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ERCOT resignations #8181646 02/23/21 11:02 PM
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cringe Offline OP
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Haven't seen it posted yet, looks like some are bailing

Ercot

Re: ERCOT resignations [Re: cringe] #8181648 02/23/21 11:04 PM
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fadetoblack64 Offline
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Uh huh............like I said.

Now investigate the chit out of them

Re: ERCOT resignations [Re: cringe] #8181651 02/23/21 11:07 PM
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TurkeyHunter Online Content
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It’s that sort of thing referred to as a cushy job?

Reminds me of the “levee committee” in the New Orleans area.


To be determined
Re: ERCOT resignations [Re: cringe] #8181656 02/23/21 11:10 PM
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bill oxner Offline
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Bring it.


Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill


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Re: ERCOT resignations [Re: cringe] #8181675 02/23/21 11:33 PM
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Tin Head Offline
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likely signed off with a huge bonus so the can reduce its liability. smoke and mirrors


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Re: ERCOT resignations [Re: cringe] #8181730 02/24/21 12:01 AM
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Biscuit Online Shocked
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Bye

Re: ERCOT resignations [Re: cringe] #8181742 02/24/21 12:06 AM
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Jimbo1 Online Content
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They didn't live in Texas anyways...Bye!


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BBB - Bring Back Better
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Re: ERCOT resignations [Re: cringe] #8181749 02/24/21 12:11 AM
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reeltexan Online Content
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sorry s's o b's


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"Give me an Army of West Point graduates and I'll win a battle... Give me a handful of Texas Aggies and I'll win a war." - General Patton


Re: ERCOT resignations [Re: cringe] #8181756 02/24/21 12:16 AM
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HuntnFly67 Online Content
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Good. GTFO.

Re: ERCOT resignations [Re: cringe] #8181761 02/24/21 12:25 AM
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BbarVRanch Offline
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Being on the Board of Directors also makes each and every member personally liable for the actions of the board.

Sounds like they are cutting their losses too late.

Re: ERCOT resignations [Re: cringe] #8181794 02/24/21 12:46 AM
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Another little Tibit of Information,,, 811 employees received $107 million in compensation, which equates to an average compensation of $132,000. However, only 459 employees received more than $100,000 in compensation. The 21 most highly compensated employees were reported to be:

$883,264: William Magness, Board Member, President and CEO
$500,834: Cheryl Mele, SVP and COO
$468,394: Jerry Dreyer, SVP and CIO
$452,865: Chad Seely, SVP, General Counsel and Governance
$395,669: Michael Petterson, VP and CFO
$370,906: Dwayne Rickerson, VP, Grid Planning and Operations
$370,622: Diane M Williams, VP, Human Resources
$358,095: Theresa Gage, VP, External Affairs and Corp Comm
$350,934: Sallie Betty Day, VP, Gov’t, Risk, and Compliance
$349,982: Kenan Ogleman, VP, Commercial Operations
$317,839: Steve Daniels, VP, Application Services and IT Ops
$290,373: David Forfia, Director, IT Architecture
$289,296: Nathan Bigbee, Asst General Counsel, Regulator
$288,202: Mark Ruane, Director, Settlements, Retail, and CRE
$287,753: Bryan Hanley, Director, IT Infrastructure
$286,358: Joel Mickey, Senior Director, Wholesale Market Design
$284,403: Dan Woodfin, Sr. Director, System Operations
$264,925: Warren Lasher, Senior Director, System Planning
$261,252: Vickie Leady, Asst GC and Asst Corp Sec’y
$254,291: John Messer, Director, IT Application Development
$235,538: Amanda Bauld, Director, Project Management Office
The 21 most highly compensated employees received nearly $8 million.

Re: ERCOT resignations [Re: cringe] #8181821 02/24/21 01:15 AM
Joined: Nov 2018
Posts: 1,948
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Davis300 Offline
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Take the money and run.....scumbags.

Re: ERCOT resignations [Re: cringe] #8181875 02/24/21 01:49 AM
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Carbetbaggers hanged



Re: ERCOT resignations [Re: cringe] #8181934 02/24/21 02:29 AM
Joined: Jul 2005
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Stump_jumper Offline
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Looks like a top heavy organization to me for a lack of anything resembling revenue.


2017 Tundra 5.7 CM 4x4
2006 Champion 2200 Bay Boat
Re: ERCOT resignations [Re: BbarVRanch] #8181938 02/24/21 02:32 AM
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Originally Posted by BbarVRanch
Being on the Board of Directors also makes each and every member personally liable for the actions of the board.

