Ecopetrol Announces Changes in Senior Management

Rhea-AI Summary

Ecopetrol (NYSE: EC), Colombia's largest integrated energy company, has announced key senior management changes. Sergio Andrés Moreno Acevedo has been appointed as Corporate Vice President of Science, Technology and Innovation, effective July 28, 2025, after serving in an acting capacity since January 2025. Additionally, Bayron Triana Arias will assume the role of Executive Vice President of Energy for the Transition, effective August 1, 2025.

Both executives bring significant experience to their roles, with Moreno having over 21 years in the technology sector and Triana possessing 18 years of experience in energy sector management. These appointments align with Ecopetrol's 2040 strategy and its position as a leading integrated energy company with operations across the Americas, including significant stakes in ISA and presence in strategic basins in the US, Brazil, and Mexico.

Positive

• Strategic strengthening of leadership team with experienced executives in technology and energy transition
• Internal promotions demonstrate strong succession planning and talent development
• Appointments align with company's 2040 strategy and focus on innovation and energy transition

Negative

• Multiple leadership changes in short timeframe may create temporary operational adjustments

News Market Reaction – EC

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-0.12% News Effect

On the day this news was published, EC declined 0.12%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

BOGOTA, Colombia, July 25, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" and together with its subsidiaries, the "Ecopetrol Group") announces that in its session on July 25, 2025, the board of directors approved the following appointments:

 

• Sergio Andrés Moreno Acevedo has been appointed Corporate Vice President of Science, Technology and Innovation, effective July 28, 2025. Sergio has been serving in this role in an acting capacity since January 27, 2025, replacing Luis Felipe Rivera. He is a Systems Engineer and holds a specialization in Technology Management from the Universidad Industrial de Santander. He brings over 21 years of professional experience in the technology sector, having held strategic and leadership roles. Sergio joined Ecopetrol in 2023 as Manager of Innovation and ST+I Portfolio, and also served as Vice President of Digital at CENIT, a subsidiary of Ecopetrol, from July 2024 to January 2025. We extend our gratitude to Luis Felipe Rivera, who will continue to take on new strategic and high-impact challenges within the Ecopetrol Group.
  
  
• Bayron Triana Arias has been appointed Executive Vice President of Energy for the Transition, effective August 1, 2025. He has been serving in this role in an acting capacity since May 10, 2025, replacing David Riaño. Bayron Triana Arias is an Industrial Engineer from the National University of Colombia, with a Master's degree in Management from the same institution. He has over 18 years of experience in the energy sector, both in the public and private spheres, holding managerial roles focused on public policy development, strategic projects, and renewable energy initiatives. He joined Ecopetrol in 2023 as Manager of Energy Strategy for the Transition. We extend our appreciation to David Alfredo Riaño, who will continue contributing to the Ecopetrol Group by leading new challenges that will strengthen the 2040 strategy and the consolidation of the corporate group.

Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector.

This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in future filings or press releases, or orally, address matters that involve risks and uncertainties, including in respect of the Company's prospects for growth and its ongoing access to capital to fund the Company's business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company's competitiveness and the performance of Colombia's economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements. 

For more information, please contact:

Head of Capital Markets
Carolina Tovar Aragon
Email: investors@ecopetrol.com.co 

Head of Corporate Communications (Colombia)
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co 

View original content:https://www.prnewswire.com/news-releases/ecopetrol-announces-changes-in-senior-management-302514319.html

SOURCE Ecopetrol S.A.

FAQ

Who are the new senior management appointments at Ecopetrol (NYSE: EC)?

Sergio Andrés Moreno Acevedo has been appointed as Corporate Vice President of Science, Technology and Innovation, and Bayron Triana Arias as Executive Vice President of Energy for the Transition.

When will the new Ecopetrol executives assume their positions?

Sergio Moreno will assume his role on July 28, 2025, while Bayron Triana will start on August 1, 2025.

What experience does Sergio Moreno bring to Ecopetrol?

Sergio Moreno brings over 21 years of professional experience in the technology sector, including roles as Manager of Innovation and ST+I Portfolio at Ecopetrol and Vice President of Digital at CENIT.

What is Bayron Triana's background at Ecopetrol?

Bayron Triana joined Ecopetrol in 2023 as Manager of Energy Strategy for the Transition and has over 18 years of experience in the energy sector, with expertise in public policy, strategic projects, and renewable energy initiatives.

How significant is Ecopetrol in Colombia's energy sector?

Ecopetrol is Colombia's largest company, responsible for over 60% of hydrocarbon production, most transportation and logistics systems, and holds leading positions in petrochemicals and gas distribution.