Sundar PichaiSundar Pichai earned $164M in 2023
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John G. Russell

Ex-CEO of CMS Energy

Education

Not specified

Field of Expertise

Business & Management - Business Management

Born

January 1, 1958 - 67 years ago

Economy Sector

Utilities

Tenure

6 years 1 month (May 2010 - Jul 2016)

Previous Experience

Various positions at Consumers Energy since 1981

John G. Russell is the former CEO of CMS Energy, serving from 2010 until his retirement in 2016. Under his leadership, the company focused on aligning executive compensation with shareholder value, achieving impressive bonus payouts based on performance metrics like...

Year

2016

Total Compensation

$6.97M

Salary

$636.00K

Board Justification

The compensation philosophy is designed to align with increasing shareholder value, enable competition for top executive talent, reward measurable results, and ensure fairness and competitiveness in compensation.

Bonus

$896.76K

Board Justification

The bonus was based on the achievement of EPS and OCF goals, resulting in a payout of 141% of target for the Annual Incentive Plan in 2016.

Other

$152.07K

Board Justification

Other compensation includes contributions to the Deferred Compensation Plans and life insurance premiums.

Restricted Stock

$5.29M(5.29M performance-based restricted stock)

Board Justification

The stock awards that vested were performance-based restricted stock awarded under the Stock Plan, which vested based on the Corporation’s relative TSR performance from January 2013 to January 2016.

Performance Metrics

The performance metrics for the CEO's compensation included EPS and OCF targets, with EPS weighted at 70% and OCF at 30%.