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Executive Appointments Monitor Worldwide
The Electric Reliability Council of Texas (ERCOT) board has selected a new CEO and president. Brad Jones will fill the role in an interim capacity in early May.
Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New York. He was an early favorite to replace the embattled CEO and president, Bill Magness, who served in the position for half a decade.
Magness has maintained that ERCOT performed well during the energy crisis, and that the Public Utility Commission and state legislature hold most of the power when it comes to mandating grid resiliency.