Corporate Governance

Corporate governance relates to the activities of Westport Fuel Systems Board of Directors and Westport Fuel Systems structures, traditions, and processes of leadership and stewardship. It relates to accountability oversight, role definitions, and the assignment of power and responsibilities governing our communications with Shareholders. Corporate governance is about creating a culture of openness among all of our stakeholders. We believe that effective corporate governance is critical to the continued and long-term success of Westport Fuel Systems and contributes to maximized Shareholder value over time.

Key objectives of our corporate governance include:

  • to satisfy prospective investors, directors, strategic partners, employees, customers, suppliers, regulators and the public that Westport Fuel Systems governance standards and practices are sound, transparent and characterized by integrity;
  • to demonstrate to Westport Fuel Systems stakeholders that the organization is trustworthy, effective and ethical;
  • to promote high levels of individual and organizational performance and accountability;
  • to establish diligence in addressing governance issues, recognizing that governance failure can be very costly and can result in negative publicity, loss of shareholder and organizational support, costly litigation and other penalties; and
  • to communicate corporate governance practices in the most relevant and user-friendly framework as possible, consistent with "best practices" in the field.

The following documents provide further insight into our corporate governance policies and practices here at Westport Fuel Systems:

Downloads

News Releases

March 22

Westport Fuel Systems Reports Fourth Quarter and Fiscal 2017 Financial Results

Transformative Year: Well Positioned for 2018 with Market-Ready Solutions

March 21

Westport Fuel Systems to Announce Fourth Quarter and Fiscal 2017 Results on Friday, March 23, 2018

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the fourth quarter and year ended December 31, 2017 on Friday, March 23, 2018 before market open. To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Friday, March 23, 2018 at 8:30am Eastern Time (5:30am Pacific Time).

March 19

Westport Fuel Systems Appoints New Director

Westport Fuel Systems Inc. today announced Michele Buchignani has been appointed to the company’s Board of Directors, effective March 16, 2018. The appointment of Ms. Buchignani, who was previously a member of Westport Fuel Systems Advisory Board, increases the number of directors from 9 to 10.

March 8

Westport Fuel Systems Advances Technology Leadership and Solutions

AVL Endorses Higher Pressure HPDI System Enabling Future Efficiency and Performance Demands

January 4

Cummins Westport Receives 2018 Emissions Certifications for ISX12N Natural Gas Engine

Cummins Westport Inc. announced today that it has received certifications from both the U.S. Environmental Protection Agency and Air Resources Board in California for its 2018 ISX12N natural gas engine.

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