Enbridge (ENB) CEO Daniel to Retire, Appoints Al Monaco to Board, President
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Enbridge Inc. (NYSE: ENB) announced that Patrick D. Daniel, President & Chief Executive Officer, will retire on or before the end of 2012.
The Board also announced the appointment of Al Monaco, currently President, Gas Pipelines, Green Energy and International, to Enbridge's Board of Directors and to the position of President effective immediately. Mr. Daniel will continue as CEO and a member of the board until his retirement.
Daniel joined Enbridge in 1982. He became executive vice president in 1988 and assumed the CEO role in 2001. In 2011, he was named Canada's Outstanding CEO of the Year.
Al 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.
The Board also announced the appointment of Al Monaco, currently President, Gas Pipelines, Green Energy and International, to Enbridge's Board of Directors and to the position of President effective immediately. Mr. Daniel will continue as CEO and a member of the board until his retirement.
Daniel joined Enbridge in 1982. He became executive vice president in 1988 and assumed the CEO role in 2001. In 2011, he was named Canada's Outstanding CEO of the Year.
Al 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.
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