Ecuador has chosen a new top executive for Flota Petrolera Ecuatoriana (Flopec) in a move that returns to the long tradition of having a navy officer at the helm of the government-run tanker company.
Flopec's board of directors, which is made up of three government officials, has chosen vice admiral Johnny Enrique Estupinan Echeverria for the general manager job, which is the equivalent of chief executive or managing director.
