Apr 17, 2023 Human Resources and Governance Committee Meeting

[00:00:03]

GOOD AFTERNOON.

[1. Call General Session to Order]

THIS MEETING'S BEING WEBCAST LIVE TO THE PUBLIC ON ERCOT WEBSITE.

A I WANNA HIGHLIGHT TO THE COMMITTEE MEMBERS THAT THE ANTITRUST ADMONITION AND SECURITY MAP ARE INCLUDED IN YOUR, UM, POST IMMEDIATE MATERIALS.

THE FIRST ITEM ON THE AGENDA IS ITEM NUMBER TWO, NOTICE OF PUBLIC COMMENT, IF ANY.

TODAY'S MEETING AGENDA WAS POSTED PUBLICLY ON APRIL 10TH AND PROVIDED INSTRUCTIONS FOR THE PUBLIC FOR COM COMMENTING IN PERSON TO DATE, NO ONE HAS EXPRESSED INTEREST IN COMMENTING.

IS THAT CORRECT, CHAD? THAT IS CORRECT.

THANK YOU.

NEXT UP IS,

[3. February 27, 2023 General Session Meeting Minutes]

UNLESS COMMITTEE MEMBER HAS COMMENTS OR WOULD LIKE TO DISCUSS THE MINUTES, I'D LIKE TO SEE IF THERE'S A MOTION TO APPROVE THE MINUTES.

COURTNEY, COURTNEY, MOVE JOHN SECOND.

ALL IN FAVOR? AYE.

ANY OPPOSED OR ABSTENTIONS? HEARING NONE.

THE MOTION IS UNANIMOUSLY PASSED.

MARS BECK

[4. Human Resources Operations Report]

ITEM FIVE, WHICH HAS TWO SUBPARTS.

THANK YOU, MAR.

THANK YOU.

GOOD AFTERNOON.

I'M MARSH BACK, VP OF HR AT ERCOT, AND TODAY I'LL TALK THROUGH THE HR OPERATIONAL STATISTICS THROUGH MARCH, 2023.

SO THIS FIRST SLIDE IS AN OVERVIEW OF OUR HEADCOUNT.

WE HAVE CURRENTLY 818 FULL-TIME EMPLOYEES, 42 CONTINGENT WORKERS, AND THIS IS AN INCREASE OF 19 EMPLOYEES AND A DECREASE OF SIX CONTINGENT WORKERS.

SINCE MY LAST REPORT TO YOU, OUR RECRUITING TEAM HAS BEEN EXTREMELY BUSY.

THEY CONTINUE TO BE EXTREMELY BUSY SOURCING AND FILLING OUR OPEN POSITIONS.

WE ONBOARDED 42 NEW HIRES FROM JANUARY THROUGH MARCH.

WE CURRENTLY ARE SOURCING FOR 60 OPEN POSITIONS, AND WE HAVE 20 CANDIDATES THAT HAVE ACCEPTED FUTURE START DATE OFFERS AT ERCOT.

AND WE ALSO CURRENTLY HAVE APPROXIMATELY A DOZEN OFFERS THAT ARE OUTSTANDING WAITING FOR FEEDBACK FROM THE CANDIDATES.

OUR TOTAL ATTRITION AT ERCOT HAS CONTINUED TO DECREASE SLIGHTLY TO 13, AND THE VOLUNTARY ATTRITION HAS DECREASED SLIGHTLY TO 11.1.

SINCE MY LAST REPORT TO YOU, THE TOTAL NUMBER OF TERMINATIONS FROM JANUARY THROUGH MARCH IS 14.

11 OF THOSE ARE VOLUNTARY.

AND OF THOSE 11 VOLUNTARY TERMINATIONS, LESS THAN HALF FOR, FOR THE REASON OF BETTER OPPORTUNITY.

THE NEXT TWO SLIDES PROVIDE YOU FEEDBACK THAT WE HAVE RECEIVED, UM, FROM OUR EXIT INTERVIEW SURVEYS.

WHEN EMPLOYEES LEAVE THE COMPANY, THE FIRST TABLE RANKS FROM HIGHEST SCORE TO LOWEST SCORE ON EACH OF THE CATEGORIES WITHIN THE SURVEY, ALL SCORES FOR ALL THE CATEGORIES CONTINUE TO BE ABOVE AVERAGE, AND A HUNDRED PERCENT OF THE RESPONDENTS SAY THAT THEY WOULD RECOMMEND ERCOT AS AN EMPLOYER.

