Ecopetrol Announces Changes in Senior Management

Core Insights - Ecopetrol S.A. is implementing organizational changes to enhance management efficiency and support its 2040 strategy "Energy that Transforms" aimed at energy diversification and improved agility [1][2] Company Overview - Ecopetrol is the largest company in Colombia and a major integrated energy player in the Americas, employing over 18,000 people [2] - The company accounts for more than 60% of Colombia's hydrocarbon production and has significant roles in transportation, logistics, and refining [2] - Ecopetrol has a 51.4% stake in ISA, expanding its involvement in energy transmission and real-time system management [2] - Internationally, Ecopetrol operates in strategic basins in the U.S., Brazil, and Mexico, and holds leading positions in power transmission across several South American countries [2] Organizational Changes - The Corporate Legal Vice Presidency has been restructured to include the General Secretariat, now named Corporate Legal Vice Presidency and General Secretariat [5] - María Cristina Toro Restrepo has been appointed as Corporate Legal Vice President and General Secretary, reporting directly to the President [5] - Rafael Ernesto Guzmán Ayala has been named Executive Vice President of Hydrocarbons, also reporting directly to the President [5] - The Upstream Vice Presidency has been renamed to Exploration, Development, and Production Vice Presidency, led by Juan Carlos Hurtado Parra, reporting to the Executive Vice President of Hydrocarbons [5]