Corporate Governance

Strong and effective corporate governance is critical to protect shareholder rights, to maximize shareholder value, and to build investor confidence.

The Westport Fuel Systems Board of Directors is committed to upholding the highest standards of corporate governance and fulfilling its duties of stewardship and accountability.

Corporate governance encompasses our commitment to a culture of integrity and ethical and sustainable business practices. We believe that effective corporate governance is vital to the continued and long-term success of Westport Fuel Systems and contributes to maximized shareholder value over time.

Our corporate governance commitment includes the following key objectives:

  1. 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;
  2. To demonstrate to stakeholders that Westport Fuel Systems is committed to integrity through ethical, trustworthy, and effective business practices;
  3. To promote high levels of individual and organizational performance and accountability;
  4. To maintain a robust corporate governance framework which ensures diligence in identifying and addressing matters with a focus on continuous improvement;
  5. To communicate corporate governance practices in the most relevant and user-friendly framework as possible, consistent with best practices in the field.

The governance documents below provide further insight into our corporate governance policies and practices.

News Releases

January 7

Westport Fuel Systems Appoints New Director

Westport Fuel Systems Inc. today announced the appointment of Tony Guglielmin to the company’s Board of Directors, effective January 7, 2021.

November 19

Cummins Westport Announces Changes to its Board of Directors and Management Team

Cummins Westport Inc. today announced changes to its Board of Directors and Management in accordance with the terms of the 50/50 Joint Venture Agreement between Cummins Inc. and Westport Fuel Systems Inc.

November 16

Westport Fuel Systems Announces Next Generation HPDI Development Contract with OEM Partner

Program Applies HPDI to an Updated Base Engine Platform

November 9

Westport Fuel Systems Announces the Establishment of an At-the-Market Equity Offering Program

Westport Fuel Systems Inc. today announced today that the Company has established an at-the-market equity offering program.

Industry News

Published: October 6

Volvo Trucks sees increased interest in LNG

Swedish truck maker Volvo said it’s seeing hauliers and transport buyers moving towards refrigerated liquefied gas as a cheaper and more environmentally friendly alternative to diesel.

Published: September 30

India: Maruti Suzuki sells 300,000 units of the WagonR S-CNG

The Maruti Suzuki WagonR S-CNG has emerged as the highest selling natural gas vehicle in the country, as this greener and safer factory-fitted CNG model has surpassed 300,000 units in sales.

Published: September 24

Why Fleet Managers Anheuser Busch Kehe Distributors are Fueling Renewable Natural Gas

While much attention has shifted to the potential for battery-electric or hydrogen vehicles, another technology with a vast infrastructure — renewable natural gas — is gaining traction among fleet managers.

Published: July 17

Egypt launches ambitious strategy to shift from gasoline to natural-gas powered cars

Egypt has launched an ambitious plan to shift the primary fuel for vehicles in its jurisdiction from petrol and diesel to compressed natural gas.

Published: March 26

Coronavirus Economic Fallout May Boost NGVs as Alternative Transportation

Natural gas vehicles (NGV) may get a boost as power markets and renewable equipment production are seen as potential casualties.

Our Brands