AND THEN FINALLY, THIS LAST SLIDE PROVIDES YOU ADDITIONAL INSIGHT INTO THOSE EMPLOYEES THAT SAID THAT THEY WERE LEAVING FOR A BETTER OPPORTUNITY, THE SPECIFIC REASONS WHY THEY WERE.

AND THAT CONCLUDES MY REPORT TO YOU, AND I'LL OPEN IT UP TO ANY QUESTIONS YOU MAY HAVE.

ANY QUESTIONS OR COMMENTS? MARA, I HAVE A REQUEST THAT THIS IS THE REPORT YOU PROVIDE ON A REGULAR BASIS, BUT IF YOU START SEEING ANY CHANGES IN THE INTERVIEW SUMMARIES LIKE CATEGORIES MOVING AROUND, WOULD YOU HIGHLIGHT THOSE FOR US? ABSOLUTELY.

THANK YOU.

PEGGY.

YEAH, BILL, UH, MAR, THANKS FOR THE PORT.

IN PRIOR MEETINGS, WE'VE DISCUSSED THE DIFFICULTY OF HIRING IN A TIGHT LABOR ENVIRONMENT, PARTICULARLY HERE IN THE AUSTIN AREA.

ARE YOU SEEING ANY CHANGES IN TRENDS WITH, UH, UH, THE TECH SECTOR BEGINNING TO REDUCE ITS HIRING OR ACTUALLY, UH, GO INTO, UH, UH, LAYOFF MODE? HOW HAS THAT IMPACTED WHAT YOU'RE SEEING IN THE, IN THE HIRING SPACE? WE ACTUALLY HAVE, IN RECENT MONTHS, THE NUMBER OF APPLICANTS JOINING THE APPLICANT POOL HAS GONE UP CONSIDERABLY.

DOES DOES THAT ALSO MEAN YOU'RE HAVING, I MEAN, WE'VE SEEN LESS ATTRITION.

DOES THAT ALSO MEAN PEOPLE ARE, UM, HAVING LESS OUT, UH, FEWER OUTSIDE OFFERS AND LESS LIKELY TO LEAVE

[00:05:01]

I DON'T KNOW THAT I WOULD SAY THEY'RE NECESSARILY NOT BEING TARGETED.

I MEAN, WE HAVE EXCEPTIONAL EMPLOYEES AT ERCOT THAT ARE EXTREMELY, UM, SKILLED, AND SO WE CONTINUE TO KNOW THAT THEY HAVE OFFERS, UM, BUT OUR ATTRITION HAS GONE DOWN.

OKAY, THANK YOU.

OKAY, NEXT, I'LL COVER ITEMS 5.1

[5. Benefits Update]

SO IN CLOSING, YOUR COMMITTEE MATERIALS WERE THE KEY ACTIVITIES ON THE RETIREMENT PLAN AND THE HEALTH AND WELFARE PLAN FOR THE CALENDAR YEAR 2022.

AND WE ACTUALLY HAVE TWO COMMITTEES THAT MEET INTERNALLY REGULARLY TO MANAGE THOSE COMMITTEES.

WE HAVE A COMMITTEE FOR THE RETIREMENT PLAN AND A COMMITTEE FOR THE HEALTH AND WELFARE BENEFITS.

AND THEY MEET AT LEAST QUARTERLY EACH OF THOSE COMMITTEES AND DISCUSS HOW THE PLANS ARE PERFORMING FINANCIALLY, THE PLAN DESIGNS AND HOW THOSE PLANS COMPARE TO BENCHMARKS.

AND MEMBERSHIP ON EACH COMMITTEE INCLUDE REPRESENTATION FROM THE EXECUTIVE TEAM.

ALSO OUR HR SUBJECT MATTER EXPERTS.

WE HAVE AN EMPLOYEE REPRESENTATIVE THAT SERVES ON THOSE COMMITTEES AS WELL, THAT'S SELECTED AND SERVES A MULTI-YEAR TERM.

AND THAT PERSON IS KEY BECAUSE WE REALLY ENCOURAGE OUR EMPLOYEES TO TALK TO THAT PERSON AND GIVE FEEDBACK, UM, ACROSS THE EMPLOYEE POPULATION BACK TO THOSE COMMITTEES.

