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Re: ERCOT resignations
[Re: CaptainCrunch]
#13900536
02/24/21 06:06 PM
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Joined: Nov 2002
Posts: 54,454
RayBob
Super Freak
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Super Freak
Joined: Nov 2002
Posts: 54,454 |
Ercot's executive compensation as of 2018. For this kind of money, I'd expect a lot better performance. Couldn't find anything on the board members
$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.
That's some pretty top heavy weight right there! A lot of assistants to the assistants type karp. I don't think these guys affect me as I'm in an eastern border regulated system. Waiting to see if I got one of those $9000kw/hr charges.
Advice? Wise men don't need it. Fools won't heed it.
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Re: ERCOT resignations
[Re: TR176]
#13900545
02/24/21 06:10 PM
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Joined: Jan 2004
Posts: 72,522
Mark Perry
OP
Super Freak
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OP
Super Freak
Joined: Jan 2004
Posts: 72,522 |
Everyone was happy to get a good deal on electricity when it worked great. From the outside looking in these are just fall guys. I don't recall ever getting a chance to vote on how our system is set up. Vote for governor, Governor appointed PUC, PUC appoints ERCOT board, and ERCOT board nominated and votes on each other., None of us had any say in how it was setup no matter the spin put on it.
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Re: ERCOT resignations
[Re: Mark Perry]
#13900553
02/24/21 06:16 PM
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Joined: Feb 2018
Posts: 15,234
Sawhorse
TFF Guru
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TFF Guru
Joined: Feb 2018
Posts: 15,234 |
Everyone was happy to get a good deal on electricity when it worked great. From the outside looking in these are just fall guys. I don't recall ever getting a chance to vote on how our system is set up. Vote for governor, Governor appointed PUC, PUC appoints ERCOT board, and ERCOT board nominated and votes on each other., None of us had any say in how it was setup no matter the spin put on it. If we did, I’d be on the board making Cheryl Mele 2018 money?
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Re: ERCOT resignations
[Re: Sawhorse]
#13900554
02/24/21 06:16 PM
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Joined: Nov 2009
Posts: 39,366
Dan90210 ☮
Jr Deputy Dan
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Jr Deputy Dan
Joined: Nov 2009
Posts: 39,366 |
Everything in life is somewhat a gamble. Not everything. Being disappointed by an over-hyped RATZ vacation blog seems to be a certainty. You mean renting a mini van and driving to the Grand Canyon is not epic? If we are lucky they might hit up the buffet at the Bellagio and get crab legs...
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Re: ERCOT resignations
[Re: Mark Perry]
#13900662
02/24/21 07:50 PM
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Joined: May 2008
Posts: 3,824
donothin
TFF Team Angler
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TFF Team Angler
Joined: May 2008
Posts: 3,824 |
They could probably do just as well with salaries capped at $150,000. Same with many school superintendents. Both ercot and school are governed by boards responsible to the public. Ercot board, I think is appointed by PUC, which I think is appointed by the governor. We can't blame them for their salary but can blame the ones responsible for them being paid so much.
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Re: ERCOT resignations
[Re: CaptainCrunch]
#13900917
02/24/21 11:11 PM
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Joined: Mar 2020
Posts: 531
1956Zebco
Pro Angler
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Pro Angler
Joined: Mar 2020
Posts: 531 |
Ercot's executive compensation as of 2018. For this kind of money, I'd expect a lot better performance. Couldn't find anything on the board members
$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.
Wow - talk about taking care of one another . . . Excuse me while I go hug my Mr. Buddy Heater.
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Re: ERCOT resignations
[Re: Dan90210 ☮]
#13900925
02/24/21 11:15 PM
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Joined: Sep 2009
Posts: 16,021
steveiam
TFF Guru
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TFF Guru
Joined: Sep 2009
Posts: 16,021 |
Everything in life is somewhat a gamble. Not everything. Being disappointed by an over-hyped RATZ vacation blog seems to be a certainty. You mean renting a mini van and driving to the Grand Canyon is not epic? If we are lucky they might hit up the buffet at the Bellagio and get crab legs... I got something positive out of this blog- Take my own TP or go buy some upon arrival-
What has happed to you does not define who you are-
HOW you react to what happens to you DOES!
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Re: ERCOT resignations
[Re: Mark Perry]
#13900933
02/24/21 11:27 PM
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Joined: Oct 2006
Posts: 95,461
Bigbob_FTW
Big Sprocket Bob
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Big Sprocket Bob
Joined: Oct 2006
Posts: 95,461 |
Now they admit they knew people would be out for extended times.
FJB
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Re: ERCOT resignations
[Re: Mark Perry]
#13900962
02/25/21 12:03 AM
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Joined: Aug 2008
Posts: 250
GSKEETER
Angler
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Angler
Joined: Aug 2008
Posts: 250 |
the mystery for me. how did they choose my house for no power ? people across the street had power . confused . just luck of the draw ?
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Re: ERCOT resignations
[Re: GSKEETER]
#13900966
02/25/21 12:05 AM
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Joined: Jan 2005
Posts: 119,862
TexDawg
Top Dawg
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Top Dawg
Joined: Jan 2005
Posts: 119,862 |
the mystery for me. how did they choose my house for no power ? people across the street had power . confused . just luck of the draw ?
Because it was a complete cluster that was caused by human failure to perform
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