~ Remains in Company Ambassador Role ~
VANCOUVER, Jan. 9, 2017 /PRNewswire/ - Westport Fuel Systems
Inc. ("Westport Fuel Systems") (TSX:WPRT / Nasdaq:WPRT)
announced today that Mariano
Costamagna has stepped down from the Board of Directors
while continuing in his ambassador role with the company.
Mariano Costamagna was Fuel Systems' chief executive officer
from January 2005 to May 2016.
Upon the closing of the merger, he joined the Board of Westport
Fuel Systems and began his role as ambassador, both effective
June 1, 2016.
"I would like to thank Mariano
Costamagna for his guidance and expertise while serving on
the Board during the initial transition period and integration of
two alternative fuel system market leaders," said Warren Baker, Chairman of the Board. "With
over 30 years of experience in the alternative fuels industry, we
are glad to have his continued support through his role as
ambassador, reporting directly to the Chief Executive Officer," he
added.
Mr. Costamagna's Board resignation is effective from today,
Monday, January 9, 2017.
The Westport Fuel Systems eight-person board currently consists
of: Warren J. Baker (non-executive
chairman), Nancy Gougarty (Chief
Executive Officer), Brenda J.
Eprile, Anthony Harris,
Colin S. Johnston, Scott Mackie, Rodney
Nunn, and Peter Yu.
About Westport Fuel Systems
At Westport Fuel Systems, we are driving innovation to power a
cleaner tomorrow. We are inventors, engineers, manufacturers and
suppliers of advanced clean-burning fuel systems and components
that can change the way the world moves. Our technology delivers
performance, fuel efficiency and environmental benefits to address
the challenges of global climate change and urban air quality.
Headquartered in Vancouver,
Canada, we serve our customers in more than 70 countries
with leading global transportation and industrial application
brands. At Westport Fuel Systems, we think ahead. For more
information, visit wfsinc.com.
SOURCE Westport Fuel Systems Inc.