AND OF COURSE, WE ALSO WORK WITH OUR OUTSIDE EXPERTS AND ADVISORS ON THE PLANS.

SO I WON'T GO INTO EVERY SINGLE ITEM ON THE REPORTS, BUT I WILL HIGHLIGHT A FEW OF THE ACTIVITIES THIS YEAR.

UM, FIRST WE DID CONDUCT OUR REQUIRED RETIREMENT, UM, INDEPENDENT AUDIT, FINANCIAL AUDIT, AND IT WAS FOUND TO HAVE NO MATERIAL FINDINGS OR, UH, WE ALSO BELIEVE EDUCATION IS KEY.

SO WE CONTINUED TO OFFER EDUCATION IN DIFFERENT FORMATS.

WE OFFER THE GROUP SEMINARS THAT ALL EMPLOYEES CAN JOIN, AND WE ALSO OFFER EMPLOYEE ONE-ON-ONE ADVICE SESSIONS, WHICH OUR EMPLOYEES REALLY APPRECIATE.

WE ALSO MODIFIED OUR TARGET DATE FUNDS IN THE RETIREMENT PLAN, AND THAT WAS BENEFICIAL.

IT WAS AN ENHANCEMENT TO THE PLAN BECAUSE NOW ALL THE PARTICIPANTS WITHIN THOSE TARGET DATE FUNDS PAY THE SAME COST ACROSS EACH OF THOSE FUNDS.

AND THEN FOR THE HEALTH AND WELFARE, WE CONDUCTED THE INDEPENDENT AUDIT ON THE 2021 PRESCRIPTION DRUG PLAN, AND WE ACTUALLY DO THAT ANNUALLY TO MAKE SURE THAT THE, THE COVERAGE AND THE CLAIMS ARE BEING PROCESSED CORRECTLY.

WE RENEWED OUR MEDICAL COVERAGE WITH OUR MEDICAL CARRIER UNITEDHEALTHCARE FOR 2023, AND AFTER CONDUCTING A FORMAL RFP FOR OUR DENTAL LIFE INSURANCE AND DISABILITY INSURANCE, WE TRANSITION TO NEW CARRIERS AND WE BELI BELIEVE THAT THOSE TRANSITIONS WILL ACTUALLY PROVIDE AS COST ENHANCEMENT OR COST SAVINGS AS WELL AS ENHANCE THE OVERALL EMPLOYEE EXPERIENCE WHEN THEY'RE COVERED UNDER THOSE PLANS.

AND THAT CONCLUDES MY REPORT TO YOU, AND I'LL OPEN IT UP TO ANY QUESTIONS YOU HAVE.

ANY QUESTIONS FOR MARA OR COMMENTS? THANK YOU, MARA.

THANK YOU.

NEXT

[6. OKR and Strategic Plan Update.]

CHRISTIE HOBBS IS PRESENTING ON THIS ISSUE, AND WHEN WE GET TO THE STRATEGIC PLAN, SHE'S GONNA TALK ABOUT THE, THE PROCESS AND TIMELINE GOING FORWARD.

ALL RIGHT, GOOD AFTERNOON.

SO TODAY I WANNA, UH, AS PEGGY TALKED ABOUT, WE'D LIKE TO SHARE WITH YOU A CHANGE TO OUR 2023 OBJECTIVES AND KEY RESULTS.

OUR NEXT, UH, REGULARLY PLANNED UPDATE WAS PLANNED FOR YOU IN AUGUST.

HOWEVER, DUE TO, UM, SOME CHANGING, UM, PARTS OF OUR ENVIRONMENT, WE WANTED TO BRING YOU YOUR AWARENESS TO ONE OF OUR UPDATED KEY RESULTS.

SO UNDER OUR FIRST OBJECTIVE, WHICH IS TO IMPROVE, UM, GRID RELIABILITY, WE HAD A MILESTONE RELATED TO IMPROVING, UH, THE INTEGRATION OF LARGE AND FLEXIBLE LOADS.

AND WE HAD ORIGINALLY, WHEN WE WERE WORKING THROUGH THIS LATE LAST YEAR, WE HAD SET SOME MILESTONES TO WRITE SOME NEW RULES, UH, BRING THOSE TO YOU AND TO GET SOME PROJECTS GOING INTERNALLY AT ERCOT TO HELP IMPROVE THAT INTEGRATION PROCESS.

