Rejji P. Hayes
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.
Highest-materiality recent filing
CMS Energy Q2 adjusted EPS $0.37 vs $0.71 YoY; exits non-utility renewables
Q2 adjusted EPS $0.37, down from $0.71 YoY; reported EPS $0.37 vs $0.66.
CMS Energy launches $3B at-the-market equity offering program
Filed prospectus supplement for at-the-market offering of up to $3B of common stock.
CMS Energy closes $1B convertible note offering at 3.125%, conversion premium 25%
Issued $1B aggregate principal of 3.125% Convertible Senior Notes due 2031 (including $150M from option exercise).
CMS Energy launches $1B at-the-market equity offering program via forward sales
Up to $1B in common stock may be sold from time to time under an equity distribution agreement.
CMS Energy issues $800M of 3.375% convertible notes due 2028; conversion premium 20%
Issued $800M aggregate principal of 3.375% Convertible Senior Notes due May 1, 2028, including $100M from full exercise of initial purchasers' option.
CMS Energy prices $700M 3.375% convertible senior notes due 2028, upsized from $650M
Principal amount $700M (initial purchasers option up to additional $100M); closing May 5, 2023.
CMS Energy proposes $650M convertible senior notes due 2028
Offering of $650M principal amount of convertible senior notes due 2028 in private placement.
CMS Energy issues 9.2M depositary shares of 4.200% Series C Preferred Stock, net proceeds ~$224.5M
Issued 9.2M depositary shares (1/1000th interest) of 4.200% Series C Preferred Stock, $25 liquidation preference per share.
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.
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.
Max materiality 0.75 · Median 0.55 · Most common event debt