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Ecopetrol announces changes in senior management and the appointment of a legal representative

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Ecopetrol (NYSE: EC) announced key management changes effective January 18, 2025. Germán González Reyes will conclude his role as Secretary General and Acting Director of Institutional Relations and Communications on January 17, 2025. The Board has appointed Cristina Toro Restrepo as Acting Secretary General, Rodolfo García Paredes as Acting Corporate Legal Vice President, and Diana Marcela Jiménez as Acting Director of Institutional Relations and Communications. Additionally, Jaime Andrés García was appointed as the main legal representative for procurement of goods and services.

Ecopetrol is Colombia's largest company, controlling over 60% of the country's hydrocarbon production and leading in petrochemicals and gas distribution. The company owns 51.4% of ISA and operates internationally in strategic basins across the Americas.

Ecopetrol (NYSE: EC) ha annunciato importanti cambiamenti nel management a partire dal 18 gennaio 2025. Germán González Reyes concluderà il suo ruolo di Segretario Generale e Direttore Ad interim delle Relazioni Istituzionali e delle Comunicazioni il 17 gennaio 2025. Il Consiglio ha nominato Cristina Toro Restrepo come Segretario Generale ad interim, Rodolfo García Paredes come Vice Presidente Legale Corporate ad interim, e Diana Marcela Jiménez come Direttrice ad interim delle Relazioni Istituzionali e delle Comunicazioni. Inoltre, Jaime Andrés García è stato nominato rappresentante legale principale per l'approvvigionamento di beni e servizi.

Ecopetrol è la più grande azienda della Colombia, controllando oltre il 60% della produzione di idrocarburi del paese e guidando nel settore della chimica e della distribuzione del gas. L'azienda possiede il 51,4% di ISA e opera a livello internazionale in bacini strategici in tutto il continente americano.

Ecopetrol (NYSE: EC) anunció cambios clave en la dirección que entrarán en vigor el 18 de enero de 2025. Germán González Reyes concluirá su papel como Secretario General y Director Interino de Relaciones Institucionales y Comunicaciones el 17 de enero de 2025. La Junta ha nombrado a Cristina Toro Restrepo como Secretaria General Interina, Rodolfo García Paredes como Vicepresidente Legal Corporativo Interino, y Diana Marcela Jiménez como Directora Interina de Relaciones Institucionales y Comunicaciones. Además, Jaime Andrés García fue nombrado representante legal principal para la adquisición de bienes y servicios.

Ecopetrol es la empresa más grande de Colombia, controlando más del 60% de la producción de hidrocarburos del país y liderando en petroquímicos y distribución de gas. La empresa posee el 51,4% de ISA y opera internacionalmente en cuencas estratégicas a lo largo de las Américas.

에코페트롤 (NYSE: EC)은 2025년 1월 18일부터 시행될 주요 경영 변화 소식을 발표했습니다. 게르만 곤살레스 레예스는 2025년 1월 17일자로 사무총장 및 기관 관계 및 커뮤니케이션 대행 이사직을 종료합니다. 이사회는 크리스티나 토로 레스트레포를 대행 사무총장으로, 로드폴도 가르시아 파레데스를 대행 법무 부사장으로, 디아나 마르셀라 히메네즈를 대행 기관 관계 및 커뮤니케이션 이사로 임명했습니다. 또한, 하이메 안드레스 가르시아가 물품 및 서비스 조달을 위한 주요 법적 대표로 임명되었습니다.

에코페트롤은 콜롬비아 최대의 기업으로, 국내의 60% 이상의 탄화수소 생산을 통제하며 석유화학 및 가스 배급 부문에서 선두를 달리고 있습니다. 이 회사는 ISA의 51.4%를 소유하고 있으며, 아메리카 전역의 전략적 분지에서 국제적으로 운영되고 있습니다.

Ecopetrol (NYSE: EC) a annoncé des changements clés au sein de sa direction, effectifs à partir du 18 janvier 2025. Germán González Reyes mettra fin à son rôle de Secrétaire Général et Directeur par intérim des Relations Institutionnelles et de la Communication le 17 janvier 2025. Le Conseil a nommé Cristina Toro Restrepo comme Secrétaire Général par intérim, Rodolfo García Paredes comme Vice-Président Légal par intérim, et Diana Marcela Jiménez comme Directrice par intérim des Relations Institutionnelles et de la Communication. De plus, Jaime Andrés García a été nommé représentant légal principal pour l'approvisionnement en biens et services.

Ecopetrol est la plus grande entreprise de Colombie, contrôlant plus de 60 % de la production d'hydrocarbures du pays et étant leader dans les secteurs de la pétrochimie et de la distribution de gaz. La société détient 51,4 % d'ISA et opère à l'international dans des bassins stratégiques à travers les Amériques.

