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Enbridge Executive Compensation (FY25)

ENB · Executive and director compensation, fiscal 2023 to 2025
Chief executive, fiscal 2025
◇
Gregory Ebel
Latest say-on-pay support
=
May 6, 2026
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Data as of October 18, 2026Latest filing (8-K): May 7, 2026
10 filings cited on this page
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122 figures on this page: 113 cited to the filing that reported them, 9 calculated from figures it prints. See the citations

More on Enbridge

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2023 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Say-on-pay support: 90.1% → 96.0% (5.9 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Enbridge's chief executive and what were they paid?
Total compensation for Gregory Ebel, President & Chief Executive Officer, came to $24,388,263 in fiscal 2025.
What was Enbridge's say-on-pay result?
The say-on-pay proposal drew 96.0% of votes cast for or against in favor at the meeting held May 6, 2026 for fiscal 2025.
Which companies are in Enbridge's peer group?
Companies named in the disclosed peer group include Canadian National Railway Company, Chevron Corporation, ConocoPhillips, Duke Energy Corporation and Energy Transfer LP, among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Reginald Hedgebeth
Executive Vice President, External Affairs & Chief
◇—◇—◇◇—◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gregory Ebel
President & Chief Executive Officer
◇—◇◇◇◇◇◇
Cynthia Hansen
Executive Vice President & President, Gas Transmission & Midstream
◇—◇◇◇◇◇◇
Colin Gruending
Executive Vice President & President, Liquids Pipelines
◇—◇◇◇◇—◇
Patrick Murray
Executive Vice President & Chief Financial Officer
◇—◇◇◇◇—◇
Reginald Hedgebeth
Executive Vice President, External Affairs & Chief Legal Officer
◇—◇◇◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Steven W. Williams
Board chair
—◇———◇◇
Teresa S. Madden
◇◇———◇◇
Susan M. Cunningham
◇◇———◇◇
Stephen S. Poloz
◇◇———◇◇
Gaurdie E. Banister
◇◇———◇◇
Jason B. Few
◇◇———◇◇
M.M. (Mike) Ashar
—◇———◇◇
S. Jane Rowe
—◇———◇◇
Manjit Minhas
◇◇———◇◇
Theresa B.Y. Jang
◇◇———◇◇
Douglas L. Foshee
—◇———◇◇
Pamela L. Carter
◇◇———◇◇
Gregory L. Ebel served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Total board retainer◇
Board meeting fee◇
Committee meeting fee◇
Equity is delivered as DSUs and Enbridge shares.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Canadian National Railway Company symbol not shown
  • Chevron Corporation CVX
  • ConocoPhillips COP
  • Duke Energy Corporation DUK
  • Energy Transfer LP ET
  • Halliburton Company HAL
  • Kinder Morgan Inc. KMI
  • Marathon Petroleum Corporation MPC
  • NextEra Energy Inc. XIFR
  • Occidental Petroleum Corporation OXY
  • SLB SLB
  • Suncor Energy Inc. LNG
  • The Southern Company SO
  • The Williams Companies, Inc. WMB
  • Union Pacific Corporation UNP

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 6, 2026=◇◇◇
2024May 7, 2025=◇◇◇
2023May 8, 2024=◇◇◇
2022May 3, 2023=◇◇◇
2021May 4, 2022=◇◇◇
2020May 5, 2021=◇◇◇
2019May 5, 2020=◇◇◇
2018May 8, 2019=◇◇◇
2017May 9, 2018=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- Gregory Ebel (President & Chief Executive Officer), FY2025 total compensation $24,388,263 (base salary $1,962,497) [exec_comp, SEC accession 0001193125-26-100426, filed 2026-03-10]

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What this page does not include

Everything above is a fact Enbridge disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Enbridge sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
122 figures on this page: 113 cited to the filing that reported them, 9 calculated from figures it prints.
113 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001193125-26-212007
  2. 0001193125-26-100426
  3. 0001193125-25-115979
  4. 0001193125-24-135302
  5. 0001193125-23-135947
  6. 0001193125-22-142488
  7. 0001104659-21-062431
  8. 0001104659-20-057434
  9. 0001104659-19-028247
  10. 0001104659-18-032114
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Enbridge executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/ENB (accessed 2026).
Short form: data: Velarion

The paid brief for Enbridge

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Enbridge discloses

The companies named in ENB's own disclosed peer group.

Chevron CorporationConocoPhillipsDuke Energy CorporationEnergy Transfer LPHalliburton CompanyKinder Morgan Inc.Marathon Petroleum CorporationNextEra Energy Inc.Occidental Petroleum CorporationSLBSuncor Energy Inc.The Southern CompanyThe Williams Companies, Inc.Union Pacific Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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