Overview
- Rudy Garza formally filed retirement paperwork with CPS Energy, ending a 14-year career that included his appointment as interim CEO in late 2021 and his elevation to president and CEO in 2022.
- CPS Energy has confirmed it will begin a succession process and a special board meeting has been scheduled to select an interim CEO and outline next steps.
- The announcement comes as the utility is under legal and regulatory scrutiny after two North Side homes exploded and the NTSB said the blasts were fueled by natural gas.
- CPS Energy is facing at least one lawsuit tied to the explosions and has reported disputes over releasing related information requested in the litigation.
- Reporters say Garza has been discussed as a possible candidate for the Lower Colorado River Authority general manager post but that next steps for his career have not been confirmed by Garza in the retirement notice.