Boots & Sabers

The blogging will continue until morale improves...

Owen

Everything but tech support.
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2229, 04 Mar 21

CEO Fired After Power Grid Failure

It’s good to see some accountability.

Bill Magness, CEO of the Electric Reliability Council of Texas, was fired on Wednesday in the wake of February’s deadly blackouts that left millions without electricity and heat in freezing temperatures.

 

As power grid manager, Magness was given a 60-day termination notice by the company’s board of directors. He has not released a statement yet on his termination, but he informed the board that he will not seek or accept severance pay, according to an updated employment agreement.

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2229, 04 March 2021

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