CPS Vitality’s CEO Rudy Garza is leaving the San Antonio utility to guide the Decrease Colorado River Authority, the company introduced in a press launch Monday.
Garza has led CPS Vitality since 2021, when he was named interim CEO after Paula Gold-Williams left the function within the aftermath of Winter Storm Uri. He was named to the place on a everlasting foundation in August 2022.
The Decrease Colorado River Authority manages water and electrical energy across the Colorado River in Central Texas.
“Texas continues to develop, and the calls for on LCRA enhance with it. I’m able to get to work, and I couldn’t ask for a greater workforce to do it with,” Garza stated in a press launch from the LCRA.
He’ll be the twelfth common supervisor of the company.
CPS Vitality board chair Francine Romero thanked Garza for his work on the utility. He labored for CPS Vitality for 12 years in a wide range of positions and was the corporate’s first Hispanic CEO.
CPS Vitality will maintain a particular board assembly Thursday to debate the succession course of. It’s unclear whether or not there shall be a search or an inside candidate would slot into the function. Garza’s wage was elevated to $742,000 in 2024.
Garza led the utility after COVID-19-related income losses and Winter Storm Uri brought on widespread blackouts.
Extra lately, although, he ran afoul of San Antonio Metropolis Council members whereas discussing fee will increase. Council members pushed again after CPS Vitality introduced a funds that included a shortfall and, council members stated, assumed a fee enhance. That dialogue got here as council members thought-about altering prices for water and native property taxes.
The Metropolis of San Antonio owns CPS Vitality and has the ultimate say on fee changes.
CPS Vitality backed down and stated it could take one other take a look at its funds after the summer time. Now, it would accomplish that with out Garza.
