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//alvaro rendon
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Legal Reconciliation Between Ex EPM CEO & Medellín Mayor Daniel Quintero Fails

Not only did Quintero fire Rendón earlier this year after appointing him to head the city-owned utility conglomerate a year before, Quintero made several public statements that Rendón considers disparaging, slanderous, and untrue leading to the lawsuit.
Posted On June 29, 2021
, By Loren Moss
After 1 week, Alejandro Calderón Chatet will no longer be CEO of EPM.
2

EPM Governance Crisis Deepens: New CEO Alejandro Calderón Chatet Resigns, 1 Week After Being Appointed

The letter of resignation came just hours after a contentious press conference where Calderón wished to discuss his investment plan, but the press, including Finance Colombia, wished to delve into the numerous gaps and inconsistencies in his qualifications.
Posted On April 12, 2021
, By Loren Moss
EPM General Manager Alvaro Rendón (left) with Medellín Mayor Daniel Quintero (photo credit: EPM)
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Medellín’s Mayor Quintero To Be Deposed Over Firing Of EPM General Manager

According to former GM Rendón in several interviews, the mayor fired him due to his resistance of the mayor's interference in EPM’s internal management, contrary to the established corporate governance framework that allows EPM to operate as a business without direct political...
Posted On March 11, 2021
, By Loren Moss
SINPRO President Olga Lucia Arango
1

SINPRO, EPM’s Largest Labor Union Warns The Battles Between Medellín’s Mayor & EPM’s Former GM Are Hurting The Utility Conglomerate

Olga Lucia Arango, president of SINPRO, EPM's largest labor union, expresses in a letter shared with Finance Colombia, the union's grave concerns with the behavior of, and public battle between Medellín Mayor Daniel Quintero and EPM former GM Alvaró Rendón, who was both hired...
Posted On February 12, 2021
, By Loren Moss
EPM General Manager Alvaro Rendón (left) with Medellín Mayor Daniel Quintero (photo credit: EPM)
2

Former CEO of EPM Denounces Medellín’s Mayor As A Menace To The Utility’s Corporate Governance & Independence

According to Rendón on radio interviews he gave with Colombian radio stations Blu Radio and W Radio, Mayor Quintero has led a hostile takeover of EPM. In the interviews, Rendón accused the mayor of attempting to install his private secretary, Camila Villamizar, on various EPM...
Posted On February 8, 2021
, By Loren Moss
3

Alvaro Rendón Ousted From EPM By Quintero’s Board of Directors

During a board meeting yesterday called by EPM (Empresas Públicas de Medellín) CEO Alvaro Rendón after Medellín Mayor Daniel Quintero asked for his resignation, the board of directors, appointed entirely by Mayor Quintero, confirmed his firing.
Posted On February 2, 2021
, By Loren Moss
EPM General Manager Alvaro Rendón (left) with Medellín Mayor Daniel Quintero (photo credit: EPM)
2

More Turmoil At EPM: CEO Alvaro Rendón Dares Medellín Mayor Daniel Quintero To Fire Him

EPM General Manager Alvaro Rendón says he will resign only after meeting with the Board of Directors, despite Medellín Mayor Daniel Quintero's request for his head; this just days after Quintero dismissed Rendon's ouster as politically motivated false rumors.
Posted On February 1, 2021
, By Loren Moss
SINPRO President Olga Lucia Arango
1

Interview: EPM’s SINPRO Labor Union President Olga Lucia Arango Expresses Grave Concerns On Utility’s Leadership, Political Interference

Olga Lucia Arango, the president of EPM's largest labor union does not mince words when she expresses her union's concern over alleged mismanagement and political interference at the Medellín-based multinational utility operator. She has a message for the utility's bondholders,...
Posted On October 8, 2020
, By Loren Moss
3

In Deepening Crisis At EPM, Labor Union Demands CEO Explain Private Gym, Luxury Office Remodel Despite Austerity Orders

Adding to the turmoil at EPM (Empresas Públicas de Medellín) since Medellín’s mayor Daniel Quintero took office and appointed CEO Álvaro Guillermo Rendón (above photo), the utility’s primary labor union SINPRO has issued a public demand for information on Rendón’s alleged...
Posted On August 25, 2020
, By Loren Moss
off

Medellín’s Governance Crisis Spreads To Tigo Une: Federico Arango Toro Resigns Board Via Scathing Repudiation Of Mayor Daniel Quintero

“The recent acts under your responsibility as manager of EPM, and being mayor, as the president of its board of directors, reconfirms to me that the necessary identity of principles no longer exist to continue acting in the representation of EPM, for that I am presenting my...
Posted On August 19, 2020
, By Loren Moss
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