ERCOT Chief Canned In Wake Of Texas Winter Storm Outages

Law360 (March 3, 2021, 11:50 PM EST) -- The Electric Reliability Council of Texas' board of directors announced Wednesday night it will terminate its president and CEO within the next 60 days in the aftermath of last month's deadly winter storm, when the state's primary grid operator cut power to millions as temperatures plummeted.

The ERCOT board directed its corporate secretary to exercise the 60-day termination notice to Bill Magness, who will remain with the company as it searches for new leadership, the board said in a statement.

"During this transition period, Bill will continue to serve as President and CEO and work with state leaders and regulators on...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!