Westport Fuel Systems Appoints David Johnson as Chief Executive Officer
January 15 2019 - 8:30AM
Westport Fuel Systems Inc. ("
Westport Fuel
Systems") (TSX/Nasdaq:WPRT) today announced the
appointment of David M. Johnson as Chief Executive Officer,
effective immediately. Nancy S. Gougarty has decided to
retire as Westport’s Chief Executive Officer and is stepping down
from the Board of Directors. Ms. Gougarty will support Westport
Fuel Systems’ leadership team through a transition period.
“We’re very pleased to appoint an entrepreneurial leader with
specific experience and insights in the global OEM market to lead
Westport Fuel Systems’ growth and development as a world-class
global alternative fuels technology company. As a powertrain
engineer and a proven executive with outstanding technical skills,
product launch experience and expertise in advanced drive-train
technology, David is well positioned to build on Westport Fuel
Systems’ global success as we continue to execute our long-term
strategy,” said Brenda Eprile, Chair of Westport Fuel Systems’
Board of Directors.
Mr. Johnson will join Westport Fuel Systems having served for
ten years as President and Chief Executive Officer of Achates
Power. Prior to his most recent role, Mr. Johnson served in a
variety of roles with some of the world’s leading automotive
companies including senior roles at Navistar, Ford and General
Motors. Mr. Johnson combines deep technical expertise with a
decades-long career in international markets, during which time he
successfully led and managed several global vehicle and engine
development and commercialization programs.
“I am honoured to be entrusted to lead this great company and
build on a strong record of success and growth,” said Mr. Johnson.
“I would like to thank the Board of Directors for their confidence.
I am excited to get to work with our excellent team and look
forward to meeting and engaging with our stakeholders in the coming
days and weeks.”
During Ms. Gougarty’s tenure as CEO she successfully led the
integration of the merger of Westport Innovations Inc. and Fuel
Systems Solutions, Inc. into the combined Westport Fuel Systems
Inc., led the commercial launch of HPDI 2.0™, and improved the
company’s operations.
“The Board of Directors would like to thank Nancy for her years
of service and dedication to Westport Fuel Systems,” added Ms.
Eprile.
“I am proud of the work we have accomplished together at
Westport and am grateful to have had the opportunity to lead such
an innovative organization. The company is in capable hands and I
am confident that it will continue to lead the sector as it goes
from success to success,” said Ms. Gougarty.
In addition to his role as Chief Executive Officer, Mr. Johnson
will join the Westport Fuel Systems’ Board of Directors.
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 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 brands. At
Westport Fuel Systems, we think ahead. For more information, visit
www.wfsinc.com.
Investor Inquiries: Shawn SeversonInvestor
RelationsWestport Fuel SystemsT: +1
604-718-2046invest@wfsinc.com
Westport Fuel Systems (NASDAQ:WPRT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Westport Fuel Systems (NASDAQ:WPRT)
Historical Stock Chart
From Sep 2023 to Sep 2024