Sounds like they are cutting their losses too late.

I think they might be able to weasel out of any liability for their actions or lack thereof just like judges and politicians do...

Re: ERCOT resignations [Re: cringe] #8181960 02/24/21 02:45 AM
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1. So long to them, that doesn’t stop you from being investigated.

2. I hate when people share Dallas Morning News Articles. They are always trying to make you pay.

Re: ERCOT resignations [Re: Ktexas14] #8181982 02/24/21 02:57 AM
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bill oxner Offline
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Originally Posted by Ktexas14
1. So long to them, that doesn’t stop you from being investigated.

2. I hate when people share Dallas Morning News Articles. They are always trying to make you pay.


confused2


Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill


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Re: ERCOT resignations [Re: cringe] #8182014 02/24/21 03:27 AM
Joined: Apr 2005
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Cushy jobs for connected people. I suspect there will be a few rumblings and in a couple of months be forgotten. If there are any legal actions the only winners will be lawyers.


To be determined
Re: ERCOT resignations [Re: TurkeyHunter] #8182017 02/24/21 03:31 AM
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Originally Posted by TurkeyHunter
Cushy jobs for connected people. I suspect there will be a few rumblings and in a couple of months be forgotten. If there are any legal actions the only winners will be lawyers.

And probably a crooked judge or 2 taking bribes to rule it moot...

Re: ERCOT resignations [Re: cringe] #8182068 02/24/21 04:18 AM
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What a joke! Yeah living out of state was what went wrong last week....... if only Ted never went to Mexico.... you guys are something else.

Re: ERCOT resignations [Re: glens] #8182074 02/24/21 04:24 AM
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Originally Posted by glens
Another little Tibit of Information,,, 811 employees received $107 million in compensation, which equates to an average compensation of $132,000. However, only 459 employees received more than $100,000 in compensation. The 21 most highly compensated employees were reported to be:

$883,264: William Magness, Board Member, President and CEO
$500,834: Cheryl Mele, SVP and COO
$468,394: Jerry Dreyer, SVP and CIO
$452,865: Chad Seely, SVP, General Counsel and Governance
$395,669: Michael Petterson, VP and CFO
$370,906: Dwayne Rickerson, VP, Grid Planning and Operations
$370,622: Diane M Williams, VP, Human Resources
$358,095: Theresa Gage, VP, External Affairs and Corp Comm
$350,934: Sallie Betty Day, VP, Gov’t, Risk, and Compliance
$349,982: Kenan Ogleman, VP, Commercial Operations
$317,839: Steve Daniels, VP, Application Services and IT Ops
$290,373: David Forfia, Director, IT Architecture
$289,296: Nathan Bigbee, Asst General Counsel, Regulator
$288,202: Mark Ruane, Director, Settlements, Retail, and CRE
$287,753: Bryan Hanley, Director, IT Infrastructure
$286,358: Joel Mickey, Senior Director, Wholesale Market Design
$284,403: Dan Woodfin, Sr. Director, System Operations
$264,925: Warren Lasher, Senior Director, System Planning
$261,252: Vickie Leady, Asst GC and Asst Corp Sec’y
$254,291: John Messer, Director, IT Application Development
$235,538: Amanda Bauld, Director, Project Management Office
The 21 most highly compensated employees received nearly $8 million.


How many of these skid marks bailed out?


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Originally Posted by machinist
Man if I knew what Oxner knows I could throw away what I know
Re: ERCOT resignations [Re: Ktexas14] #8182105 02/24/21 04:57 AM
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Originally Posted by Ktexas14
1. So long to them, that doesn’t stop you from being investigated.

2. I hate when people share Dallas Morning News Articles. They are always trying to make you pay.

2.
https://www.newsmax.com/t/newsmax/article/1011256/16


Do not forget to entertain strangers, For by so doing some have unwittingly entertained angels
Hebrews 13:2
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Re: ERCOT resignations [Re: cringe] #8182106 02/24/21 04:58 AM
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Originally Posted by cringe
Haven't seen it posted yet, looks like some are bailing

Ercot

BTW,
welcome


Do not forget to entertain strangers, For by so doing some have unwittingly entertained angels
Hebrews 13:2
(R-TX)
Re: ERCOT resignations [Re: cringe] #8182117 02/24/21 05:16 AM
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I don’t think I ever heard of Ercot before last week.

Re: ERCOT resignations [Re: Jimbo1] #8182176 02/24/21 11:30 AM
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Originally Posted by Jimbo1
They didn't live in Texas anyways...Bye!

up

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