Enbridge's Strategic Executive Team Changes for Future Growth
Enbridge Inc. Announces Key Leadership Changes
Enbridge Inc. has shared noteworthy executive leadership changes that will officially take place on January 1, 2026. This decision reflects the company's commitment to fostering talent and ensuring continuity in leadership.
Cynthia Hansen's Transition to Advisory Role
Cynthia Hansen, who currently holds the position of Executive Vice President and President of Gas Transmission, has decided to step down from her role, effective January 1, 2027. To facilitate a smooth transition, she will take on the role of Special Advisor to the CEO beginning January 1, 2026. Greg Ebel, the President and CEO, expressed heartfelt gratitude, stating, "Cynthia's leadership has been instrumental across various business units, showcasing her dedication and commitment to inclusion and team inspiration. It has truly been an honor to work with her over the years."
Matthew Akman's New Role
In an exciting development, Matthew Akman, who serves as the Executive Vice President and President of Corporate Strategy, will transition to the role of Executive Vice President and President of Gas Transmission. His current contributions have significantly shaped Enbridge's strategic initiatives, including oversight of global renewable power operations. This move will enhance his capabilities to drive operational excellence on the Gas Transmission platform, with a relocation from Toronto to Houston.
Allen Capps Steps Up in Leadership
Allen Capps will be appointed as the Senior Vice President of Strategy and President of Power as of January 1, 2026. Mr. Capps has demonstrated remarkable leadership in his current role as the Senior Vice President of Commercial for Gas Transmission. With his extensive experience, including time as Senior Vice President of Corporate Development and Chief Accounting Officer, he is well-prepared to guide the growth of Enbridge's Power Business Unit.
Focus on Developing Internal Talent
The appointments of Matthew Akman and Allen Capps are clear indicators of Enbridge's focus on nurturing talent from within the organization. These strategic changes highlight the company's commitment to building a robust executive team to navigate the future challenges and opportunities in the energy sector.
About Enbridge Inc.
Enbridge Inc. is dedicated to connecting millions of individuals with the energy essential for their daily lives. With a robust portfolio encompassing natural gas, oil, and renewable power networks across North America, alongside a growing investment in European offshore wind projects, Enbridge is committed to modernizing its energy delivery infrastructure to guarantee secure and affordable energy access. The company prides itself on over a century of experience in energy operations, continually investing in developing technologies such as hydrogen and carbon capture as part of its commitment to sustainable energy practices.
Headquartered in Calgary, Alberta, Enbridge's common shares are traded under the ticker symbol ENB on both the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). For more information about the company and its initiatives, please visit enbridge.com.
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Frequently Asked Questions
What recent executive changes were announced by Enbridge?
Enbridge announced that Cynthia Hansen will retire and Matthew Akman will take her position, while Allen Capps will step into a new role as Senior Vice President of Strategy and President of Power.
Why is Cynthia Hansen stepping down from her position?
Cynthia Hansen has chosen to retire, but will continue as a Special Advisor to the CEO to assist in the transition.
What qualifications does Matthew Akman bring to his new role?
Matthew Akman has significant experience in shaping Enbridge's strategic direction and overseeing renewable power operations, making him well-suited for leading Gas Transmission.
How does Enbridge view the development of its executive team?
Enbridge emphasizes internal talent development as a key component of its strategic growth, ensuring a strong leadership pipeline for future challenges.
What is the main focus of Enbridge's operations?
Enbridge connects millions of people to essential energy sources while investing in sustainable practices and modern energy delivery infrastructure for a secure energy future.
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