CMS Energy Corporation Announces Kenneth L. Way
24 July 1998
CMS Energy Corporation Announces Lear Corporation's Chairman and CEO, Kenneth L. Way Elected to Board of DirectorsDEARBORN, Mich., July 24 -- CMS Energy Corporation today announced Kenneth L. Way has been elected as a member of its Board of Directors. Mr. Way's election brings membership of the Board to eleven Directors. Mr. Way is chairman and chief executive officer of Lear Corporation, one of the world's largest suppliers to the automotive industry. He has been chairman and chief executive officer of Lear since 1988 and has been affiliated with Lear and its predecessor companies for 32 years. Specializing in automotive interior systems, Lear Corporation's 1997 sales totaled $7.3 billion. A native of Detroit, Mr. Way earned a master of business administration degree in 1971 and a bachelor of science degree in 1961, both from Michigan State University. He received an honorary doctor of engineering degree from Lawrence Technological University in 1995. Mr. Way serves on the boards of directors of Comerica, Inc. and the R.P. Scherer Corporation. He also serves on the boards of trustees of Kettering University in Flint and the Henry Ford Health Systems. Mr. Way is active in several community organizations, including membership on the Detroit Renaissance and Detroit Regional Chamber of Commerce boards of directors. In announcing Mr. Way's election, William T. McCormick, Jr., CMS Energy's chairman and chief executive officer, said "Ken Way is an outstanding leader whose experience and background in the worldwide automotive industry will add strength to CMS Energy's Board. We're delighted to have him." CMS Energy Corporation is a $5 billion (sales), $10 billion (assets) international energy company operating throughout the U.S. and in 20 countries around the world with businesses in electric and natural gas utility operations; independent power production; natural gas pipelines and storage; oil and gas exploration and production; and energy marketing, services and trading. CMS Energy Corporation's principal subsidiary is Consumers Energy, Michigan's largest utility and America's fourth largest combination gas and electric utility.