SINCE THEN, WITH THE LEGISLATURE IN TOWN, THERE'S BEEN A COUPLE OF BILLS THAT HAVE BEEN INTRODUCED INTO THE SESSION DEALING WITH LARGE LOADS.

AND SO WE WANNA MAKE SURE THAT WE DON'T GET OUT AHEAD OF THAT.

WE WANT TO SEE WHAT THE POLICY DECISIONS ARE MADE, UH, THIS SPRING.

AND THEN ONCE WE GET THAT DIRECTION, WE WOULD LIKE TO REGROUP.

WE CAN REVISE ANY PROPOSED RULE CHANGES THAT ARE NEEDED AT THAT TIME, MAKE SURE IN ALIGNMENT WITH WHATEVER COMES OUT OF THE LEGISLATIVE SESSION, AND THEN GET THOSE INTO THE PROCESS.

SO WE JUST WANTED TO MAKE YOU AWARE OF THAT CHANGE, UM, TO KEEP YOU UPDATED ON OUR PROGRESS OF THE OKRS.

ANY QUESTIONS OR THOUGHTS ABOUT THAT CHANGE?

[00:10:03]

SO THE NEXT THING I WANTED TO TALK WITH YOU ALL ABOUT IS OUR STRATEGIC PLANNING PROCESS.

THIS IS, UM, A TOPIC THAT WE'VE TOUCHED ON A COUPLE OF TIMES AND WANTED TO GIVE YOU A STATUS OF WHERE WE ARE.

YOU MAY RECALL IN SOME OF THE STAKEHOLDERS IN OUR ROOM, WE HAVE A STRATEGIC PLAN THAT WAS PUT INTO PLACE, UM, FOR A FIVE YEAR PLAN THAT IS SET TO EXPIRE AT THE END OF THIS YEAR.

SO LATE LAST YEAR, WE PUT TOGETHER AN INTERNAL TEAM OF ARCOT EMPLOYEES FROM ACROSS THE ORGANIZATION TO MAKE SURE WE WERE WELL REPRESENTED, TO START WORKING ON IDENTIFYING THE FACTORS, UM, THAT COULD IMPACT US BOTH INTERNALLY AND EXTERNALLY DOING, UM, POLITICAL, UH, ENVIRONMENTAL, ECONOMIC, SOCIETAL, TECHNOLOGICAL, LEGAL, LOOKING AT ALL THOSE FACTORS, DOING A SWAT ANALYSIS.

AND WE'VE GONE THROUGH AND WE'VE PERFORMED ALL OF THAT WORK.

AND THEN THE STRATEGIC PLANNING TEAM HAS WORKED WITH THE EXECUTIVE TEAM TO IDENTIFY PRIORITY ISSUES.

AND RIGHT NOW WE'RE WORKING TO DEVELOP SOME HIGH LEVEL ACTION PLANS AND WHAT THOSE OBJECTIVES AND PRIORITIES SHOULD BE FOR OUR NEXT STRATEGIC PLAN.

AND WE'RE AT A POINT WHERE WE WOULD LIKE TO START SHARING THAT PUBLICLY TO GET, UH, NOT ONLY YOUR FEEDBACK, BUT OUR STAKEHOLDER FEEDBACK SO THAT WE CAN WORK TO FINALIZE THE PLAN OVER THE SUMMER AND THEN MOVE INTO EXECUTION, UH, AS WE ROLL INTO 2024.

SO, SO WE'VE LAID OUT A TIMELINE FOR THOSE NEXT STEPS.

SO OF COURSE, WE'RE HERE TODAY, UH, TO TALK TO YOU ABOUT WHERE WE ARE IN THE PROCESS.

WE'D ALSO LIKE TO ENGAGE THE STAKEHOLDERS.

UH, HISTORICALLY WE WOULD WORK WITH THE, UH, BOARD MEMBER, SEGMENT LEADERS TO SET UP SEGMENT SESSIONS SO WE COULD MEET INDIVIDUALLY WITH EACH SEGMENT TO DISCUSS PRIORITY ISSUES FOR THEM THAT THEY THINK WE'RE GONNA BE FACING OVER THE NEXT FIVE YEARS TO MAKE SURE WE ACCOUNT FOR THAT IN OUR STRATEGIC PLAN.

