Yes, has MrTree left TreeBuzz or is he just on the road? He's a real asset around here.
Given my usual disclaimers on fungal ID from snapshots, that sure does look like Inonotus dryadeus. Older books would term it Polyporus dryadeus and "white root rot". In 2001, the fungus was designated as the type species of the new genus Pseudoinonotus, which has become the accepted name by many specialists, with some differences of opinion as to proper placement (of course). But sure, I usually use Inonotus.
As Chris Lulely describes in his "Wood Decay Fungi" book, this is a tough one to manage in that decay of buttress and otherwise supporting roots can be extensive with little or no decay in the butt log. Although usually not fast moving within the tree, the major roots can be decaying for some years prior to producing the fruit bodies.
So yes, aggressive pathogen.