Ecopetrol Board Vote Set for 15 September as Output Falls
Ecopetrol has called shareholders to a meeting in Bogotá on 15 September. The Ecopetrol board vote would replace six of the nine directors at once. The post Ecopetrol Board Vote Set for 15 September as Output Falls appeared first on The Rio Times .
On September 15, the Ecopetrol board will hold an election to choose six new directors, recommended by the Colombian finance ministry. This vote will take place during an extraordinary shareholder meeting in Bogotá, where the state, controlling 88.49% of shares, holds significant influence. Six candidates, including Alfonso Barco Muñoz, Carlos Suárez Rojas, and Ludmila Vergara Rosales, will vie for the positions.
The board will elect all nine members using an electoral quotient system. The finance ministry's slate aims to maintain continuity while introducing new directors. The last item on the agenda is to vote on amending the company's bylaws regarding the slate's composition. Ecopetrol's production has declined by 2% from July 2025, with crude oil output down to 459,302 barrels per day and gas fields at 784 million cubic feet per day.
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