Enbridge Announces CEO Transition: Michele Harradence to Succeed Retiring CEO Greg Ebel

Executive Summary

On September 8, 2026, Enbridge Inc. (NYSE/TSX: ENB) filed a Current Report on Form 8-K under Item 5.02 disclosing a major leadership transition planned for year-end 2026.

Key Leadership Changes

1. Retirement of Current CEO:

   • Executive: Greg Ebel
   • Role: President and Chief Executive Officer, Member of the Board of Directors
   • Effective Date: December 31, 2026
   • Details: Mr. Ebel is stepping down for personal reasons and not due to any disagreement with the company regarding operations, policies, or practices. He will serve in an advisory capacity to the Board and Ms. Harradence from January to May 2027.

2. Appointment of Successor CEO:

   • Executive: Michele Harradence
   • Current Role: Executive Vice President and President, Gas Distribution and Storage
   • New Role: President and Chief Executive Officer; appointed to the Board of Directors
   • Effective Date: January 1, 2027
   • Background: Ms. Harradence has led Enbridge's gas utilities since 2022, overseeing the integration of acquired U.S. gas utility assets. Previously, she served as Senior VP and COO of Enbridge's Gas Transmission and Midstream business and held senior leadership roles at Shell Canada before joining Enbridge in 2014.

Governance and Market Implications

• Orderly Transition: The multi-month lead time (announcement in September 2026 for an effective date of January 1, 2027) along with an advisory handover period through May 2027 reflects a planned and orderly internal succession process.
• Strategic Continuity: The promotion of an internal executive who spearheaded the integration of Enbridge's gas utility portfolio indicates strategic continuity across the company's energy infrastructure and utility operations.