Ecopetrol (NYSE: EC) postpones CEO unpaid leave and confirms acting CEO
Rhea-AI Filing Summary
Ecopetrol S.A. reports that its Board of Directors has postponed the start of the previously approved unpaid leave for Chief Executive Officer Ricardo Roa Barragán. The unpaid leave was scheduled to begin on May 28, 2026 for 30 calendar days.
Following a duly reported medical leave notified on May 26, 2026 for 30 calendar days, the unpaid leave will now start on June 27, 2026, after the medical leave and remaining vacation period, and will last 30 calendar days. The Board decided to maintain Juan Carlos Hurtado Parra, First Alternate to the Chief Executive Officer, as acting Chief Executive Officer so day-to-day leadership continues.
The company reiterates that it will continue operating in line with its business strategy and highlights its role as Colombia’s largest company, a major integrated energy player in the Americas, and a controlling shareholder of ISA with 51.4% of its shares.
Positive
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Insights
Ecopetrol adjusts CEO leave schedule while keeping an acting CEO in place.
Ecopetrol clarifies that CEO Ricardo Roa Barragán’s unpaid leave will be deferred to begin on June 27, 2026, following a 30-day medical leave and remaining vacation. The unpaid leave will then run for 30 calendar days.
The Board’s decision to keep Juan Carlos Hurtado Parra as acting Chief Executive Officer signals continuity in operational leadership while the CEO is absent. This is a governance update rather than a financial event, and no changes to the company’s stated business strategy are disclosed.
The filing reiterates Ecopetrol’s position as Colombia’s largest company and a major integrated energy player, including its 51.4% stake in ISA. Subsequent company communications may provide further detail on leadership arrangements once the unpaid leave period ends.
Key Figures
Key Terms
unpaid leave financial
acting Chief Executive Officer financial
forward-looking statements regulatory
integrated energy companies financial
power transmission business financial
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 May, 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: May 27, 2026
Decisions of the Board of Directors of Ecopetrol
Bogota D.C., May 27, 2026
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the “Company”) announces that its Board of Directors, at its universal meeting held today, authorized the postponement of the start date of the unpaid leave granted to the Company’s Chief Executive Officer, Ricardo Roa Barragán, which had been disclosed on April 6, 2026. This decision was made considering a duly reported medical leave notified on May 26, 2026, for a period of 30 calendar days.
The unpaid leave, which was originally scheduled to begin on May 28, 2026, for a period of 30 calendar days, will now commence upon completion of the medical leave and the remaining vacation period, that is, on June 27, 2026, and will extend for 30 calendar days from that date.
Accordingly, the Board of Directors decided to maintain the appointment of Juan Carlos Hurtado Parra, First Alternate to the Chief Executive Officer, as acting Chief Executive Officer.
Ecopetrol will continue to conduct its operations in accordance with its business strategy,
strengthening its international portfolio.
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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