Ecopetrol Hands Its Board to a Campaign Strategist as Output Falls
Ecopetrol's board elected Carlos Suarez, the strategist behind President De la Espriella's campaign, as chairman on 17 September, after months of upheaval. The post Ecopetrol Hands Its Board to a Campaign Strategist as Output Falls appeared first on The Rio Times .
Ecopetrol has appointed Carlos Augusto Suarez Rojas as its new chairman, choosing a campaign strategist from President Gustavo Petro's team to lead the oil company as its output declines. President Abelardo de la Espriella's campaign manager, Ricardo Roa, oversaw Ecopetrol from 2023 until July 2026. Suarez replaced Luis Felipe Henao Cardona, who had been chair since late July.
Henao now chairs the corporate governance and sustainability committee. Suarez, a lawyer from the Universidad Externado de Colombia, specializes in public management, fiscal control, and criminal law. He founded a consultancy focused on political communication and crisis management. The Ministry of Finance nominated Suarez as an independent member, and he received 99.65 percent support at the extraordinary shareholders' meeting on 17 September 2026. Ecopetrol's production fell 6.6 percent to 705,800 barrels of oil equivalent a day.
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