Venezuela’s Leopoldo Alejandro Betancourt Lopez Leads With Innovation

Leopoldo Alejandro Betancourt Lopez is a Latin American entrepreneur with a penchant for melding business and technology. Betancourt also operates his business ventures with a social and environmental conscience. His passions have taken him down varied career paths where he has become a major player.

As chief executive officer of Derwick Associates, a Venezuelan renewable energy company, Leopoldo Alejandro Betancourt Lopez directs efforts ranging from exploring alternative energy sources to protecting indigenous peoples. Derwick develops energy production from solar, wind, biomass, geothermal, and hydroelectric sources. Betancourt hopes to improve these production methods enough that they become mainstream and globalized. Derwick is also planning a nuclear power plant installation in Latin America although the endeavor requires overcoming significant obstacles. In its efforts to have a positive impact on the social and ecological environments near its power plants, Derwick Associates created the Foundation Hermogenes Lopez. The foundation’s projects include improving or establishing schools, sports complexes, and job training facilities.

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Leopoldo Alejandro Betancourt Lopez is the director of the board and major shareholder of Pacific Exploration and Production, the largest oil company in Latin America. Betancourt leverages his position to promote new petrochemical markets and improve extraction capabilities. Using this expansion, he hopes to improve the economic strengths of countries such as Venezuela, Peru, and Mexico.

A sudden downturn at the leading sunglasses company, Hawkers, led Leopoldo Alejandro Betancourt Lopez to the Spanish corporation’s presidential seat in 2016. The sunglasses manufacture sells affordable, fashionable eyewear using the power of social media and the cost-effective method of e-commerce. The business model proved so successful that the company was unable to meet demand, leading to the need for investors and additional supply chains.

Betancourt invested in the Hawkers brand that year when the co-founders sought external funding for the first time since the company’s inception. In 2018, Betancourt invested several more million dollars and became the majority stockholder thereby controlling 50 percent of Hawkers capital. Betancourt arranged a collaboration with the clothing brand El Ganzo in 2017 and has devised a strategic plan to make Hawkers a global industry leader.