CBS Dallas-Fort Worth: “ERCOT CEO Bill Magness is being replaced. The Board of Directors for the Electric Reliability Council of Texas voted 6-1 Wednesday night, March 3, to give the CEO 60 days notice per his contract. An executive search firm will be hired to find a replacement. Magness joined ERCOT in 2010, and became ERCOT’s president and chief executive officer in January 2016, according to ERCOT’s web page. Before becoming CEO, Magness served as ERCOT’s general counsel. Magness’ ouster is fallout from the Texas power grid failure during winter storms and historically frigid temperatures two weeks ago”