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CMS Energy Stock Price

65.26 -0.52 -0.79% Volume: 1,184,258 09.23.22 04:03 ET
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Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, CMS may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including net income, earnings per share, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. CMS provides historical financial results on both a GAAP and non-GAAP basis. Management views adjusted earnings as a key measure of the company’s present operating financial performance and uses adjusted earnings for external communications with analysts and investors. Internally, the company uses adjusted earnings to measure and assess performance. Adjustments could include items such as discontinued operations, asset sales, impairments, restructuring costs, regulatory items from prior years, or other items. Because the company is not able to estimate the impact of specific line items, which have the potential to significantly impact, favorably or unfavorably, the company’s reported earnings in future periods, the company is not providing reported earnings guidance nor is it providing a reconciliation for the comparable future period earnings.

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A reconciliation of each of these non-GAAP measures to the most directly comparable GAAP measure is included as a separate link and also posted on the CMS website at www.cmsenergy.com.

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  • I Understand 

Garrick J. Rochow

Garrick J. Rochow, President and Chief Executive Officer of CMS Energy Corporation and Consumers Energy Company

Garrick J. Rochow is president and chief executive officer of CMS Energy and its principal subsidiary, Consumers Energy, which serves 1.9 million electric customers and 1.8 million natural gas customers. The company has annual revenues of $6.7 billion, assets totaling $29.7 billion and 8,500 employees. He was elected to this position in December 2020.


Rochow previously was executive vice president of operations. He was responsible for the company’s electric and natural gas distribution and transmission operations, generation and compression operations, operations performance, regulatory compliance and planning and scheduling.


Previously, Rochow served in several operations leadership roles. Before becoming senior vice president of operations, he was Consumers Energy’s senior vice president of distribution and customer operations. In that role, he led the company’s electric and natural gas distribution systems, engineering, energy operations, electric and gas transmission and customer operations.


Previously, Rochow was Consumers Energy’s vice president of customer experience, rates and regulation and quality and chief customer officer after serving as vice president of energy delivery. In his energy delivery role, he led engineering and planning of the company’s electric and natural gas distribution systems.


Rochow joined Consumers Energy in 2003 and has held several leadership positions, including combustion turbine business manager at the Zeeland generating facility and site production manager at the Campbell Generating Complex. Rochow began his utility career as an environmental lead at the Holland Board of Public Works, where he served as a maintenance superintendent and managed steam turbine and boiler outage responsibilities.


Rochow graduated from Michigan Technological University with a bachelor’s degree in environmental engineering and earned a master’s degree in business administration from Western Michigan University. He also has attended an executive education program at the University of Wisconsin-Madison’s Wisconsin School of Business

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