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

March 25

Westport Fuel Systems Announces Strong Support from Export Development Canada

$6.0 Million of Principal Payments Deferred to Improve Liquidity

March 23

Westport Fuel Systems Announces the Temporary Suspension of Production in Cherasco and Albinea, Italy

Westport Fuel Systems today announced it will temporarily suspend production at its facilities in Cherasco and Albinea, Italy.

March 16

Westport Fuel Systems Announces the Temporary Suspension of Production in Brescia, Italy

Westport Fuel Systems today announced the decision to temporarily suspend production in its Brescia, Italy facility effective immediately.

March 5

Westport Fuel Systems to Announce Fourth Quarter and Fiscal 2019 Results on Tuesday, March 17, 2020

Westport Fuel Systems Inc. today announced that it will disclose its financial results for the fourth quarter and year ended December 31, 2019 on Tuesday, March 17, 2020 after market close.

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