Enbridge Appoints New Director to its Board

Rhea-AI Summary

Enbridge Inc. (TSX: ENB) (NYSE: ENB) has announced the appointment of Douglas L. Foshee as a Director, effective January 1, 2025. Foshee brings over 40 years of energy industry experience to the board, having served as Chair, President and CEO of El Paso (2003-2012), CFO and COO of Halliburton Company (2001-2003), and Chair, President and CEO of Nuevo Energy (1996-2001). Board Chair Pamela Carter welcomed Foshee, highlighting his extensive energy industry and business experience as valuable additions to the board.

Positive

• Appointment of a highly experienced energy industry executive with over 40 years of experience
• Strong leadership background as former CEO of multiple major energy companies
• Brings significant financial expertise from previous CFO role at Halliburton

Negative

• None.

News Market Reaction

+0.34%

1 alert

+0.34% News Effect

On the day this news was published, ENB gained 0.34%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CALGARY, AB, Dec. 3, 2024 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) is pleased to announce that its Board of Directors has appointed Douglas L. Foshee as a Director of Enbridge, effective January 1, 2025.

Mr. Foshee has more than 40 years of energy industry experience, including as Chair, President and CEO of El Paso Corporation from 2003 to 2012, as CFO and then COO of Halliburton Company from 2001 to 2003, and as Chair, President and CEO of Nuevo Energy from 1996-2001.

"On behalf of the Board of Directors of Enbridge, we are very pleased to welcome Doug to the Enbridge Board. He has extensive energy industry and business experience and will be an excellent addition to our Board," stated Pamela Carter, the Chair of the Board of Directors of Enbridge.

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:                                     

Media
Toll Free: (888) 992-0997
Email: media@enbridge.com

Investment Community
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com

View original content:https://www.prnewswire.com/news-releases/enbridge-appoints-new-director-to-its-board-302321529.html

SOURCE Enbridge Inc.

FAQ

When will Douglas Foshee join Enbridge (ENB) as a Director?

Douglas Foshee will join Enbridge's Board of Directors effective January 1, 2025.

What is Douglas Foshee's previous experience before joining Enbridge (ENB)?

Foshee has over 40 years of energy industry experience, including roles as Chair, President and CEO of El Paso (2003-2012), CFO and COO of Halliburton Company (2001-2003), and Chair, President and CEO of Nuevo Energy (1996-2001).

Who announced Douglas Foshee's appointment to Enbridge's (ENB) board?

Pamela Carter, the Chair of the Board of Directors of Enbridge, announced and welcomed Douglas Foshee's appointment to the board.