Is resigning from the board after a HUGE fail enough to remove liability and responsibility? Absolutely not especially with large consequences from the failure. The failure: failing to listen to and act accordingly to the experts. This board was one of the many who failed during the 2021 Texas storm. And now there are many, many consequences. And board members have fled the scene in droves with currently 1/2 filled board seats. for shame for shame but it should not stop here. Action can be taken severally and wholly. Just resigning after an event does not cleanse. Resignation is not like the confessional construct where all is forgiven because it was spoken and admitted. Let's go Texans - you can take action! Here's a story from likely one of the few media who were willing to at least point the finger.
Austin Energy GM Jacqueline Sargent resigns from ERCOT's board of directors in wake of winter storms
Winter Storm Uri caused restaurants across Austin to close due to power outages and unsafe road conditions. (Jack Flagler/Community Impact Newspaper)
Sargent, the highest-paid public servant on the city's payroll, served in a volunteer role on ERCOT, representing the municipal segment of the state's power market.
In her resignation letter, Sargent said the state's power community needs to work together to ensure accountability for the power outages that devastated Texas in mid-February and left millions of Texans and hundreds of thousands of Austinites without power for days.
"I am heartened that our industry intends to take a tough look at recent events and make necessary changes, and I believe my resignation will allow me to more fully support those efforts," Sargent wrote.
With Sargent's resignation, more than half of the ERCOT board's seats are vacant. The board of directors voted to terminate CEO Bill Magness on March 3. The agency's chair and vice chair also stepped down immediately following the blackouts, as did three other members and another prospective board member who applied to fill a vacancy. DeAnn Walker, chair of the Texas Public Utility Commission, also stepped down from her role leading the governor-appointed agency that oversees ERCOT as she faced mounting pressure from lawmakers to resign.