS Energy amended its Restated Articles of Incorporation to increase authorized shares of common stock from 350 million to 700 million and to allow shareholders to call a special meeting (effective 2026-05-11).
“On May 8, 2026 and May 11, 2026, CMS Energy Corporation (“CMS Energy”) submitted to the Michigan Department of Licensing and Regulatory Affairs Certificates of Amendment to the CMS Energy Restated Articles of Incorporation. These amendments incorporate the increase in number of authorized shares of common stock and the shareholders ability to call a special meeting and were approved by the shareholders as set forth below.”
Debt Financings
CMS ENERGY CORP incurred convertible notes of $1,000,000,000 aggregate principal amount of 3.125% Convertible Senior Notes due 2031 (plus $150,000,000 from full exerc with Morgan Stanley & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Mizuho Securities USA LLC and Wells Fargo Securities, LLC at 3.125% maturing May 1, 2031.
“completed the sale of $1,000,000,000 aggregate principal amount of 3.125% Convertible Senior Notes due 2031 (the “Notes”), which included an additional $150,000,000 aggregate principal amount of Notes purchased pursuant to the full exercise of the option granted to the Initial Purchasers”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.