How Rochow was paid
$10.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Garrick J. RochowPresident and CEO, CMS and Consumers | $1,275,000 | $6,763,239 | $2,055,938 | $251 | $439,611 | $10,534,039 |
| Rejji P. HayesExecutive Vice President and CFO, CMS and Consumers | $860,123 | $2,088,690 | $887,647 | — | $250,427 | $4,086,887 |
| Tonya L. BerryExecutive Vice President and COO, CMS and Consumers | $585,411 | $795,694 | $532,161 | — | $118,647 | $2,031,913 |
| Shaun M. JohnsonExecutive Vice President, Business Transformation, Chief Legal & Administrative Officer | $682,644 | $1,223,401 | $704,488 | — | $180,416 | $2,790,949 |
| Brandon J. HofmeisterSenior Vice President, Strategy, Sustainability and External Affairs | $600,000 | $914,933 | $503,100 | — | $151,763 | $2,169,796 |
| LeeRoy Wells Jr.Senior Vice President, President - Gas Delivery, Consumers | $585,000 | $1,084,014 | $565,988 | — | $160,605 | $2,395,607 |
What changed and why
- $10.5MCEO Garrick J. Rochow received total compensation of $10,534,039 in 2025, compared to $10,401,409 in 2024.
- 129%Annual incentive plan awards were earned at 129% of target based on EPS and utility performance.
- Seventy-five percent of annual restricted stock awards are performance-based and tied to relative TSR and EPS growth.
- 93%Approximately 93% of votes cast supported the say-on-pay proposal at the 2025 annual meeting.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.