News Tagged with "Board Members"

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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June 16, 2016

Westport Updates Nominees For Election to the Board

Westport announced three new nominees for election to the board of directors at the AGM to be held on Tuesday, June 28, 2016. Upon closing of the merger with Fuel Systems Solutions, Mariano Costamagna, Colin S. Johnston and Anthony Harris were added to the combined company's board of directors to fill vacancies created by the resignation of Philip B. Hodge, Gottfried (Guff) Muench and Joseph P. Caron.

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June 1, 2016

Westport Completes Merger with Fuel Systems

Combination creates innovative, global leader in alternative fuel, engine and vehicle sector

Westport completes merger between Westport and Fuel Systems Solutions. Shareholders of both companies approved the merger at separate special meetings of shareholders. As previously announced, Fuel Systems shareholders will receive 2.4755 Westport common shares for each share of Fuel Systems common stock owned. Fuel Systems shares will no longer be listed on the Nasdaq Exchange or any other securities exchange.

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May 13, 2016

Doug Pearce steps down from Westport Board of Directors

Resignation tendered in preparation for merger

Westport announces that Doug Pearce has resigned from the Board as part of plans relating to the pending merger with Fuel Systems Solutions.

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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 17, 2016

Westport Appoints New Director to Board

Rodney Nunn to join Westport’s Board of Directors

Westport announces that Rodney (Rod) Nunn, President and CEO of KSR International Co.—a leading Tier One automotive supplier—has been appointed to Westport's Board of Directors as part of a nomination agreement between Westport and certain entities affiliated with Westport’s largest shareholder, Kevin Douglas (“the Douglas Group”).

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March 7, 2016

Westport Signs Amendment to Merger Agreement with Fuel Systems

Updated agreement reflects current market conditions, provides greater certainty to Westport and Fuel Systems shareholders

Westport has signed an Amendment to the Agreement and Plan of Merger in relation to the proposed business combination between Westport and Fuel Systems.

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February 23, 2016

Westport Files Management Information Circular for Fuel Systems Transaction and Sets Date for Special Meeting of Shareholders

Compelling Combination To Bring a Broader Global Reach, Enhanced Technological Expertise, and Provide Significant Value to Westport Shareholders

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January 11, 2016

Westport Signs Investment Agreement with Cartesian Capital Group for up to $71.3 Million in Financing

Global private equity firm, with a strong presence in Asia and Europe, invests in Westport and the future of natural gas engines

Westport has entered into an agreement with Cartesian Capital Group of New York, for up to $71.3 million in financing to support global growth initiatives. As part of the financing agreement, Peter Yu, Managing Partner and Founder of Cartesian, will be appointed to Westport's Board of Directors.

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News Releases

August 30

Westport Fuel Systems to Present at the 8th Annual Gateway Conference on September 5, 2019

Westport Fuel Systems today announced they have been invited to present at the 8th Annual Gateway Conference, which is being held September 4-5, 2019 at the Four Seasons Hotel in San Francisco, California

August 22

Westport Fuel Systems Announces New Chief Financial Officer

Westport Fuel Systems Appoints Richard Orazietti as Chief Financial Officer

August 8

Reports Second Quarter 2019 Financial Results

Strong first half revenue drives improved revenue guidance

July 29

Westport Fuel Systems to Announce Second Quarter Results on Thursday, August 8, 2019

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the second quarter ended June 30, 2019 on Thursday, August 8, 2019 after market close.

May 9

Reports First Quarter 2019 Financial Results

Strong Revenue Growth in All Areas, Notably Westport HPDI 2.0 Sales

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