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CMS Energy Stock Price

61.40 +0.06 +0.1% Volume: 1,047,018 09.28.20 04:02 ET

CMS Energy Stock Price

28Sep2020 04:02 ET 61.40 +0.06 +0.1% Volume: 1,047,018

Media Contacts

MEGAN
BROWN
Senior Director of Public Relations
and Communications
517-788-6538
megan.brown@cmsenergy.com
KATIE
CAREY
Director of Media Relations
517-788-2395
katelyn.carey@cmsenergy.com
BRIAN
WHEELER
Senior Public Information Director
517-788-2394
brian.wheeler@cmsenergy.com

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

CMS Energy, Corp. (“CMS”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only. By clicking “Accept” you acknowledge and agree that neither CMS nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against CMS and Virtua and further acknowledge and agree that in no event shall CMS or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to the Legal Notice, this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if CMS and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s). If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

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.

CMS and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should be considered supplemental information to assist in fully understanding our business results, rather than as a substitute for the reported earnings.

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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News Releases

Consumers Energy Recognized by Forbes Magazine as Best Employer for Women in Utility Sector

Sep 01, 2020
Announces New Parental Leave Policy for Employees

JACKSON, Mich., Sept. 1, 2020 /PRNewswire/ -- Consumers Energy has been named the best employer for women in the utility sector and tied for third best employer in Michigan according to a new ranking from Forbes magazine of the best places in America for women to work. As a company committed to leading the way in Diversity, Equity and Inclusion in Michigan and the utility sector, Consumers Energy also announced a change to their parental leave policy, allowing birthing mothers six months (24 weeks) paid leave, and a four month (16 weeks) paid leave to a nonbirthing parent.

The new leave time can be used for adoption and foster care placements and be taken over a 12-month period. The company is also extending 40 hours of paid medical leave to non-represented, exempt employees, an expansion of a state requirement. The new parental leave policy is included in the 2020 contract negotiated with the company's largest union, the Michigan State Utility Workers Council, which is subject to ratification by covered members over the coming weeks.

"Consumers Energy always talked the talk when it came to creating a culture and policies aimed to attract and retain talent in our company, but with the world-class change in our parental leave policy, we are walking the walk as well," said Patti Poppe, Consumers Energy's President and CEO. "Despite the latest ranking from Forbes, we are not satisfied and will continue to work hard to do more such as increasing diversity and women in traditionally male-dominated fields and in the electric lineworker and gas boot camp programs."

Consumers Energy ranked No. 1 in the utility sector, tied for third in the state and was 144th overall in Forbes's third annual ranking of the best employers for women. Forbes collaborated with market research firm Statista, surveying 75,000 Americans, including 45,000 women, working for businesses that employ more than 1,000 workers. The respondents spanned 31 industries and were asked to share their opinion on a series of statements about their respective employer's culture, opportunities for career development, image, working conditions, salary and wages and diversity.

"As a working mother of three children seven years old and under, and having experienced the joy and challenges of maternity leave, I have advocated for the new parental leave policy in my role as the Executive Sponsor of our Women's Advisory Panel employee resource group," said Lauren Youngdahl Snyder, vice president of Customer Experience. "This is a no regrets move to ensure all new parents - regardless of how they build their family - will be afforded ample time to grow, bond, and adjust to their new normal."

Consumers Energy, Michigan's largest energy provider, is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and/or electricity to 6.7 million of the state's 10 million residents in all 68 Lower Peninsula counties.

For more information about Consumers Energy, go to ConsumersEnergy.com.

Check out Consumers Energy on Social Media  
Facebook: https://www.facebook.com/consumersenergymichigan  
Twitter: https://twitter.com/consumersenergy  
LinkedIn: https://linkedin.com/company/consumersenergy  
Instagram: https://www.instagram.com/consumersenergy

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/consumers-energy-recognized-by-forbes-magazine-as-best-employer-for-women-in-utility-sector-301121503.html

SOURCE Consumers Energy

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