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Enbridge Inc. Appoints Steven W. Williams as Chair of the Board, Effective May 7, 2025

1. Steven W. Williams to become Chair of Enbridge Board on May 7, 2025. 2. Pamela L. Carter retires after eight years, providing continuity in leadership. 3. Williams has extensive energy industry experience, notably from Suncor and Esso/Exxon. 4. Enbridge focuses on energy delivery infrastructure and renewables amidst leadership change. 5. Change in leadership may impact future strategic direction and governance.

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Why Bullish?

Leadership continuity often instills confidence, positively influencing investor sentiment. Past transitions at similar companies show stable governance can enhance stock performance.

How important is it?

New leadership with relevant experience can enhance governance and strategic initiatives, potentially driving growth.

Why Long Term?

Strategic decisions from new leadership may take time to materialize in stock performance. Historical trends indicate leadership changes typically influence long-term outcomes.

Related Companies

Suncor Energy Inc. (SU)Exxon Mobil Corporation (XOM)
, /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) today announced Steven W. Williams as Chair of the Board, effective May 7, 2025 following conclusion of its Annual Meeting of Shareholders, coincident with the retirement of Pamela L. Carter, the current Board Chair.  Mr. Williams has served as a director of the Enbridge Board since 2022.  Mostly recently, he served as Chair of the Human Resources & Compensation Committee of the Board and was a member of the Safety & Reliability Committee of the Board.  "This coming May, at our annual meeting of shareholders, Pamela Carter will retire from the Enbridge Board. Pamela has been a guiding force for Enbridge since 2017 and we thank her for her commitment and counsel over the past eight years. Steve Williams brings continuity as a standing Enbridge director and a commitment to Enbridge and its shareholders. Enbridge has benefitted from his broad energy industry experience, sound judgment and dedication to good governance," said Mr. Greg Ebel, President & CEO. Mr. Williams has more than 40 years of international energy industry experience, including as President & CEO of Suncor Energy Inc. from 2012 to 2019 and various roles during 18 years at Esso/Exxon. About Enbridge Inc.  At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We're advancing new technologies including hydrogen, renewable natural gas, carbon capture and storage. Headquartered in Calgary, Alberta, Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To learn more, visit us at enbridge.com. FOR FURTHER INFORMATION PLEASE CONTACT: SOURCE Enbridge Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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