CONSUMERS ENERGY CO CEO Patricia Poppe's 2019 pay rises 11% to $9M

CONSUMERS ENERGY CO reports 2019 executive compensation

By ExecPay News

Published: March 19, 2020

CONSUMERS ENERGY CO reported fiscal year 2019 executive compensation information on March 19, 2020.
In 2019, six executives at CONSUMERS ENERGY CO received on average a compensation package of $3.4M, a 1% increase compared to previous year.
Average pay of disclosed executives at CONSUMERS ENERGY CO
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 CONSUMERS ENERGY CO. 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.

Related executives

Patricia Poppe

CONSUMERS ENERGY CO

Chief Executive Officer

Rejji Hayes

CONSUMERS ENERGY CO

Chief Financial Officer

Catherine Reynolds

CONSUMERS ENERGY CO

Former Senior Vice President, CMS and Consumers

Jean-Francois Brossoit

CONSUMERS ENERGY CO

Senior Vice President, CMS and Consumers

Brian Rich

CONSUMERS ENERGY CO

Senior Vice President, CMS and Consumers

Garrick Rochow

CONSUMERS ENERGY CO

Senior Vice President, CMS and Consumers

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Source: SEC filing on March 19, 2020.