ERCOT Board Announces Interim CEO

The ERCOT Board of Directors today announced the selection of Brad Jones to serve as interim President and CEO, effective May 4, 2021.

Jones was elected by the Board to serve as interim President and CEO until the permanent position has been filled, up to a term of one year (pursuant to ERCOT Bylaws). The terms of Jones’ engagement with ERCOT will be established with the ERCOT Human Resources and Governance Committee, subject to Board approval.

Jones has 30+ years of industry experience, including serving as former ERCOT Vice President of Commercial Operations from April 2013 – December 2014 and Senior Vice President and Chief Operating Officer from January 2015 – October 2015. He served as President and Chief Executive Officer of the New York Independent System Operator from October 2015 – October 2018. He is a past Chairman of the Edison Electric Institute’s Executive Advisory Committee and a board member for the Gulf Coast Power Association.

On March 15, 2021, at the request of the Board, ERCOT issued a Request for Proposal to identify and contract with a qualified executive search firm to assist the Board with identifying, investigating, qualifying and presenting a pool of qualified candidates for ERCOT’s President and CEO position. Confidential proposals were due April 9, and ERCOT received eight proposals that it is evaluating for Board consideration.