Westport Fuel Systems Inc. (WPRT.TO)

1.5900 +0.0300 (+1.92%) At close: 04:00PM EDT

Westport Fuel Systems Inc.

1750 West 75th Avenue
Suite 101
Vancouver, BC V6P 6G2
Canada

https://wfsinc.com

Sector(s): Consumer Cyclical
Industry: Auto Parts
Full Time Employees: 1,797

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. David M. Johnson	CEO & Director	904.75k	N/A	1967
Mr. Richard J. Orazietti	Chief Financial Officer	446.51k	N/A	1969
Mr. Nicola Cosciani	Exec. VP of Global Operations	429.3k	N/A	N/A
Mr. Lance Garner Follett	Chief Legal Officer & Exec. VP	327.22k	N/A	N/A
Mr. Bart van Aerle	VP of Product & Bus. Strategy	353.36k	N/A	1973
Mr. Marco Seimandi	VP of Sales & Marketing	N/A	N/A	1966
Mr. Solomon Samuel	VP of Global HR	N/A	N/A	N/A
Dr. Melih Ogmen	Chief Technology Officer of Applied Technologies	N/A	N/A	N/A
Mr. Tim Smith	Exec. VP & Chief of Staff	N/A	N/A	N/A
Mr. Frank Luigi Spiniello	Vice-Pres Fin. Operations	N/A	N/A	N/A

Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications worldwide. 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, renewable natural gas, and hydrogen; and independent aftermarket, light and heavy-duty original equipment manufacturers (OEMs) and delayed OEMs, electronics, hydrogen, and fuel storage activities. The company also provides Westport High Pressure Direct Injection 2.0, a fully integrated 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 diesel engines, which reduces greenhouse gas emissions. Its products and services are used for passenger cars; light-, medium-, and heavy-duty trucks; and cryogenics and hydrogen applications under the Cummins Westport, BRC Gas Equipment, Westport, OMVL, Prins, GFi Control systems, Emer, Zavoli, TA Gas Technology, Valtek, and AFS 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 May 1, 2022 is 2. The pillar scores are Audit: 10; Board: 1; 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 a 10 indicates higher governance risk.