Enbridge Announces Changes in Executive Leadership

Published on: 19 January 2022
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Bill Yardley, Executive Vice President and President of Gas Transmission and Midstream, has announced his intention to retire on May 31, 2022.

President and CEO Al Monaco stated

"Bill has led an outstanding gas transmission company, significantly expanded our franchises, and successfully implemented our LNG gas pipeline export strategy. Moreover, he has advanced our mission to bring the gas industry to the forefront of safety, dependability, and customer service. It has been an honor to work alongside Bill; we have admired his principled leadership, collaborative style, and commitment to Enbridge and his team."

Cynthia Hansen, Executive Vice President and President of Gas Distribution and Storage, has been named Executive Vice President and President of Gas Transmission and Midstream, effective March 1, 2022, to succeed Mr. Yardley. Ms. Hansen has extensive experience in the natural gas industry and a long track record of success at Enbridge.

Ms. Hansen's leadership has resulted in tremendous rate base growth, the consolidation of our two Ontario utility franchises, and the advancement of our low-carbon energy strategies. Mr. Yardley will assist with the transition until he retires. Ms. Hansen is relocating from Toronto to Houston.

Michele Harradence, Senior Vice President and Chief Operations Officer, Gas Transmission and Midstream, has been named Senior Vice President and President, Gas Distribution and Storage, effective March 1, 2022, to succeed Ms. Hansen. Ms. Harradence has over 25 years of engineering, legal, and business experience spanning the entire energy value chain. She will relocate from Houston to Toronto and report directly to the President and CEO.

Vern Yu, Executive Vice President and Chief Financial Officer, has been named Executive Vice President, Corporate Development and Chief Financial Officer, effective March 1, 2022. Mr. Yu lives in Calgary.

"These key appointments reinforce the effectiveness of Enbridge's executive development and succession program in advancing internal talent,"

Monaco said.

Enbridge Inc. is a major provider of energy infrastructure in North America. We deliver the energy people need and want to fuel their quality of life in a safe and dependable manner. Our core businesses include Liquids Pipelines, which transports approximately 25% of North America's crude oil; Gas Transmission and Midstream, which transports approximately 20% of the natural gas consumed in the United States;

Gas Distribution and Storage, which serves approximately 3.8 million retail customers in Ontario and Quebec; and Renewable Power Generation, which owns approximately 1,766 megawatts (net) of renewable power generation capacity. The Company's common shares are traded under the symbol ENB on the Toronto and New York stock exchanges.

Visit www.enbridge.com for more information.

Source: Enbridge news

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