CMS Energy CEO Patricia Poppe's 2019 pay rises 11% to $9M
CMS Energy reports 2019 executive compensation
By ExecPay News
Published: March 19, 2020
CMS Energy reported fiscal year 2019 executive compensation information on March 19, 2020.
In 2019, six CMS Energy executives received on average a compensation package of $3.4M, a 1% increase compared to previous year.
Patricia K. Poppe, Chief Executive Officer, received $9M in total, which increased by 11% compared to 2018. 60% of Poppe's compensation, or $5.4M, was in stock awards. Poppe also received $1.8M in non-equity incentive plan, $1.3M in salary, as well as $526K in other compensation.
For fiscal year 2019, the median employee pay was $122,783 at CMS Energy. Therefore, the ratio of Patricia K. Poppe's pay to the median employee pay was 73 to one.
Catherine M. Reynolds, Former Senior Vice President, CMS and Consumers, received a compensation package of $3.5M, which increased by 15% compared to previous year. 55% of the compensation package, or $1.9M, was of change in pension value and nonqualified deferred compensation earnings.
Rejji P. Hayes, Chief Financial Officer, earned $2.8M in 2019, a 13% increase compared to previous year.
Garrick J. Rochow, Senior Vice President, CMS and Consumers, received $2M in 2019, which increases by 8% compared to 2018.
Brian F. Rich, Senior Vice President, CMS and Consumers, earned $1.6M in 2019, a 10% increase compared to previous year.
Jean-Francois Brossoit, Senior Vice President, CMS and Consumers, received $1.6M in 2019.
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