Form 8-K

8-K — CMS ENERGY CORP

Accession: 0001104659-26-070037

Filed: 2026-06-03

Period: 2026-06-01

CIK: 0000811156

SIC: 4931 (ELECTRIC & OTHER SERVICES COMBINED)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

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EX-99.1 — EXHIBIT 99.1 (tm2616692d1_ex99-1.htm)

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UNITED STATES

SECURITIES AND

EXCHANGE COMMISSION

Washington, D.C.

20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13

OR 15(d) OF

THE SECURITIES

EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)

June 1, 2026

Commission

Registrant; State of Incorporation;

IRS Employer

File Number

Address; and Telephone Number

Identification No.

1-9513

CMS ENERGY CORPORATION

(A Michigan Corporation)

One Energy Plaza

Jackson, Michigan 49201

(517) 788-0550

38-2726431

1-5611

CONSUMERS ENERGY COMPANY

Michigan Corporation)

One Energy Plaza

Jackson, Michigan 49201

(517) 788-0550

38-0442310

Check the appropriate box below if the Form 8-K filing

is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant

to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant

to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications

pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange

Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange

on which registered

CMS Energy Corporation Common Stock, $0.01 par value

CMS

New York Stock Exchange

CMS Energy Corporation 5.625% Junior Subordinated Notes due 2078

CMSA

New York Stock Exchange

CMS Energy Corporation 5.875% Junior Subordinated Notes due 2078

CMSC

New York Stock Exchange

CMS Energy Corporation 5.875% Junior Subordinated Notes due 2079

CMSD

New York Stock Exchange

CMS Energy Corporation, Depositary Shares,

each representing a 1/1,000th interest in a share of 4.200% Cumulative Redeemable Perpetual Preferred Stock, Series C

CMS PRC

New York Stock Exchange

Consumers

Energy Company Cumulative Preferred Stock, $100 par value: $4.50 Series

CMS-PB

New York Stock Exchange

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).  Emerging growth

company: CMS Energy Corporation ¨ Consumers

Energy Company ¨

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  CMS

Energy Corporation ¨ Consumers

Energy Company ¨

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Item 5.02 Departure of Directors or Certain Officers; Election of

Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 3, 2026, CMS Energy Corporation (“CMS Energy”)

announced that 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. Maddipati has been

with CMS Energy for 12 years, joining in 2014 as assistant treasurer. In 2016, Maddipati was elected vice president and treasurer

where he was responsible for budget and planning, corporate liquidity, financing and maintaining relationships with investors, banks and

rating agencies, a position he held until he moved to the role of Consumers Energy vice president electric supply in 2023. In that role,

Maddipati was responsible for Consumers Energy’s electric supply business unit, which includes electric supply planning and

strategy, market operations, generating plant operations and engineering, and generation development and procurement. He also led the

company’s enterprise project management and real estate functions. Maddipati was appointed Consumers Energy senior vice president

and president of the electric supply business unit in 2025. Prior to joining CMS Energy, Maddipati was vice president in the financial

institutions group at Goldman Sachs.

The Compensation Committee of the Board has approved (i) a base

salary for Maddipati of $775,000 annually and (ii) an increase in his standard award percentage under the CMS Energy Incentive Compensation

Plan to 80% of his base salary. These changes will be effective June 3, 2026. In addition, Maddipati will receive $750,000 in tenure-based

restricted stock which cliff vests on his third-year service anniversary.

There are no arrangements or understandings between Maddipati and CMS

Energy or Consumers Energy pursuant to which Maddipati was elected as executive vice president and chief financial officer.

Additional leadership roles are described in the CMS Energy News Release

which is filed as Exhibit 99.1 to this report and incorporated by reference.

Item 7.01. Regulation FD Disclosure.

The information set forth under Item 5.02 of this Current

Report on Form 8-K is hereby incorporated in Item 7.01 by reference. Additionally, CMS Energy reaffirms, as of June 3,

2026, its guidance as provided on April 28, 2026.

In accordance with General Instruction B.2 of Form 8-K, the information

in this Item 7.01 of this Current Report on Form 8-K, shall not be deemed “filed” for the purposes of Section 18

of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by

reference in any filing under the Securities Act of 1933.

Investors and others should note that CMS Energy routinely posts important

information on its website and considers the Investor Relations section, www.cmsenergy.com/investor-relations, a channel of distribution.

