On the morning of this Friday, October 28, it was announced the removal of Carlos Gustavo Cano as president of the Board of Directors of Ecopetrol. This happened 24 hours after being appointed to the position.
Now, the results of the new vote showed that the president It will be Saul Kattan Cohen. Mauricio Cabrera Galvis was appointed as vice president.
(See: Dollar on the rise after removal of the president of the Board of Ecopetrol).
Cano was the one who reported his removal and assured that it would have been a decision by President Gustavo Petro. “I regret to inform you that when this decision of the Board was made public, President Petro raised his voice of protest and disapproval, and, through several of his immediate collaborators, ordered the members of the Board affected by him, and also those who did not they are, to advance in this morning’s session my dismissal as chairman of the board after 24 hours of my appointment as suchCano assured.
Given this decision, the president explained the reasons for these changes, through his Twitter account. In principle, he clarified that Ecopetrol, like any other company, configures its Board of Directors according to the shareholding. ANDIn this case, most of the actions belong to the State.
“The new board of directors is made up of people who have already increased the value of companies such as EEB and ETB“, the president wrote. He also said that he would always respect the right of minority shareholders.
(Keep reading: Who will be the new president of the Board of Directors of Ecopetrol?).
Finally, that the guideline taken by him as president is for his representatives on the new Board of Directors to fulfill one objective: raise the value of Ecopetrol.
1. Ecopetrol configures its board of directors like any other company according to shareholding, the majority of shares belongs to the State
2. The new board of directors is made up of people who have already increased the value of companies such as EEB and ETB.
– Gustavo Petro (@petrogustavo) October 28, 2022
For his part, the Minister of Finance, José Antonio Ocampo, assured that this is a decision that corresponds to a proposal of the majority shareholder, the National Government. In this way, it seeks to guarantee that Ecopetrol continues to be the main company in Colombia.
BRIEFCASE
