DTE Energy 2014 Annual Report Download - page 134

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ARTICLE III.
Officers
Section 1. Officers and Agents. The officers of the Company shall be a President, a Corporate Secretary and a Treasurer. The
Board of Directors may also, from time to time, elect a Chief Executive Officer and one or more Vice Presidents, a Controller, a
General Auditor, a General Counsel and such other officers and agents, as it may deem proper or advisable in the conduct of the affairs
of the Company. The Board of Directors may, in its discretion, leave vacant any office other than that of the President, Corporate
Secretary, or Treasurer. Except as otherwise provided by law, the Articles of Incorporation or these Bylaws, one person may hold any
number of offices.
Section 2. Term of Office. The term of office of all officers shall be until the next annual meeting of the Board of Directors or
until the officers’ respective successors are chosen and qualified. Any officer or agent elected by the Board of Directors may be
removed by the Board at any time, with or without cause.
Section 3. Chief Executive Officer. The Chief Executive Officer of the Company shall have general charge of the business
and affairs of the Company, subject to the control of the Board of Directors, may create in the name of the Company corporate
obligations or other instruments and shall perform such other functions and acts as may be incident to the office of Chief Executive
Officer or prescribed by the Board of Directors from time to time. The Chief Executive Officer may also simultaneously serve as the
Chairman of the Board.
The Chief Executive Officer shall manage or supervise the conduct of the corporate finances and relations of the Company
with its shareholders, with the public, and with regulatory authorities, and may exercise all powers conferred upon the President
elsewhere in the Bylaws. The Chief Executive Officer may delegate from time to time to other officers, employees or positions of the
Company, such powers as the Chief Executive Officer may specify in writing. A copy of each such delegation and of any revocation
or change shall be filed with the Corporate Secretary.
Section 4. President. The President shall have the power and authority, subject to the control of the Board of Directors and
the Chief Executive Officer, if one has been appointed, to perform all acts incident to the President’s office or prescribed by the Board
of Directors or the Chief Executive Officer, or authorized or required by law. During the absence or disability of the Chief Executive
Officer, if one has been elected, the President shall assume the duties and authority of the Chief Executive Officer of the Company.
Section 5. Other Officers. The other officers, agents, and employees of the Company shall each have such powers and
authority to perform such duties in the management of the property and affairs of the Company, subject to the control of the Board of
Directors, as generally pertain to their respective offices, as well as such powers and duties that, from time to time, may be prescribed
by the Board of Directors, by the Chief Executive Officer, or by the President, as the case may be.
Section 6. Compensation. The compensation of all executive officers of the Company above the level of Assistant Vice
President (or equivalent) and the General Auditor (whether or not he or she is above the level of Assistant Vice President) shall be
fixed by the Board of Directors or by an authorized committee of the Board of Directors.