Venkat Dhenuvakonda (DV) Rao is senior vice president of strategy for CMS Energy and its principal subsidiary, Consumers Energy. He was elected to this position in 2016.
Rao’s leads corporate strategy and strategic projects, which includes new products and business development. Rao’s corporate strategy responsibilities include developing and successfully executing strategy for CMS Energy and Consumers Energy. In his strategic projects role, Rao is responsible for development, testing and piloting of new technologies and business models. Rao also leads CMS Enterprises, which manages the unregulated energy businesses of CMS Energy. These include independent power plants focused on renewables and natural gas.
Rao last served as vice president, treasurer, financial planning and investor relations. He was responsible for developing the financial plan for the company, managing corporate liquidity, financing and treasury operations, and maintaining relationships with investors, banks and rating agencies. Prior to this role, Rao served as vice president of financial planning and treasurer. As treasurer, he also served as chairman of CMS Energy’s Benefit Administration Committee, which is responsible for managing employee benefit plan investments, including pension, 401(k), health care and life insurance.
He joined CMS Energy in 1999 as a financial analyst in the global finance group. From 2000 to 2003, he handled several restructuring and project financing transactions for CMS Energy. In 2004, he joined Consumers Energy as director of financial planning.
Before joining CMS Energy, Rao held project financing responsibilities for five years at ICICI Banking Corporation in Mumbai, India.
Rao earned a bachelor’s degree in mechanical engineering from the Indian Institute of Technology (IIT) in Mumbai and a post-graduate diploma in management from the Indian Institute of Management (IIM) in Lucknow. He is a Chartered Financial Analyst (CFA) charterholder. In 2010, he completed the Graduate Management Program at Harvard Business School.
What is Venkat Dhenuvakonda Rao's net worth?
The estimated net worth of Venkat Dhenuvakonda Rao is at least $2.13 million as of May 11th, 2022. Mr. Rao owns 35,241 shares of CMS Energy stock worth more than $2,131,728 as of April 26th. This net worth approximation does not reflect any other investments that Mr. Rao may own. Learn More about Venkat Dhenuvakonda Rao's net worth.
How do I contact Venkat Dhenuvakonda Rao?
Has Venkat Dhenuvakonda Rao been buying or selling shares of CMS Energy?
Venkat Dhenuvakonda Rao has not been actively trading shares of CMS Energy in the last ninety days. Most recently, Dhenuvakonda Rao Venkat sold 1,000 shares of the business's stock in a transaction on Wednesday, May 11th. The shares were sold at an average price of $69.20, for a transaction totalling $69,200.00. Following the completion of the sale, the senior vice president now directly owns 35,241 shares of the company's stock, valued at $2,438,677.20. Learn More on Venkat Dhenuvakonda Rao's trading history.
Who are CMS Energy's active insiders?
Are insiders buying or selling shares of CMS Energy?
In the last year, insiders at the utilities provider sold shares 7 times. They sold a total of 40,012 shares worth more than $2,266,912.79. The most recent insider tranaction occured on February, 23rd when SVP Brandon J Hofmeister sold 3,500 shares worth more than $202,230.00. Insiders at CMS Energy own 0.4% of the company.
Learn More about insider trades at CMS Energy. Information on this page was last updated on 2/23/2024.
