Enbridge Inc. filed this Form 8-K on 5/8/2023
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
(Exact Name of Registrant as Specified in Charter)
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
(Address of Principal Executive Offices) (Zip Code)
(Registrant’s telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading |
Name of each exchange | ||
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On May 5, 2023, Vern D. Yu, Executive Vice President, Corporate Development, Chief Financial Officer & President, New Energy Technologies notified Enbridge Inc. (“Enbridge”) of his intention to leave Enbridge on June 30, 2023. His decision was not the result of any disagreement relating to Enbridge’s operations, policies or practices. Patrick R. Murray, Senior Vice President & Chief Accounting Officer, was appointed Executive Vice President & Chief Financial Officer, effective July 1, 2023.
Item 7.01. | Regulation FD Disclosure |
On May 8, 2023, Enbridge issued a press release announcing the departure of Mr. Yu and the appointment of Mr. Murray, a copy of which is furnished as Exhibit 99.1 hereto.
The information included in this Item 7.01 of this Current Report on Form 8-K, including the attached Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit |
Description | |
99.1 | New Release dated May 8, 2023 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ENBRIDGE INC. (Registrant) | ||||||
Date: May 8, 2023 | By: | /s/ Karen K.L. Uehara | ||||
Karen K.L. Uehara Vice President, Corporate & Corporate Secretary (Duly Authorized Officer) |
Exhibit 99.1
Enbridge announces executive leadership changes
CALGARY, AB, May 8, 2023 Today, Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced the following executive leadership changes.
The Enbridge Board of Directors has appointed Patrick Murray, currently Senior Vice President & Chief Accounting Officer, to succeed Vern Yu as Executive Vice President and Chief Financial Officer effective July 1, 2023. This appointment follows the decision by Mr. Yu, Executive Vice President, Corporate Development, Chief Financial Officer & President, New Energy Technologies to leave the Company on June 30, 2023 in conjunction with his appointment as President & CEO of AltaGas Ltd.
Mr. Murray joined Enbridge in 1997 and has held a number of positions of increasing responsibility within the Finance group. He was appointed Senior Vice President & Chief Accounting Officer of Enbridge in 2020 and previously served as Vice President, Financial Planning, Analysis & Controller from 2018-2020, as Vice President, Financial Planning & Analysis from 2017 to 2018 and as Vice President, Treasury from 2014 to 2017. Mr. Murray is a Chartered Professional Accountant and holds a Bachelor of Commerce Degree from the University of Alberta.
Pats appointment demonstrates our investment in people development allowing us to build a deep bench of executive talent to ensure smooth and seamless succession such as this. said Greg Ebel, President & Chief Executive Officer of Enbridge. Pat is an excellent addition to the Executive Leadership Team and his capital markets, investors relations and overall corporate finance experience will serve the Company well as we continue to advance Enbridges strategic and growth initiatives. I wish Vern all the very best with his new career and thank him for his 30 years of dedicated service and commitment to Enbridge and its people.
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 or renewable power networks and our growing European offshore wind portfolio. Were investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on two decades of experience in renewable energy to advance new technologies including wind and solar power, hydrogen, renewable natural gas and carbon capture and storage. Were committed to reducing the carbon footprint of the energy we deliver, and to achieving net zero greenhouse gas emissions by 2050. Headquartered in Calgary, Alberta, Enbridges 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