WITH THE CHANGE, UM, OF OUR BOARD COMPOSITION, WE'D LIKE TO WORK WITH OUR TAX SEGMENT LEADERSHIP TO HELP US DETERMINE, UM, THE BEST TIME TO MEET.

WHAT YOU CAN EXPECT IS THAT YOU WILL GET AN EMAIL, THE, THE TAX SEGMENT LEADERS.

WE GET AN EMAIL, UH, AS EARLY AS MAYBE TOMORROW FROM STAKEHOLDER SERVICES WITH DATE OPTIONS SO THAT WE CAN MOVE FORWARD WITH SCHEDULING THOSE SESSIONS WITH OUR COT EXECUTIVE LEADERSHIP, UH, TO TALK THROUGH THOSE ISSUES IN THE COMING WEEKS.

ONCE WE GET ALL OF THAT FEEDBACK, WE'LL COMPILE THAT.

WE'D LIKE TO BRING THAT TO YOU AT YOUR JUNE MEETING, UM, SO THAT WE CAN FINALIZE THE PLAN AND INCORPORATE ANY FINAL FEEDBACK THAT YOU MAY HAVE AT THAT JUNE TIME SO THAT WE'RE PREPARED TO HAVE A DOCUMENT TO FILE, UM, WITH OUR BUDGET IN SUPPORT OF OUR BUDGET THAT WE'LL BE FILING LATER THIS YEAR AS WELL.

SO, WITH THAT, I'LL PAUSE FOR ANY FEEDBACK OR ANY QUESTIONS YOU MAY HAVE ON THE PROCESS.

ANY COMMENTS OR QUESTIONS? I WOULD LIKE TO JUST STRESS THAT THIS, THESE SEGMENT MEETINGS ARE CRITICAL TO THIS PROCESS AND, UH, WE ASK THAT TECH SEGMENT LEADERS ARE TAKE A LEADERSHIP ROLE IN COORDINATING THE COMMENTS IN THE EFFORTS, UH, TO PROVIDE, UH, FEEDBACK TO ERCOT STAFF WHEN WE HAVE THESE SEGMENT MEETINGS AND ASK THAT THEY FOCUS ON MORE STRATEGIC ISSUES, IT'S, AND NOT GET BOGGED DOWN IN THE DAY-TO-DAY ISSUES THAT MAY ARISE.

THERE'S ANOTHER FORUM FOR THOSE TYPE OF ISSUES.

WE'RE REALLY TRYING TO KEEP THE STRATEGIC TO SET THE GOALS FOR ERCOT, BUT TAX LEADERSHIP IS CRITICAL IN THIS EFFORT.

I, I THINK YOU GOTTA CAST A WIDER NET THOUGH.

UM, I, I, I'M AFRAID THAT GOING AND TALKING TO TAX SEGMENT LEADERS, YOU'RE GOING TO HEAR SORT OF E E EVEN IN THEIR MOST STRATEGIC MOMENTS.

YOU'RE GONNA HEAR SOME PRETTY TACTICAL STUFF.

AND SO I WOULD, IN ADDITION TO GOING AND TALKING TO THE SEGMENT LEADERS, I THINK YOU NEED TO LOOK MORE BROADLY AT WHAT'S GOING ON IN THE BROADER MARKETPLACE, WHAT'S GOING ON IN OTHER, UM, SIMILAR GRIDS AROUND THE WORLD, WHAT THE TECHNOLOGY TRENDS ARE THAT ARE GOING TO IMPACT US IN THE NEXT FOUR OR FIVE YEARS.

I, I, I JUST, I JUST THINK THAT YOU'VE GOTTA REALLY LOOK BROADLY AT WHAT'S GONNA HAPPEN.

IT'S THIS MAY NOT, THERE MAY BE SOME DISCONTINUITIES THAT ARE GONNA HAPPEN HERE AND, AND, AND PEOPLE WHO WERE IN THE MIDDLE OF THE MARKETPLACE RIGHT NOW MAY NOT SEE THEM.

SURE.

I TOTALLY AGREE THAT IT NEEDS TO BE VERY BROAD.

