Mauricio Salgar Hurtado — Managing Director, and Manager at Advent International

Mr. Mauricio Salgar Hurtado is a Managing Director and Manager at Advent International Corporation since October 23, 2012. He focuses on business and financial services, industrial and healthcare sector. Prior to Ecopetrol, Mr. Salgar Hurtado co-founded despegar.com. Previously, He served as a Vice President at Sanford Management since April 2007, where his responsibilities included portfolio-company oversight, business development and mergers and acquisitions. While at Sanford, Mr. Salgar Hurtado also served on the boards of several of its portfolio companies. Mr. Salgar Hurtado served as a Country Manager of Despegar USA from June 2002 to December 2003. He served as the Chief Operating Officer at Ecopetrol S.A., from April 2003 to April 2007 and also served as an Interim Chief Executive Officer, where he was responsible for its exploration, production, refining, supply and marketing organizations and shared services units. He was an Associate at Booz & Company Inc., where he advised clients that included the largest water utility. Mr. Salgar is appointed as a Member at The Latin American Private Equity & Venture Capital Association. He serves as a Director of Prospero Hydrocarbons Inc., Alianza Fiduciaria, LifeMiles B.V., Oleoducto Central (Ocensa), GTM (Grupo Transmerquim), and Grupo Biotoscana. He served as a Director of PetroMagdalena Energy Corp. from July 13, 2009 to June 2010. He served as a Director of Alange Energy Corp. from July 13, 2009 to June 2010. He also served as the Director of Centelsa, IQ Outsourcing and Avanxo. Mr. Salgar Hurtado holds an M.B.A. from MIT Sloan School of Management and a B.S. in Industrial Engineering from Universidad de Los Andes.