Ecopetrol Announces Changes in Senior Management
Ecopetrol (NYSE: EC) reported that its Board of Directors approved several senior management changes effective at the end of August 2026.
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Rhea-AI Summary
Ecopetrol (NYSE: EC) reported that its Board of Directors approved several senior management changes effective at the end of August 2026. The current holders of five corporate vice president or director roles will perform their duties through August 30, 2026, after which internal executives will assume these positions in an acting capacity from August 31, 2026.
According to Ecopetrol, acting appointments include new leaders for Territorial Transformation and HSE, Administration and Services, Institutional Relations and Communications, Strategy and New Business, and Refining and Industrial Processes. The company plans to announce permanent appointments in due course and expressed gratitude to the outgoing executives for their service.
Details
News Market Reaction – EC
On Aug 28, the first trading day after this news, EC closed 0.33% below the previous close.
Data tracked by StockTitan Argus for the Aug 28 session.
Key Figures
- Board decision date
- August 27, 2026
- Senior management changes
- Outgoing duties through
- August 30, 2026
- Five senior management positions
- Acting appointments effective
- August 31, 2026
- Four acting Vice Presidents and one acting Director
- ISA stake
- 51.4%
- Ecopetrol’s share acquisition described in company background
- Employees
- More than 19,000 employees
- Company description
- Hydrocarbon production responsibility
- More than 60%
- Company description for Colombia
Historical Context
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First-call meetings lacked required quorum for domestic bond issuances.
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Ecopetrol completed acquisition of approximately 51% of Brava Energia voting shares.
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Bondholders were scheduled to consider Parque Solar Portón del Sol merger.
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Tender offer auction acquired approximately 25% of Brava Energia share capital.
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Revised Brazilian tender offer resumed after regulator recommendations were incorporated.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
hse technical
forward-looking statements regulatory
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BOGOTÁ,
Sandra Lucía Rodríguez Rojas, Corporate Vice President of Territorial Transformation and HSE, will perform her duties through August 30, 2026. Miguel Ángel Cortés Angarita, currently Senior Environmental Management Professional within the same area, will assume the role of acting Vice President effective August 31, 2026.
Jaime Andrés García Cuello, Vice President of Administration and Services, will perform his duties through August 30, 2026. Álvaro Iván Saavedra Barón, currently Hydrocarbons Supply Manager within the same area, will assume the role of acting Vice President effective August 31, 2026.
Diana Marcela Jiménez Rodríguez, Corporate Director of Institutional Relations and Communications, will perform her duties through August 30, 2026. Juliana Perdomo Valencia, currently Senior Communications Specialist within the same area, will assume the role of acting Director effective August 31, 2026.
Julián Fernando Lemos Valero, Corporate Vice President of Strategy and New Business, will perform his duties through August 30, 2026. Adrian Santiago Coral Pantoja, currently Hydrocarbons New Business Manager within the same area, will assume the role of acting Vice President effective August 31, 2026.
Felipe Trujillo López, Vice President of Refining and Industrial Processes, will perform his duties through August 30, 2026. Ana Carolina Ríos Junco, currently Senior Process Engineer within the same area, will assume the role of acting Vice President effective August 31, 2026.
Ecopetrol will announce the corresponding permanent appointments in due course, as applicable.
The Company extends its gratitude to these individuals for their leadership, dedication, and achievements during their tenure, and wishes them continued success in their future professional endeavors.
Ecopetrol is the largest company in
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:
Investor Relations Office
Email: investors@ecopetrol.com.co
Corporate Communications (Colombia)
Email: _noticias@ecopetrol.com.co
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SOURCE Ecopetrol S.A.
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