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Texas Power Grid CEO Fired After Deadly February Blackouts

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Bill Magness fired as Texas Power Grid CEOTexas’ power grid manager was fired Wednesday amid growing calls for his ouster following February’s deadly blackouts that left millions of people without electricity and heat for days in subfreezing temperatures.

Bill Magness, CEO of the Electric Reliability Council of Texas, becomes the second senior official to depart in the wake of the one of the worst blackouts in U.S. history. The state’s top utility regulator resigned Monday.

Magness was given a two-month termination notice by ERCOT’s board in a meeting Wednesday night. The move came as the grid operator is now under investigation by the House Oversight Committee.


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