---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-305978"
form_type: "8-K/A"
ticker: "ENB"
cik: "0000895728"
company_name: "ENBRIDGE INC"
filed_at: "2022-12-15T23:59:59+00:00"
generated_at: "2026-06-21T04:30:33.737057+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-305978
- form_type: 8-K/A
- ticker: ENB
- cik: 0000895728
- company_name: ENBRIDGE INC
- filed_at: 2022-12-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895728/000119312522305978/0001193125-22-305978-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895728/000119312522305978/d396175d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-305978
- JSON: https://secwatch.observer/filing/0001193125-22-305978.json
- Plain text: https://secwatch.observer/filing/0001193125-22-305978.txt

## Key facts
- Executive change
  Al Monaco departed as President and Chief Executive Officer at ENBRIDGE INC.
  - Action: departed
  - Role: President and Chief Executive Officer
  source text: Greg Ebel, currently Board Chair, who will succeed Al Monaco effective January 1, 2023 as President and Chief Executive Officer of the Corporation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895728/000119312522305978/0001193125-22-305978-index.htm
- Executive change
  Greg Ebel was appointed as President and Chief Executive Officer at ENBRIDGE INC.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Greg Ebel, currently Board Chair, who will succeed Al Monaco effective January 1, 2023 as President and Chief Executive Officer of the Corporation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/895728/000119312522305978/0001193125-22-305978-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.