David W. Joos, born in 1953, led CMS Energy Corporation and its main subsidiary, Consumers Energy, from 2004 until 2010. He began his journey with Consumers in 1976 and worked his way up through various roles, showing his commitment to...

David W. Joos, born in 1953, led CMS Energy Corporation and its main subsidiary, Consumers Energy, from 2004 until 2010. He began his journey with Consumers in 1976 and worked his way up through various roles, showing his commitment to the company. Notably, Joos held significant positions prior to becoming CEO, including President and Chief Operating Officer. In 2004, he was elected as CEO when the company was eager to improve its financial performance. Under his leadership, CMS Energy saw its stock prices fluctuate significantly, highlighting his effective management amidst changing market conditions. Joos had impressive insider trading activity, with his portfolio peaking at around $29 million in early 2021. His compensation varied over the years, peaking at nearly $7.8 million in 2009, and included performance bonuses that incentivized shareholder returns. He also had a history of significant stock holdings, with up to 287,077 shares reported in 2005. After retiring in 2010, he continued contributing to the industry by serving on other boards, including Steelcase Inc. Joos's story showcases the ups and downs of leadership in the energy sector, balancing short-term challenges with long-term growth.