CMS Energy Corporation Elects New Leadership

Strategic Insights -

CMS Energy Corporation's Board of Directors has made significant personnel changes, elevating Victor J. Fryling to the position of Chief Operating Officer and appointing Michael G. Morris as Executive Vice President. Fryling will oversee all operating subsidiaries, while Morris remains President and Chief Executive Officer of Consumers Power Company, the Corporation's Michigan utility subsidiary. These promotions recognize the executives' past achievements and future contributions to the Corporation.

Key Takeaways:

  • Victor J. Fryling, President of CMS Energy, has been elected to the additional position of Chief Operating Officer, overseeing all operating subsidiaries.
  • Michael G. Morris has been appointed Executive Vice President of CMS Energy and is expected to be elected a CMS Energy Director in February 1996.
  • Fryling joined Consumers Power in 1986 as Vice President of planning and investor relations and became Chief Financial Officer in 1987.
  • Morris joined Consumers Power in 1988 as Executive Vice President of natural gas and electric marketing and became President and Chief Executive Officer in 1994.
  • CMS Energy Corporation is a $4 billion international energy company with businesses in electric and natural gas utility operations, independent power production, and oil and gas exploration.
  • Consumers Power Company is Michigan's largest utility and the nation's fourth-largest gas and electric utility.
  • William T. McCormick, Jr., Chairman and Chief Executive Officer of CMS Energy, praised Fryling and Morris as "outstanding executives" whose promotions recognize their contributions to the Corporation.

Statistics:

  • CMS Energy Corporation has sales of $4 billion and assets valued at $8 billion.
  • Victor J. Fryling has been with Consumers Power since 1986 and has held various positions, including Chief Financial Officer and President of CMS Energy.
  • Michael G. Morris has been with Consumers Power since 1988 and has held positions including Executive Vice President of natural gas and electric marketing and President and Chief Executive Officer.

Sources:

  • PRNewswire, Dec. 4, 1995
  • CMS Energy Corporation
  • Kelly M. Farr, CMS Energy, 313-436-9253
  • CMS Energy Corporation's Board of Directors press release.