AND SO THAT HAS BEEN PART OF OUR PROCESS UP UNTIL THIS POINT, MAKING SURE, LOOKING AT THE OTHER ISOS, TALKING WITH OUR PEERS ABOUT WHAT THEY'RE SEEING, WHAT THEY'VE IDENTIFIED IN THEIR STRATEGIC PLAN, UM, YOU KNOW, LOOKING AT OTHER INDUSTRY TRENDS, UH, THINGS THAT MIGHT BE IN THE NEWS, RIGHT, THAT ARE TOTALLY NOT, THAT COULD IMPACT, UH, REVOLUTIONS IN THE

[00:15:01]

I MEAN, STUFF GOING ON EVERYWHERE, RIGHT? RIGHT.

AUSTRALIA'S GRID FELL APART.

WHY, WHY DID THAT HAPPEN? YOUR STUFF GOING ON IN THE UK.

THERE'S STUFF DEFINITELY NOT IN EUROPE.

SO, JOHN, ONE OF THE THINGS TO, TO MAKE YOU AWARE, SO WE PARTICIPATE, UM, IN A GROUP CALLED THE GLOBAL POWER SYSTEMS TRANSFORMATION.

AND THERE'S, UM, SIX FOUNDING ISOS GLOBALLY THAT MAKE UP THIS GROUP.

UH, ERCOT, CALIFORNIA ISO, THE UNITED K, UH, UNITED KINGDOM, UH, GRID OPERATOR, THE NORWEGIAN GRID OPERATOR, AUSTRALIA'S GRID OPERATOR.

AND THERE'S ONE MORE THAT I'M MISSING THERE.

THE, THESE ARE GRIDS AROUND THE WORLD THAT ARE DEALING WITH SOME OF THE MOST RAPID CHANGES IN RESOURCE MIXES AND DEALING WITH THE CHALLENGES OF INTERMITTENT RESOURCES STRONGLY COMING INTO, INTO PLAY.

AND WHAT THEY'RE FOCUSED ON IS ALL OF THE OPERATIONAL AND TECHNOLOGY ISSUES ASSOCIATED WITH THAT TRANSITION HAPPENING.

AND LOOKING AT TECHNOLOGY SOLUTIONS, PROCESS SOLUTIONS, ORGANIZATIONAL SOLUTIONS, THINGS THAT ARE RIGHT IN LINE WITH WHAT YOU'RE TALKING ABOUT.

HOW DO WE ANTICIPATE WHAT'S COMING? HOW DO WE LEARN FROM THOSE THAT ARE GOING THROUGH IT OF THEIR FAILURES, THROUGH THEIR SUCCESSES? AND, UM, AND SO WE'RE ENGAGED IN, UH, ORGANIZATIONS LIKE THAT IN ADDITION, OF COURSE TO LIKE THE I R C, WHICH IS THE I I O R T O COUNCIL, WHICH IS ALL THE US BASED, UH, ONES.

AND SO WE, WE STAY VERY CONNECTED THROUGH THESE CONSORTIUMS AND GROUPS TO TRY TO MAKE SURE THAT, UM, WE DON'T MISS SOME OF THESE MACRO TRENDS THAT AREN'T GONNA BE IMPORTANT AT THE, IN OUR STRATEGIC PLANNING PROCESS.

PERFECT.

THANK YOU.

YOU BET.

PABLO, AM I RIGHT THAT THAT WORK THAT YOU'RE DOING AND THAT FEEDBACK YOU'RE GETTING WILL BE INCORPORATED IN THE DRAFT THAT YOU GO OUT TO THE MARKET MARKET SEGMENTS WITH IT WILL.

THAT'S CORRECT.

WE WE'RE BRINGING THOSE KIND OF LEADING EDGE KIND OF SCENARIOS THAT TODAY MAY NOT BE, UH, PART OF THE MAINSTAY OPERATIONS OF OUR GRID, BUT WE EXPECT OVER THE NEXT FIVE YEARS WITHIN THIS PLANNING CYCLE COULD EITHER EMERGE OR BECOME A MUCH BIGGER SCALE ISSUE.

AND THAT'S, THAT'S IT AS PART OF OUR PLANNED DISCUSSION WITH YOU ALL IN, UH, IN THE COMING, UH, CYCLES.

YEAH.

THAT'S WHY IT'S SO IMPORTANT THAT WE GET TAX HELPED TO KEEP THE DISCUSSION AT THE STRATEGIC FORWARD LOOKING ISSUES THAT COULD BE FACING THE GRID AS OPPOSED TO GETTING BOGGED DOWN ON THE DAY TODAY.

THAT'S RIGHT.

