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Enbridge Names Greg Ebel as Next CEO, to Succeed Al Monaco

Oil pipelines feed into storage tanks at an Enbridge terminal in Cushing, Oklahoma.

Oil pipelines feed into storage tanks at an Enbridge terminal in Cushing, Oklahoma.

Photographer: Shane Bevel/Bloomberg

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Enbridge, the Canadian pipeline giant, named Greg Ebel as its next chief executive officer.

Ebel will take over from Jan. 1 from Al Monaco, who will retire, the company said Monday in a statement. Ebel will step down from his current position as chair of the board of directors and Enbridge will choose a replacement.