Ecopetrol Seeks New CEO After Sliding Output, Price Slump
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Colombia’s Ecopetrol SA said it will search for a new chief executive officer as the worst-performing major crude producer struggles with declining output and slumping oil prices.
Ecopetrol’s board will seek a replacement for CEO Javier Gutierrez, 63, who has led the company since 2007, the board said in a statement today. The board said it aims to present a successor at next year’s shareholders meeting.