Ecopetrol (NYSE: EC) gab wesentliche Veränderungen im Management bekannt, die am 18. Januar 2025 in Kraft treten. Germán González Reyes wird seine Rolle als Generalsekretär und vorübergehender Direktor für Institutionelle Beziehungen und Kommunikation am 17. Januar 2025 beenden. Der Vorstand hat Cristina Toro Restrepo zur kommissarischen Generalsekretärin, Rodolfo García Paredes zum kommissarischen Vizepräsidenten für Unternehmensrecht und Diana Marcela Jiménez zur kommissarischen Direktorin für Institutionelle Beziehungen und Kommunikation ernannt. Außerdem wurde Jaime Andrés García als Hauptrechtsvertreter für die Beschaffung von Waren und Dienstleistungen ernannt.

Ecopetrol ist das größte Unternehmen Kolumbiens und kontrolliert über 60 % der Kohlenwasserstoffproduktion des Landes und führt in den Bereichen Petrochemie und Gasverteilung. Das Unternehmen besitzt 51,4 % von ISA und operiert international in strategisch wichtigen Becken in Nord- und Südamerika.

Positive
  • Strong market position with 60% control of Colombia's hydrocarbon production
  • Diversified operations across energy transmission, real-time systems, and infrastructure
  • International presence in strategic basins across the Americas
  • Significant stake (51.4%) in ISA strengthening energy sector presence
Negative
  • None.

BOGOTA, Colombia , Dec. 16, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company") announces that Germán González Reyes, who has been serving as Secretary General since September 29, 2023 (as announced on that date) and Acting Director of Institutional Relations and Communications since June 28, 2024 (as announced on that date), will perform his duties until January 17, 2025. Ecopetrol thanks Germán González for his seven years of service, his valuable management, and the contributions made to Ecopetrol, and wishes him much success in his new professional endeavors.

Consequently, the Board of Directors made the following appointments on December 13, 2024:

  • Cristina Toro Restrepo, current Corporate Legal Vice President, as Acting Secretary General, effective as of January 18, 2025, until the position is permanently filled. Cristina is a lawyer from the University of Caldas with a specialization in Energy Mining Law from the Externado University of Colombia, a specialist in Commercial Law from the University of Caldas, and a specialist in Tax and Customs Legislation from the University of Caldas. She has 28 years of experience and has served as Secretary General of EPM, Head of the Legal Advisory Office of the Bogotá Metro, Secretary General of the Medellín Metro, Manager of Labor Relations Management at EPM, Secretary General and Legal Vice President of the Bogotá Energy Group, Secretary General of CHEC, and Legal Director of Aguas de Manizales. She is a member of Women in Connection, the Advisory Board of the Community of Women and holds leadership positions in the Board of Directors of CESA.
  • Rodolfo García Paredes, current Hydrocarbons Legal Manager, as Acting Corporate Legal Vice President, effective as of January 18, 2025, until the position of Secretary General is permanently filled. Rodolfo is a lawyer from the University of Rosario, with a specialization in Public Management and Institutions from the University of Los Andes. He has been linked to the Corporate Legal Vice Presidency of Ecopetrol for more than 20 years, during which he has held leadership positions, such as Legal Advisory Manager in Exploration, Legal Manager of New Businesses, Corporate and Hydrocarbons.
  • Diana Marcela Jiménez, current Regulatory Strategy Manager, as Acting Director of Institutional Relations and Communications, effective as of January 18, 2025, until the position is permanently filled. Diana is an Electrical Engineer and Business Administrator from the University of Los Andes with a specialization in Economics from the Javeriana University of Colombia, a master's degree in Business Administration from the Pontifical Catholic University of Peru, and a master's degree in Executive MBA Business Management from EADA Business School. She has 20 years of experience and has held executive positions in Institutional Relations and Regulatory Affairs in companies such as Enel Colombia, Emgesa, and Codensa.

Additionally, the Board of Directors appointed Jaime Andrés García, current Vice President of Administration and Services, as the main legal representative for the procurement of goods and services.

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, 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.

For more information, please contact:

Head of Capital Markets
Carolina Tovar Aragón
Email: investors@ecopetrol.com.co

Head of Corporate Communications 
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co

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SOURCE Ecopetrol S.A.

FAQ

When will Ecopetrol's (EC) new management changes take effect?

The new management changes at Ecopetrol will take effect on January 18, 2025.

Who is replacing Germán González Reyes as Ecopetrol's Secretary General?

Cristina Toro Restrepo, the current Corporate Legal Vice President, will serve as Acting Secretary General until the position is permanently filled.

What percentage of Colombia's hydrocarbon production does Ecopetrol control?

Ecopetrol is responsible for more than 60% of Colombia's hydrocarbon production.

What is Ecopetrol's ownership stake in ISA?

Ecopetrol owns 51.4% of ISA's shares.

How many employees does Ecopetrol (EC) have?

Ecopetrol has more than 19,000 employees.

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