ANY OTHER COMMENTS OR QUESTIONS? ALL RIGHT, THANK YOU.

THANK YOU CHRISTIE.

N NEXT STEP IS, UH,

[7. Review of Draft HR&G Committee Self-Evaluation Survey.]

THERE'S A MEETING IN THE MEETING MATERIALS, UH, A MEMO IN THE MEETING MATERIALS, UH, ABOUT THIS.

WE TALKED ABOUT THIS AT THE LAST HR AND G COMMITTEE, UH, MEETING.

WE'RE MOVING TOWARDS TRYING TO HAVE A, A, A SELF-EVALUATION CONSISTENT ACROSS THE COMMITTEES.

UH, SO THIS IS AN OPPORTUNITY IF PEOPLE HAVE ANY COMMENTS ON THAT EVALUATION, UH, SELF-EVALUATION.

AND IF THEY, IF THERE ARE NO COMMENTS, YOU KNOW, THIS, THIS TIMELINE SHOWS THAT, UH, THE THEY SELF-EVALUATIONS OF THE COMMITTEES WILL TAKE PLACE IN THE OCTOBER NOVEMBER TIMEFRAME.

ANY COMMENTS ON THE SELF-EVALUATION? THANK YOU.

NEXT ON

[8. Recommendation regarding 2024 ERCOT Board Meeting and Annual Meeting Schedule]

THE PROPOSED DATES, UH, FOR THE 2024 MEETING.

YOU'RE LISTED ON THIS SLIDE.

I WANNA THANK THE BOARD MEMBERS AND ERCOT LEGAL FOR COORDINATING EVERYONE'S SCHEDULES TO TRY TO COME UP FOR DATES THAT WORK FOR EVERYBODY.

WE THINK THAT THESE DATES, UH, BASED ON THE FEEDBACK WORK FOR WORK FOR THE BOARD, AND SO, UH, WE WOULD BE RECO ASKING FOR A MOTION TO RECOMMEND TO THE BOARD THAT THEY ADOPT THESE DATES, UH, TOMORROW, UH, FOR THE 2024 MEETINGS.

THANK YOU, COURTNEY, FOR THE MOTION.

SECOND JOHN.

ALL IN FAVOR? AYE.

ANY OPPOSED? ABSTENTIONS, THE MOTIONS UNANIMOUSLY PASSED AND BASED ON THE FEEDBACK WE'VE GOTTEN FROM BOARD MEMBERS, IT'S ABOUT, IT'S, IT'S CRITICAL TO GET THESE DATES ON PEOPLE'S CALENDAR.

WE'LL PROBABLY START WORKING ON 20, 25 DATES, UM,

[00:20:02]

THE NEXT ITEM IS

[9. Future Agenda Items]

FUTURE AGENDA ITEMS. MARA, YOU GOT THIS AND THIS AGENDA ITEM IS TO UPDATE YOU ON UPCOMING DISCUSSIONS FOR THE NEXT H R G COMMITTEE MEETING HELD IN JUNE.

UM, WE WILL BE COMING BACK TO DISCUSS THE ETHIC AGREEMENT FORM SUBMITTED BY ERCOT DIRECTORS AND STAFF, AND THEN THAT'S A CHARTERED ITEM.

TWO ADDITIONAL NON CHARTERED ITEMS THAT WILL MOST LIKELY BE DISCUSSED IN JUNE WILL BE THE, THE STRATEGIC PLAN.

AGAIN, AFTER MEETING WITH THE STAKEHOLDERS AS WELL AS ANY CORPORATE GOVERNANCE MATTERS PERTAINING TO THE SUNSET BILL.

THANK YOU, MARA.

THE LAST ITEM BEFORE WE MOVED INTO EXECUTIVE SESSION IS ITEM 10 OTHER BUSINESS.

IS THERE ANY OTHER BUSINESS ANY COMMITTEE MEMBERS WISH TO RAISE AT THIS TIME? THE COMMITTEE WILL

[Convene Executive Session]

SINCE THERE ARE NO VOTING ITEMS BEING ADDRESSED IN EXECUTIVE SESSION, THE MEETING CAN ADJOURN AT THE CONCLUSION OF EXECUTIVE SESSION WITHOUT RETURNING TO GENERAL SESSION.

GENERAL SESSIONS NOW ADJOURN.

ADJOURN AND THE WEBCAST WILL BE CONCLUDED.