This 8-K contains “forward-looking statements.” The forward-looking statements are subject to risks and uncertainties that could cause

CMS Energy’s and Consumers Energy’s results to differ materially. All forward-looking statements should be considered in the

context of the risk and other factors detailed from time to time in CMS Energy’s and Consumers Energy’s Securities and Exchange Commission

filings.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Index

99.1

CMS Energy News Release dated June 3, 2026

104

Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,

the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

CMS ENERGY CORPORATION

Dated: June 3, 2026

By:

/s/ Shaun M. Johnson

Shaun M. Johnson

Executive Vice President and

Chief Legal and

Administrative Officer

CONSUMERS ENERGY COMPANY

Dated: June 3, 2026

By:

/s/ Shaun M. Johnson

Shaun M. Johnson

Executive Vice President and

Chief Legal and

Administrative Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2616692d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

CMS

Energy Announces Sri Maddipati as Chief Financial Officer, Chris Fultz as President of Electric Supply

JACKSON, Mich.,

June 3, 2026 – CMS Energy announced today, Sri Maddipati, currently Consumers Energy’s senior vice president and president

of electric supply, will be named CMS Energy and Consumers Energy Executive Vice President and Chief Financial Officer, effective on

June 3. Sri will oversee Investor Relations, Treasury, Tax, Accounting, and Financial Planning. Chris Fultz, vice president of low

voltage distribution at Consumers Energy, will become the new senior vice president and president of electric supply, also effective

on June 3. Chris will manage the company’s electric supply business unit, which includes electric supply planning and strategy,

market operations, generating plant operations and engineering, generation development and procurement.

“Sri has nearly

20 years of experience across finance, treasury, banking, capital markets, and investor relations which allows for a seamless transition

of leadership,” said Garrick Rochow, President and CEO of CMS Energy and Consumers Energy. “Sri has held several senior leadership

positions across our company and brings a combination of financial, operational, strategic and regulatory skills which reflects the company’s

thoughtful approach to development and succession and makes him exceptionally well-suited to serve as our next CFO and help lead the

company forward.”

Sri joined CMS Energy

in 2014 and was elected as vice president and treasurer in 2016 where he was responsible for budget and planning, corporate liquidity,

financing and maintaining relationships with investors, banks and rating agencies, a position he held until he moved to the role of Consumers

Energy vice president electric supply in 2023. In that role, Sri was responsible for Consumers Energy’s electric supply business

unit, which includes electric supply planning and strategy, market operations, generating plant operations and engineering, and generation

development and procurement. Sri was appointed Consumers Energy senior vice president and president of the electric supply business unit

in 2025. Prior to joining CMS Energy, Sri was a vice president in the financial institutions group at Goldman Sachs. Sri holds bachelor’s

and master’s degrees in engineering and a Master in Business Administration, all from the University of Michigan.

“Chris brings

a clear commitment to safety, reliability, and affordability, along with the ability to lead large-scale operations and teams

to the electric supply organization,” said Garrick Rochow, President and CEO of CMS Energy and Consumers Energy. “His broad

expertise and leadership within operations, engineering, and project management will be an asset as we plan and execute our long-term

energy supply blueprint.”

Chris previously

served as vice president of low voltage distribution in our electric business and vice president of natural gas operations. Since joining

the company in 2014, Chris held increasingly responsible roles within project management, natural gas operations, transmission, storage

and compression. Prior to Consumers Energy, Fultz worked for Black & Veatch, and he holds bachelor’s and master’s

degrees in electrical engineering from Michigan Technological University, and a master’s degree in business administration from

Oakland University.

Rejji Hayes will

retire as Executive Vice President and Chief Financial Officer, effective June 3.

“I want to

thank Rejji Hayes for his leadership and many contributions to the company. His impact to our co-workers, communities, customers, and

investors has been meaningful, and we are grateful for his service. I wish Rejji the very best in the future.”

CMS Energy (NYSE:

CMS) is a Michigan-based energy provider featuring Consumers Energy as its primary business. It also owns and operates independent power

generation businesses.

Investors and others

should note that CMS Energy routinely posts important information on its website and considers the Investor Relations section, www.cmsenergy.com/investor-relations,

a channel of distribution.

# # #

Media Contacts: Katie Carey, 517/740-1739

Investment Analyst Contact: Travis

Uphaus, 517/817-9241

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