Business
Westport Fuel Systems Announces New CEO
Westport Fuel Systems Announces New CEO Westport Fuel Systems Announces New CEO ...
About this update from Westport Fuel Systems, Inc.
[{"type":"text","content":"\n\n\n\nWestport Fuel Systems Announces New CEO\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nWestport Fuel Systems Announces New CEO\nCanada NewsWire\nVANCOUVER, July 22, 2016\n\n\n\n ~ Nancy Gougarty to lead global alternative fuel company ~\n\n\n\nVANCOUVER, July 22, 2016 /CNW/ - The Westport Fuel Systems Inc. (\"Westport\") (TSX:WPT / Nasdaq:WPRT) Board of Directors is delighted to announce the appointment of Nancy S. Gougarty as Chief Executive Officer (\"CEO\") effective immediately. David R. Demers, Westport's current CEO, is retiring from the company but will be available to the leadership team in an advisory role through a transition period.\n\nMs. Gougarty has a long and distinguished career spanning nearly three decades in the transportation-equipment industry that includes senior automotive executive roles with several large automakers and auto-parts companies. She has served as President and Chief Operating Officer of Westport since July of 2013. Before this appointment, Ms. Gougarty was on the Board of Westport from February of 2013 to July of 2013.  \n\n\"Nancy has proven her ability to work through complex development projects with major global original equipment manufacturers (\"OEMs\") with a clear sense of what drives profits,\" said Dr. Warren J. Baker, Chairman of the Westport Board. \"Her most recent collaborative efforts leading the integration teams following the merger with Fuel Systems Solutions, Inc. highlighted her skill in managing diverse groups across Europe, Asia & North America while stewarding key relationships with suppliers and joint venture partners. She is clearly the right person to lead our newly combined global company going forward.\"\n\n\"Nancy has the full support of the Board to fulfill her vision for the newly combined company and we are confident in her ability to unite our organization and lead it forward,\" stated Mariano Costamagna, Board Director and former CEO of Fuel Systems Solutions, Inc.\n\n\"I have had the privilege to witness the vision and leadership of both D...