Enbridge CEO Greg Ebel to Retire in January as Michele Harradence Steps Up

As seen on the 24/7 Wall St. homepage on November 6, 2026.

Earnings · 2026 Q3 Greg Ebel CEO
Finally, as I get set to retire in January, I want to express my sincere appreciation to our investors... I am thrilled that Michele Harradence will be leading Enbridge forward at this time of great opportunity.

A $107 billion pipeline giant is changing hands at the top in January, with Michele Harradence taking over from Ebel on the third-quarter earnings call. Succession at Enbridge means dividend policy and capital allocation now run through a new decision maker, so listen for how she frames the growth backlog.

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Greg Ebel announced his retirement from Enbridge on the third-quarter 2026 earnings call, confirming that Michele Harradence will take over as the company's leader in January. The announcement came directly from Ebel, who expressed enthusiasm for the transition, calling the moment a time of great opportunity for the $107 billion pipeline company.

Leadership changes at a business of this scale carry real weight for investors because dividend policy and capital allocation decisions will now run through a new decision maker. Enbridge has built its reputation on consistent income generation and a sizable growth backlog, and any shift in strategic priorities at the top can ripple through both of those areas.

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Ebel's remarks on the earnings call were notably forward-looking rather than retrospective, with his stated excitement about Harradence's appointment suggesting a deliberate, planned handoff rather than an abrupt departure. That kind of continuity signal matters to income-focused shareholders who prize stability above most else in a pipeline operator.

Investors will want to pay close attention to how Harradence frames the growth backlog in her first appearances as CEO, since the language she uses around capital spending and project prioritization will be an early indicator of whether her tenure brings any meaningful strategic shift or stays the course Ebel set.

Sources

Mentioned: ENB, EBBNF, EBBGF, EBRGF, EBGEF, EBRZF, ENBNF, ENBHF, ENBOF, ENBGF, ENBMF, ENBFF, ENBRF, ENBSF, ENNPF

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