Enbridge discloses CEO Greg Ebel's compensation: $1.35M base, 650% LTIP target

ENBRIDGE INC

Greg Ebel to become President & CEO Jan 1, 2023, succeeding Al Monaco.
Ebel's base salary: US$1,350,000; STIP target 145% of base; LTIP target 650% of base (60% PSUs, 20% RSUs, 20% options).
Ebel receives non-contributory defined benefit pension and temporary Calgary housing.
Al Monaco to remain employee in advisory capacity Jan–Jun 2023 at pro rata base salary; support through Dec 2023.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Al Monaco

President and Chief Executive Officer

ENB · ENBRIDGE INC

Effective: 2023-01-01
Successor: Greg Ebel
Filed: December 15, 2022, 6:59 PM ET

Greg Ebel, currently Board Chair, who will succeed Al Monaco effective January 1, 2023 as President and Chief Executive Officer of the Corporation.

Appointed

Greg Ebel

President and Chief Executive Officer

ENB · ENBRIDGE INC

Effective: 2023-01-01
Filed: December 15, 2022, 6:59 PM ET

Greg Ebel, currently Board Chair, who will succeed Al Monaco effective January 1, 2023 as President and Chief Executive Officer of the Corporation.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Al Monaco departed as President and Chief Executive Officer at ENBRIDGE INC.

Action: departed
Role: President and Chief Executive Officer

Exact text from the filing

Greg Ebel, currently Board Chair, who will succeed Al Monaco effective January 1, 2023 as President and Chief Executive Officer of the Corporation.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Greg Ebel was appointed as President and Chief Executive Officer at ENBRIDGE INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

Greg Ebel, currently Board Chair, who will succeed Al Monaco effective January 1, 2023 as President and Chief Executive Officer of the Corporation.

View on SEC.gov

ENBRIDGE INC filing history →

Source: SEC EDGAR

accession 0001193125-22-305978

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