Westport Fuel systems Inc (TSE:WPRT) (NASDAQ:WPRT) (FRA:WPIA) announced the appointment of Tony Guglielmin to the company’s board of directors, effective January 7, 2021.
Westport noted that Guglielmin has a strong financial background and extensive industry experience, most recently as Senior Vice-President and Chief Financial Officer of Ballard Power Systems Inc.(NASDAQ:BLDP) (TSE:BLDP) (FRA:PO0).
Adds to exceptional caliber of talent
“We are pleased to welcome Mr. Guglielmin to the Board of Directors at Westport,” Westport Fuel Systems Chairman Daniel Hancock said in a statement.
He added: “He brings deep expertise in alternative fuels and clean technology solutions for the transportation sector and shares our commitment to decarbonizing mobility applications. Additionally, his expertise with respect to governance, finance and strategy are welcome additions to the exceptional caliber of talent represented by all of the company’s Board members.”
Westport said Guglielmin has also held senior management roles at Finning International Inc, BC Hydro, and The Bank of Nova Scotia, and currently serves on the Board and is Chair of the Audit Committee of Information Services Corporation (TSE:ISV), as well as a number of private and not-for-profit entities.
Vancouver-based Westport Fuel Systems is a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global automotive industry.
Westport’s technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges.
The company has operations in Europe, Asia, North America and South America, serving customers in more than 70 countries.
Shares of Westport Fuel Systems have soared more than 103% over the past 52 weeks to its current price of $6.98.
Contact Sean at sean@proactiveinvestors.com