March 3, 2021      8:51 PM

ERCOT CEO Bill Magness voted out by Board of Directors

Vote was 6-1-2. Lori Cobos of Office of Public Utility Counsel abstained, says she had concerns with the termination terms. Magness is turning down $800,000 severance that he'd be entitled to because the firing is without cause.

Copyright March 03, 2021, Harvey Kronberg, www.quorumreport.com, All rights are reserved