ERCOT Implements Executive Team Changes

(Austin, TX) – The Electric Reliability Council of Texas (ERCOT) today announced organizational changes to its executive team. As the Texas electric power grid continues to evolve, these changes expand on the deep experience and knowledge of the ERCOT executive team to proactively manage the complexities of a rapidly transforming electric grid.

“ERCOT requires focused, value-driven, timely, transformational changes to its tools, technology, and processes,” said Pablo Vegas, ERCOT President and Chief Executive Officer. “Transformation necessitates innovation, and these organizational changes will continue to position ERCOT as a leader in the electric industry.” The changes became effective January 1, 2024.

Jayapal “JP” Parakkuth has been named Senior Vice President and Chief Information Officer (SVP & CIO). In his role, he leads the Information Technology group supporting the development, delivery, and operations of technology. Parakkuth oversees the grid transformation and IT DevOps groups along with IT infrastructure, IT architecture, IT quality assurance, and project management.

Venkat Tirupati has been promoted to Vice President, DevOps and Grid Transformation, reporting to Parakkuth. Tirupati will oversee the technology innovation capabilities to effectively manage the complexities of a rapidly transforming electric power grid by guiding staff, systems, and solutions, and will be responsible for collaboration with stakeholders in the energy research and innovation ecosystem, such as vendors, academic institutions, research and development institutes, and electric power industry consortiums across the globe.

Sean Taylor has assumed the Senior Vice President, Chief Financial Officer, and Chief Risk Officer (SVP CFO & CRO) role. Taylor will oversee the financial health of the company and lead efforts to identify current and potential risks and develop strategies to minimize their impact.  

Adam Martinez has been named Vice President of Enterprise Risk and Strategy, reporting to Taylor. In this position, Martinez is responsible for ERCOT’s Enterprise Risk Management (ERM) program and directs and ensures that ERCOT’s strategic objectives are achieved, while also assessing strategic and operational risks to achieving those objectives. Martinez also oversees Enterprise Architecture, ERCOT’s Project Portfolio, and processes in support of continuous improvement advancements at ERCOT.

“Our responsibility to all Texans is to ensure we continue to maintain a reliable and resilient grid now and in the future. These organizational changes will support ERCOT’s continued mission to implement solutions for the challenges our industry faces and position us to meet this responsibility,” said Vegas.

###