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Westport Fuel Systems Inc. (WPRT)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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5.76-0.18 (-3.03%)
At close: 03:59PM EST
5.97 +0.21 (+3.65%)
After hours: 08:00PM EST

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 employees1,820

Key executives

NameTitlePayExercisedYear born
Mr. William Edward LarkinChief Financial Officer1.23MN/A1970
Mr. Lance Garner FollettChief Legal Officer & Executive VP348.76kN/AN/A
Mr. Daniel SceliCEO & DirectorN/AN/AN/A
Mr. Fabien RedonCTO & Executive VP of Product DevelopmentN/AN/AN/A
Ms. Ashley NuellSenior Director of Investor RelationsN/AN/AN/A
Mr. Bart van AerleExecutive Vice President of IAM & LD OEM353.36kN/A1973
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 2022, 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, the Americas, Asia, Africa, and internationally. The company operates through Original Equipment Manufacturer and Independent Aftermarket segments. It offers alternative fuel systems and components, which include a range of alternative fuels, such as liquefied petroleum gas, compressed natural gas, liquefied natural gas (LNG), renewable natural gas, and hydrogen; and engages in the light and heavy-duty original equipment manufacturers (OEMs) and delayed OEMs, electronics, and fuel storage activities. The company also provides Westport High Pressure Direct Injection 2.0, a fully integrated LNG fuel systems that enables diesel engines using primarily natural gas fuel to match the power, torque, and fuel economy benefits found in traditional compression ignition engines, which reduces greenhouse gas emissions. Its products and services are used for passenger cars; light-, medium-, and heavy-duty trucks, as well as off-road applications.; and cryogenics and hydrogen applications under the BRC Gas Equipment, Westport HPDI, OMVL, Prins, GFi Control systems, Emer, Zavoli, TA Gas Technology, Valtek, AFS, and STAKO 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 February 2024 is 2. The pillar scores are Audit: 2; Board: 4; Shareholder rights: 1; Compensation: 3.

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.