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The Board of Directors of Ecopetrol S.A. appoints a new President of Ecopetrol S.A.

Apr 11, 2023

 

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that its Board of Directors in a meeting held on April 11, 2023, appointed Ricardo Roa Barragán as President of Ecopetrol S.A., who will assume this role by April 30, 2023.

The assessment and selection process of the candidates was carried out with the support of the Compensation, Nomination and Culture Committee of the Board of Directors of Ecopetrol S.A., assisted by a renowned international executive search firm. The appointment took place after a rigorous examination of the proposed candidates, following the Succession Policy for the President of Ecopetrol S.A. and other applicable regulations. The selection and appointment process of the new president took place in several stages. In the first stage, the aforementioned firm identified several candidates who met the conditions defined in the role’s profile. Subsequently, the firm presented a select number of candidates who were interviewed by the Board of Directors. Finally, after extensive deliberations, the Board unanimously appointed engineer Roa.

The new President of Ecopetrol S.A., Ricardo Roa Barragán, is a mechanical engineer from the National University of Colombia and a specialist in engineering management systems from the Pontificia Universidad Javeriana, with over 30 years of professional experience, and a leader in strategic transformation in companies in the energy sector. He has held prominent positions including President of Grupo Energía de Bogotá S.A. ESP and Transportadora de Gas Internacional (TGI), as well as General Manager of Empresa Energía de Honduras EEH.

 

April 11, 2023

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