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Westport Fuel Systems Inc. (WPRT)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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5.93-0.02 (-0.34%)
At close: 04:00PM EDT
5.92 -0.01 (-0.17%)
After hours: 07:49PM EDT

Westport Fuel Systems Inc.

1691 West 75th Avenue
Vancouver, BC V6P 6G2
Canada
604 718 2000
https://wfsinc.com

Sector(s)Consumer Cyclical
IndustryAuto Parts
Full-time employees1,715

Key executives

NameTitlePayExercisedYear born
Mr. William Edward LarkinChief Financial Officer629.03kN/A1970
Mr. Lance Garner FollettChief Legal Officer & Executive VP of Corporate Development386.83kN/AN/A
Mr. Bart van AerleExecutive Vice President of IAM & LD OEM373.75kN/A1973
Mr. Daniel SceliCEO & DirectorN/AN/A1963
Ms. Ashley NuellSenior Director of Investor RelationsN/AN/AN/A
Mr. Frank Luigi SpinielloVice-President Finance OperationsN/AN/AN/A
Jeremy ChanAssociate General Counsel & Corporate SecretaryN/AN/AN/A
Mr. Maurizio GrandoExecutive Vice President of Applied Technologies GroupN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally. The company operates through two segments, Original Equipment Manufacturers and Independent Aftermarket. It offers alternative fuel systems and components, such as liquefied petroleum gas (LPG), compressed natural gas (CNG), liquefied natural gas (LNG), renewable natural gas or biomethane, and hydrogen; and pressure regulators, injectors, electronic control units, valves and filters, complete bi-fuel, mono-fuel and dual-fuel LPG and natural gas conversion kits and high-pressure hydrogen components. The company provides Westport's LNG high pressure direct injection 2.0 fuel system and bi-fuel products; offers turnkey solutions covering all process phases, including prototyping, development, calibration, validation, homologation, vehicle conversion and logistic services, as well as systems for diesel-powered vehicles; and supplies hydrogen fuel system components for light, medium, and heavy-duty applications. It offers its products under the AFS, BRC, Emer, GFI, HPDI, Stako, Prins, Zavoli, OMVL, TA Gas Technology, Vialle, and Valtek brands. The company was formerly known as Westport Innovations Inc. and changed its name to Westport Fuel Systems Inc. in June 2016. Westport Fuel Systems Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada.

Corporate governance

Westport Fuel Systems Inc.’s ISS governance QualityScore as of 1 June 2024 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 2; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.