STOCK TITAN

Ecopetrol (NYSE: EC) plans acting president as Roa returns

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Ecopetrol S.A. announces a leadership transition involving its president. Ricardo Roa Barragán is expected to return from his leave of absence to serve again as President from July 27 to July 30, 2026. The Board of Directors recognized his achievements in advancing the energy transition agenda, developing new renewable energy and hydrocarbons businesses, increasing reserves, improving financial efficiencies, and supporting Ecopetrol’s evolution into a multi-energy group, and expressed appreciation for his leadership and contributions.

In light of this transition, the Board appointed Juan Carlos Hurtado Parra, First Alternate to the President, as Acting President effective July 31, 2026, to serve until a new president is selected under the company’s Succession Policy. Ecopetrol is described as the largest company in Colombia and a major integrated energy company in the Americas, with extensive operations in oil, gas, power transmission, road concessions, and telecommunications across several countries.

Positive

  • None.

Negative

  • Leadership transition as President Ricardo Roa Barragán’s service ends July 30, 2026, with an Acting President appointed while a new president is selected, introducing senior management change.
Roa return period July 27 to July 30, 2026 Expected dates Ricardo Roa Barragán will serve again as President after leave of absence
Acting President start date July 31, 2026 Effective date when Juan Carlos Hurtado Parra becomes Acting President
Employees more than 19,000 Number of employees at Ecopetrol as described in the company overview
Hydrocarbon production share more than 60% Share of Colombia’s hydrocarbon production for which Ecopetrol is responsible
Stake in ISA 51.4% Percentage of ISA’s shares acquired, giving Ecopetrol control in power transmission and related businesses
leave of absence regulatory
"announces that Mr. Ricardo Roa Barragán is expected to return from his leave of absence"
Succession Policy regulatory
"until a new selection process for the Company's presidency has been completed, in accordance with the applicable Succession Policy"
energy transition agenda technical
"including progress on the energy transition agenda, the successful execution of significant new renewable energy"
multi-energy group technical
"progress in the evolution of the Ecopetrol Group into a multi-energy group"
forward-looking statements regulatory
"This release contains statements that may be considered forward-looking statements within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What leadership changes did Ecopetrol (EC) announce regarding its president?

Ecopetrol announced that Ricardo Roa Barragán will return from leave to serve as President from July 27 to July 30, 2026. After that, an Acting President will assume the role while a new president is selected under the Succession Policy.

Who will serve as Acting President of Ecopetrol (EC) and from when?

The Board appointed Juan Carlos Hurtado Parra, First Alternate to the President, as Acting President effective July 31, 2026. He will serve in this role until completion of a new selection process for the company’s presidency.

How did Ecopetrol’s Board characterize President Roa’s tenure at EC?

The Board acknowledged Ricardo Roa Barragán for achievements including progress on the energy transition agenda, new renewable and hydrocarbons businesses, increased reserves, financial efficiencies, and advancing Ecopetrol’s evolution into a multi-energy group, and expressed appreciation for his leadership.

What is Ecopetrol (EC) described as in terms of its size and operations?

Ecopetrol is described as the largest company in Colombia and one of the main integrated energy companies in the Americas, with more than 19,000 employees and key roles in hydrocarbon production, refining, petrochemicals, gas distribution, power transmission, road concessions, and telecommunications.

Where does Ecopetrol (EC) have international operations and investments?

Internationally, Ecopetrol has stakes in strategic basins in the Americas, including operations in the United States (Permian and Gulf of Mexico), Brazil, and Mexico. Through ISA and subsidiaries, it also leads in power transmission in Brazil, Chile, Peru, and Bolivia and holds road concessions in Chile.

What forward-looking statement caution does Ecopetrol (EC) provide?

Ecopetrol notes that certain statements are forward-looking and subject to risks and uncertainties, including oil and gas prices, exploration and production activities, market conditions, regulations, exchange rates, competitiveness, and Colombia’s economic performance, and states it does not assume an obligation to update such statements.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July, 2026

 

Commission File Number 001-34175

 

ECOPETROL S.A.

(Exact name of registrant as specified in its charter)

 

N.A.

(Translation of registrant’s name into English)

 

COLOMBIA

(Jurisdiction of incorporation or organization)

 

Carrera 13 No. 36 – 24
BOGOTA D.C. – COLOMBIA
(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F x      Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)

 

Yes ¨      No x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)

 

Yes ¨      No x

 

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ¨      No x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- N/A

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Ecopetrol S.A.  
     
 

By:  

/s/ Alfonso Camilo Barco  
    Name:  

Alfonso Camilo Barco

 
    Title: Chief Financial Officer  

 

Date: July 23, 2026

 

 

 

 

 

 

 

 

Update Regarding the President of Ecopetrol S.A.

 

Bogotá, July 23, 2026

 

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that Mr. Ricardo Roa Barragán is expected to return from his leave of absence on July 27, 2026, and to serve as President of Ecopetrol S.A. through July 30, 2026.

 

The Board of Directors acknowledged Mr. Ricardo Roa Barragán for the achievements accomplished during his tenure as President of Ecopetrol, including progress on the energy transition agenda, the successful execution of significant new renewable energy and hydrocarbons businesses, increased reserves in the traditional business, financial efficiencies, and progress in the evolution of the Ecopetrol Group into a multi-energy group.

 

The Board of Directors also expressed its appreciation to Mr. Ricardo Roa Barragán for his leadership and contributions and wished him every success in his future professional endeavors.

 

The Company further informs that, in light of the foregoing, the Board of Directors has appointed Juan Carlos Hurtado Parra, First Alternate to the President, as Acting President effective July 31, 2026, until a new selection process for the Company's presidency has been completed, in accordance with the applicable Succession Policy.

 

------------------------------------- 

 

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:

 

Investor Relations Office

Email: investors@ecopetrol.com.co 

 

Head of Corporate Communications (Colombia)  

Marcela Ulloa  

Email: marcela.ulloa@ecopetrol.com.co 

Filing Exhibits & Attachments

1 document