Enbridge Inc. has announced significant executive leadership changes, with Cynthia Hansen, the current Executive Vice President and President of Gas Transmission, set to retire on January 1, 2027. To facilitate a smooth transition, Hansen will assume the role of Special Advisor to the CEO starting January 1, 2026.
Additionally, Matthew Akman, the current Executive Vice President of Corporate Strategy and President of Power, has been appointed as the new Executive Vice President and President of Gas Transmission. His extensive experience in shaping Enbridge’s strategic direction and overseeing global renewable power operations and development positions him well for this new role.
Furthermore, Allen Capps, who currently serves as Senior Vice President of Commercial for Gas Transmission, will assume the role of Senior Vice President of Strategy and President of Power, effective January 1, 2026. This move reflects Enbridge's emphasis on developing talent and strengthening its executive team.
Enbridge, a company that connects millions of people to energy through its North American natural gas, oil, and renewable power networks, is making these changes to ensure a seamless transition in leadership and to continue its strategic growth initiatives across the Gas Transmission and Power business units. As a result of these announcements, the company's shares have moved 0.74% on the market, and are now trading at a price of $50.07. If you want to know more, read the company's complete 8-K report here.
