Al Monaco's financial journey at Enbridge has been marked by substantial stock holdings. At his peak, his net worth was significantly tied to Enbridge shares, especially following the Spectra merger. Over the years, Monaco capitalized on various stock options and...
Al Monaco's financial journey at Enbridge has been marked by substantial stock holdings. At his peak, his net worth was significantly tied to Enbridge shares, especially following the Spectra merger. Over the years, Monaco capitalized on various stock options and performance stock units, seeing large fluctuations in value depending on Enbridge's market performance. For instance, in 2018, his incentive stock options were valued at around $2.68 million, while his performance stock units represented an additional $2.07 million. His equity portfolio reflects both his commitment to the company and the rewards that come from navigating the challenges of the energy sector. His holdings continue to show a strong alignment with the company's performance, representing a significant portion of his overall wealth as he transitioned towards retirement.