Tim Sparks Retires after More Than 30 Years
with the Company
JACKSON,
Mich., Feb. 1, 2024 /PRNewswire/ -- CMS Energy
and its principal subsidiary, Consumers Energy, announced today
that Tim Sparks, vice president of
electric supply, has retired after more than 30 years with the
company.
"Tim's knowledge and counsel will be missed in our electric
supply organization, and he has consistently been an example of a
co-worker who is 'Proud to Wear the Colors,'" said Tonya Berry, senior vice president of
transformation and engineering. "We will miss him but wish him the
best as he enjoys his well-deserved retirement."
Sri Maddipati has been named vice
president of electric supply. Maddipati is responsible for electric
supply operations, generation engineering and electric supply
strategy.
"Sri brings extensive knowledge of energy markets, our
regulatory construct, and strong financial and business acumen. I
look forward to his expertise as we continue leading the company's
clean energy transformation and implement the new energy law in
Michigan within our electric
supply function," added Berry.
Sri joined CMS Energy in 2014 and previously served as
treasurer, vice president of finance and investor relations. He
also chaired the Benefit Administration Committee, which is
responsible for managing employee benefit plan investments. Having
earned bachelor's and master's degrees in engineering from the
University of Michigan, Sri will help
our engineering team continue delivering on our clean energy and
decarbonization goals.
Effective Dec. 16, 2023,
Jason Shore replaced Sri as
treasurer and vice president of investor relations. He is
responsible for managing investor relations, corporate liquidity
and financing and maintaining relationships with commercial and
investment banks and the credit rating agencies.
"Jason is a trusted and dedicated leader and has been an
integral part of our Finance team for over 25 years. He is
well-respected by both internal and external stakeholders, and we
are looking forward to expanding his work with the investment
community," said Rejji Hayes, executive vice president and chief
financial officer.
Jason previously served as executive director of treasury and
capital markets. In this role, he led strategic enterprise-wide
financing initiatives. He also managed cash administration,
liquidity analysis, funding sources, capital structure and credit
exposure. Jason joined the company in 1998 and has held numerous
accounting and finance leadership roles, including director of
general accounting and executive director of budget, planning and
analysis. Jason holds a bachelor's degree in accounting from
Michigan State University.
CMS Energy (NYSE: CMS) is a Michigan-based company that has an electric
and natural gas utility, Consumers Energy, as its primary business.
It also owns and operates independent power generation
businesses.
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SOURCE Consumers Energy