Grupo Energía Bogotá E.S.P Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Juan Ortega López

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.3yrs
CEO ownership	n/a
Management average tenure	4.8yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO

Juan Ortega López

4.3yrs

Tenure

Mr. Juan Ricardo Ortega López serves as President of Grupo Energía Bogotá S.A. E.S.P. since July 1, 2020. Mr. Ortega López has been Director of Economic Studies of the National Planning Department, Economi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Juan Ortega López	President	4.3yrs	no data	no data
Jorge Tabares Angel	Financial Vice President	4.8yrs	no data	no data
Leonardo Garnica Eljaiek	Vice President of Investment	8.5yrs	no data	no data
Julio Alarcón Velasco	Accounting Manager	no data	no data	no data
Karen Guzman Vanegas	Investor Relations Officer	no data	no data	no data
Nestor Fagua Guauque	Legal & Compliance Vice President	no data	no data	no data
Mauro Mejía	Directorate of Strategic Sourcing	no data	no data	no data
Andres Sarmiento	Vice President of Growth	no data	no data	no data
Fredy Zuleta	Third Alternate to the CEO	no data	no data	no data

4.8yrs

Average Tenure

Experienced Management: GEB's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Maria Gutierrez Botero	Non Independent Director	4.8yrs	no data	no data
Juan Mauricio Cortes	Non Independent Director	4.8yrs	no data	no data
Rafael Rueda	Independent Director	4.8yrs	no data	no data
Maria Mercedes Lopez	Independent Director	4.8yrs	no data	no data
Luis Javier Lachner	Independent Director	4.8yrs	no data	no data
Juan Mauricio Estevez	Independent Director	4.8yrs	no data	no data
Ignacio Villar	Independent Director	4.8yrs	no data	no data
Martha Yaneth Quintero	Independent Vice President of the Board	4.8yrs	no data	no data
Andres Arango	Independent President of the Board	4.8yrs	no data	no data

4.8yrs

Average Tenure

62yo

Average Age

Experienced Board: GEB's board of directors are considered experienced (4.8 years average tenure).

Grupo Energía Bogotá E.S.P Management

Management criteria checks 2/4

Key information

Recent management updates

High number of new and inexperienced directors

High number of new and inexperienced directors

Recent updates

Price target increased by 11% to Col$3,150

Third quarter 2024 earnings released: EPS: Col$92.43 (vs Col$87.70 in 3Q 2023)

Second quarter 2024 earnings released: EPS: Col$64.15 (vs Col$80.65 in 2Q 2023)

Upcoming dividend of Col$126 per share

First quarter 2024 earnings released: EPS: Col$81.36 (vs Col$96.71 in 1Q 2023)

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

New minor risk - Share price stability

Investor sentiment improves as stock rises 17%

Upcoming dividend of Col$109 per share at 18% yield

Now 20% undervalued after recent price drop

Upcoming dividend of Col$179 per share at 12% yield

New major risk - Financial position

Now 20% undervalued

Investor sentiment improves as stock rises 16%

Upcoming dividend of Col$96.00 per share

Third quarter 2022 earnings released

High number of new and inexperienced directors

Second quarter 2022 earnings released: Col$1.10 loss per share (vs Col$71.36 profit in 2Q 2021)

Price target increased to Col$2,967

Upcoming dividend of Col$96.00 per share

High number of new and inexperienced directors

Full year 2021 earnings: Revenues miss analyst expectations

Price target increased to Col$2,800

Third quarter 2021 earnings released

Upcoming dividend of Col$128 per share

Price target increased to Col$2,733

Full year 2020 earnings released

New 90-day high: Col$2,840

New 90-day high: Col$2,705

New 90-day high: Col$2,595

New 90-day high: Col$2,550

New 90-day high - Col$2,500

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age