News Tagged with "Corporate"

April 17, 2017

Westport Fuel Systems Announces the Signing of a Definitive Agreement to Sell its APU Assets for USD$70 million

Sale in-line with previously announced portfolio review

Westport Fuel Systems Inc. today announced that it has entered into a definitive agreement to sell the assets of its Auxiliary Power Unit business for $70 million United States dollars, subject to certain customary adjustments.

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March 7, 2017

Westport Fuel Systems to Announce Fourth Quarter and Fiscal 2016 Results on Monday March 27, 2017

To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Monday, March 27, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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February 1, 2017

Westport Fuel Systems Announces Change to Chairman of Board of Directors

Brenda Eprile becomes Chairman

Westport Fuel Systems Inc. today announced that Warren Baker has decided to step down as Chairman of the Board of Directors. Dr. Baker will remain on the Westport Fuel Systems Board and will continue as Chair of the Nominating & Corporate Governance Committee. The Board has appointed Brenda Eprile, a director since October of 2013, as the new Chairman of the Board.

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January 11, 2017

Westport Fuel Systems Commends New Pump-to-Wheels Methane Emissions Study

Next Generation Technologies Significantly Reduce Methane Emissions

Westport Fuel Systems today commended the publication of a new study by West Virginia University scientists at the Center for Alternative Fuels, Engines and Emissions (“CAFEE”) quantifying methane emissions from heavy-duty natural gas-powered vehicles and refueling stations.

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January 9, 2017

Mariano Costamagna Transitions from Westport Fuel Systems Board of Directors

Remains in Company Ambassador Role

Westport Fuel Systems Inc. announced today that Mariano Costamagna has stepped down from the Board of Directors while continuing in his ambassador role with the company.

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September 26, 2016

Westport Fuel Systems Appoints New Director

Scott R. Mackie to join Board of Directors

Scott R. Mackie, President of Qualitor Inc.’s International Brakes Industries division—a leading diversified supplier of safety and wear parts for the automotive aftermarket—has been appointed to the Board of Directors of Westport Fuel Systems. In connection with this appointment, Dr. Dezso J. Horvath, one of Westport Fuel Systems’ current directors, will step down from the Board.

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July 22, 2016

Westport Fuel Systems Announces New CEO

Nancy Gougarty to lead global alternative fuel company

The Westport Fuel Systems Inc. Board of Directors is delighted to announce the appointment of Nancy S. Gougarty as CEO effective immediately. David R. Demers, Westport's current CEO, is retiring from the company but will be available to the leadership team in an advisory role through a transition period.

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June 29, 2016

Westport Fuel Systems Announces 2016 Annual Shareholder Meeting Results

Westport Fuel Systems held its Annual Meeting yesterday in Vancouver, British Columbia. Shareholders approved all resolutions presented including the election of all nominated directors.

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May 2, 2016

Fuel Systems Stockholder Meeting Scheduled For Tuesday, May 31

Fuel Systems’ Board of Directors recommends Fuel Systems stockholders vote “FOR” the Merger with Westport, Compelling merger edging closer to completion

Fuel Systems’ Board of Directors recommends Fuel Systems stockholders vote “FOR” the Merger with Westport; Compelling merger edging closer to completion.

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March 18, 2016

Westport Shareholders Vote For Merger with Fuel Systems at Shareholder Meeting

Merger plus all other resolutions pass with overwhelming shareholder support

At the meeting, shareholders approved the issuance of such number of Westport common shares as required according to the Agreement and Plan of Merger dated September 1, 2015 (as amended) to complete the Merger, with 98% of votes cast voted in favour of the resolution, 94% of votes cast voted in favour of the amendment to Westport’s Omnibus Incentive Plan, and 98% of votes cast voted in favour of amending the articles of incorporation of Westport to change its name from Westport Innovations Inc. to Westport Fuel Systems Inc.

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News Releases

April 12

Prins and BRC Win Innovation Award at the International GasShow in Warsaw, Poland

Both companies are part of Westport Fuel Systems family of brands

April 7

Westport Fuel Systems Brands at GasShow 2017

Feature brands include BRC, Cubogas, EMER, GFI, Prins, OMVL, Valtek and Zavoli

March 27

Westport Fuel Systems Presents Unaudited Fourth Quarter and Fiscal 2016 Financial Results

Solid finish to 2016 Taking action to address upcoming liquidity needs

March 7

Westport Fuel Systems to Announce Fourth Quarter and Fiscal 2016 Results on Monday March 27, 2017

To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Monday, March 27, 2017 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

1750 West 75th Avenue, Suite 101
Vancouver, British Columbia
Canada, V6P 6G2
T +1-604-718-2000