In light of this, Enbridge’s Board of Directors has appointed Al Monaco – currently President, Gas Pipelines, Green Energy and International – to the Board and to the position of President effective immediately. Mr Daniel will continue as Chief Executive Officer (CEO) and a member of the board until his retirement.
Enbridge Board of Directors Chair David Arledge said “Enbridge’s success is testament to Pat’s keen sense of the needs of Enbridge’s many stakeholders, his ability to successfully navigate through challenges, and his consistent, thorough and disciplined leadership style.”
Mr Daniel said “I am tremendously proud of [Enbridge] and what we have achieved. With the strongest ever long-range plan and future growth opportunities at Enbridge, this is an appropriate time to transition the role of CEO and the right time for me personally to seek new roles in retirement.”
Mr Monaco joined Enbridge in 1995 and has held increasingly senior management roles at the corporate level, as well as leadership of the gas transportation, gas distribution and green energy businesses, and a pivotal role in establishing Enbridge’s Major Projects division, which has been responsible for designing and constructing all of the company’s major energy infrastructure projects.
Mr Daniel said “Al has brought a combination of proven energy industry experience, exceptional strategic insight and a relentless drive to achieve results to all of the roles he has held at Enbridge. He is a respected member of our executive leadership team and we have every confidence in his ability to lead Enbridge in capturing new opportunities and tackling challenges as the company continues to grow.”