BOGOTA,
Colombia, Jan. 16, 2025 /PRNewswire/ -- Ecopetrol
S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company", and
Ecopetrol and its subsidiaries, the "Ecopetrol Group") informs that
the following changes will be made in its senior management:
- Walter Fabián Canova, who has been serving as Vice President of
Refining and Industrial Processes, will perform his duties until
January 15, 2025 and will terminate
his employment contract by mutual agreement, after working at the
Company for more than seven years.
- Felipe Trujillo López, current Vice President of Commercial and
Marketing, will serve as Vice President of Refining and Industrial
Processes until a permanent appointment is made.
Felipe is an Industrial Engineer from the Pontificia Universidad
Javeriana, a Specialist in Strategic Marketing from CESA and holds
a Master's Degree in Business Administration from the University of
Los Andes. He has 25 years of experience in commercial and
marketing positions, of which 20 years have been in the oil and gas
industry in the areas of marketing, commercialization, evaluation
and structuring of new businesses.
He has held different positions in Ecopetrol, including
Commercial and Marketing Vice President, National Marketing
Manager, Petrochemicals and Industrials Manager, New Business
Manager, Gas Manager and Products and Petrochemicals Manager. In
this last role, he was in charge of the marketing and trading of
the fuels and petrochemicals and industrial products that Ecopetrol
produces in its refineries and that it commercializes in the
national and international markets.
- Julio César Herrera will serve as Vice President of Commercial
and Marketing in charge as of January 15,
2025 and until a permanent appointment is made.
Julio has more than 30 years of experience in the oil and gas
industry as a leader of transformation and growth strategies. He
holds an accounting degree from Javeriana University, has studied
marketing and sales at the Kellogg School of Management at
Northwestern University in Chicago, and finance at the Wharton School of
the University of Pennsylvania. In his
different roles at ExxonMobile, BP and Ecopetrol, he has
participated in various international businesses in the Americas
and the Caribbean, as well as in
Europe, Africa, the Middle
East and Australia. In
recent years, he has focused in the marketing of crude oil and
products in the Americas as General Manager of Ecopetrol US
Trading.
Ecopetrol express its gratitude to Walter Fabián Canova for his
years of service, his valuable management, the contributions made
to the Ecopetrol Group, and wishes him much success in his new
professional affairs.
Ecopetrol is the largest company in Colombia and one of the main integrated energy
companies in the American continent, with more than 18,000
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
press release contains business prospect statements, operating and
financial result estimates, and statements related to Ecopetrol's
growth prospects. These are all projections and, as such, they are
based solely on the expectations of the managers regarding the
future of the company and their continued access to capital to
finance the company's business plan. The realization of said
estimates in the future depends on the behavior of market
conditions, regulations, competition, and the performance of the
Colombian economy and the industry, among other factors, and are
consequently subject to change without prior notice.
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 Aragón
Email:
investors@ecopetrol.com.co
Head of Corporate Communications (Colombia)
Marcela Ulloa
Email:
marcela.ulloa@ecopetrol.com.co
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SOURCE Ecopetrol S.A.