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Westport Announces Resignation of David Johnson, Chief Executive Officer, and Names Interim CEO
Westport Announces Resignation of David Johnson, Chief Executive Officer, and Names Interim CEO ...
About this update from Westport Fuel Systems, Inc.
[{"type":"text","content":"\n \n \n \n Westport Announces Resignation of David Johnson, Chief Executive Officer, and Names Interim CEO\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Aug. 21, 2023\n \n \n /CNW/ - Westport Fuel Systems Inc. (TSX: WPRT) (Nasdaq: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, announced today that\n \n David Johnson\n \n , Chief Executive Officer has decided to step down as chief executive officer and will resign from the Board, effective immediately.\n \n Tony Guglielmin\n \n , who serves on the\n \n Westport\n \n Board and as Chair of the Audit Committee, will act as interim CEO until such time that a replacement is identified.\n \n Bill Larkin\n \n , our chief financial officer and\n \n Lance Follett\n \n , our chief legal officer will both be taking on expanded roles during the transition period.\n \n \n \n \n \n \n \n \n \n Mr. Johnson joined\n \n Westport\n \n in 2019 and during his tenure was charged with advancing the strategic focus of the company, including expansion of alternative fuel usage in transportation, including hydrogen. In addition to leading the company through the challenges of the pandemic, he led the growth of the HPDI 2.0 and LPG businesses, brought the H\n \n 2\n \n HPDI fuel system from an idea to reality with demonstrator trucks on the road today as well as introduced multiple H\n \n 2\n \n HPDI programs currently in various stages of testing and development.  This outstanding progress led to the recently announced letter of intent to enter a joint venture with Volvo to further accelerate the adoption of\n \n Westport's\n \n HPDI fuel system.\n \n \n \"On behalf of the Board, I would like to thank David for the progress and results\n \n Westport\n \n has achieved under his leadership, and wish him all the best in the future,\" said\n \n Dan Hancock\n \n , Board Chair of Westport Fuel Systems. \"I have the utmost confidence in the future of\n \n Westport\n \n , and we remain focused on c...