Juan Carlos Hurtado presented this Monday, September 14 his resignation from the acting presidency of Ecopetrol in Bogotá, prior to the Extraordinary Shareholders’ Meeting of the oil company.
The management of the state company will be temporarily assumed by Camilo Barco, the current financial vice president of the company, which would respond to the need to maintain operational continuity and give signals of stability to the markets and investors after recent changes in senior management.
Management restructuring and background of the resignation
Hurtado’s resignation is part of a reorganization process in Ecopetrol’s top management. Hurtado had assumed the provisional position after the titular president, Ricardo Roa, requested a leave and later stepped away from the operational management of the entity.
The withdrawal comes after the retirement plan for Juan Carlos Hurtado Parra was agreed upon in July, who served as acting president and executive vice president of Hydrocarbons.
Amid the resignation, an alleged audio of Hurtado was revealed by the Investigative Unit of EL TIEMPO.
In the audio material, Hurtado allegedly holds conversations with the Catalan businessman Manel Grau, who would be a personal friend of former president Petro and the former first lady, Verónica Alcocer, and a contractor identified as Víctor.
In the alleged audio, they would talk about multimillion-dollar contracts, high positions in the oil company and business in Venezuela.
Alfonso Camilo Barco Muñoz will assume the acting presidency of the oil company starting next Tuesday, September 15.
The new president has more than 35 years of experience and is the current financial vice president.
Financial transition and definition of the new board of directors
Camilo Barco, at the head of the financial vice presidency, would assume temporary control of the oil company with the task of representing the company during the transition period and ensuring the regular development of its extractive and corporate activities.
Meanwhile, the Extraordinary Assembly will address the vote on the new composition of the board of directors this Tuesday, September 15. The national government formally nominated five new members:
- Jorge Alberto Jaller Jaramillo
- José Camilo Manzur Jattin
- Ludmila del Carmen Vergara Rosales
- Betzy Patricia Martínez Zapateiro
- Claudia Margarita Lafaurie Taboada
They will remain in their directorial seats César Eduardo Loza Arenas, Ricardo Rodríguez Yee, and Luis Felipe Henao, thus completing the corporate governance structure that will define the appointment of the next permanent president of the company.
This content was rewritten with the assistance of artificial intelligence and reviewed by a journalist, based on exclusive information from the Investigative Unit of EL TIEMPO and Ecopetrol.
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