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Texas power grid operator CEO fired following massive winter storm
« on: March 04, 2021, 02:42:30 pm »
Texas power grid operator CEO fired following massive winter storm
by Mike Brest, Breaking News Reporter |
 | March 04, 2021 08:17 AM

The head of the power company that failed Texas during last month's blizzard will not be in the position much longer.

Electric Reliability Council of Texas's board of directors decided on Wednesday to exercise the company's 60-day termination notice for president and CEO Bill Magness.

“The ERCOT Board of Directors met this evening and directed the Corporate Secretary to exercise the 60 days’ termination notice to ERCOT President and CEO Bill Magness pursuant to the employment agreement with ERCOT," the company said in a statement, obtained by CNN. "During this transition period, Bill will continue to serve as President and CEO and work with state leaders and regulators on potential reforms to ERCOT."

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https://www.washingtonexaminer.com/news/texas-power-grid-operator-fired-ceo-ercot
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Re: Texas power grid operator CEO fired following massive winter storm
« Reply #1 on: March 04, 2021, 02:52:42 pm »
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No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington
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