Enbridge CEO Al Monaco is retiring from the company after a decade at the helm.
Enbridge Inc. President and Chief Executive Officer Al Monaco is retiring from the company after a decade at the helm.
"On behalf of the board, I would like to thank Al for his invaluable and bold leadership over the last decade as CEO, and throughout his 27 years with Enbridge," Ebel stated in the release. Enbridge said Monaco will stay on as an advisor to the company until March 1, 2023. He was appointed as CEO in Oct. 2012.
However, Monaco’s expansion plans weren’t without their own problems. The company’s controversial Line 3 replacement project was beset by delays, pushing its in-service date back by two years due to a permitting dispute in Minnesota.
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