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What does encumbrarse mean in Spanish?

What's the meaning of the Spanish word encumbrarse? Here's a list of translations and example phrases.

English Translations
Phrases in Context
Obviamente su renuncia envió más señales negativas a los inversionistas bursátiles y financieros, quienes quedaron sorprendidos ante el repentino anuncio de un hombre que había hecho todo lo posible por encumbrarse en la máxima dirección de Enron y que había sido el principal ideólogo de los más “innovadores” productos financieros de la compañía.
Obviously, his resignation sent more negative signals to the stock and financial investors, who were surprised by the sudden announcement of a man who had done everything possible to rise in the top direction of Enron and who had been the main ideologist of the most innovative "Financial products of the company.
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