MISO cultivates a team of leaders driven to humbly and equitably serve its stakeholders — ranging from Market Participants to government regulators to household energy consumers. The foundation of our leadership philosophy rests on our cornerstones:
- Customer Service
- Effective Communication
- Operational Excellence
The dedication of the executive team to continuous strategic planning ensures that MISO delivers on its cornerstones every day. Through fostering leadership within, we ensure effective management of the organization as well as stewardship of the region’s electric transmission system.
MISO would not exist without the trust, commitment and participation of its stakeholders. To fairly serve stakeholders and equitably weigh their input, MISO’s governance is designed to protect our independence and neutrality.Board of Directors
Members of MISO elect nine delegates to the Board of Directors for three-year terms. The board also includes the President and Chief Executive Officer of MISO.Stakeholder Committee Structure
Stakeholders offer guidance to MISO through their involvement in a hierarchy of committees, task forces and working groups that follow rules and processes in the Stakeholder Governance Guide. Four stakeholder committees report directly to the Board of Directors
Federal Energy Regulatory Commission (FERC)
FERC regulates MISO operations by reviewing, and when appropriate, approving changes or additions to MISO's Tariff.
MISO employees and leaders excel at and embrace compliance as a core competency. Our formal compliance program includes seven elements that directly correlate with an aspect of the FERC Policy Statement on Compliance.
These seven elements of compliance serve as the framework for every compliance requirement, including regulatory, corporate, financial, and SSAE 16.North American Electric Reliability Corporation (NERC)
3. Reporting & Communication
4. Education & Training
5. Monitoring & Auditing
6. Enforcement & Discipline
7. Corrective Action
NERC is a self-regulatory organization subject to oversight by the U.S. Federal Energy Regulatory Commission and governmental authorities in Canada. It primarily develops, assesses and enforces reliability standards for the bulk power system in North America. Some of the ways it helps include:
- Educating, training and certifying industry personnel.
- Coordinating improvements to physical and cyber security.
- Planning for reliable integration of variable, renewable energy sources.
MISO and its stakeholders work together to comply with region-specific reliability and adequacy rules as established by FERC-certified groups, including the Midwest Reliability Organization (MRO), ReliabilityFirst Corporation (RFC), and SERC Reliability Corporation.