Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
August 22 2023 - 7:01AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
6-K
REPORT OF FOREIGN PRIVATE
ISSUER PURSUANT
TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of August 2023
Commission File Number: 001-34152
Westport
Fuel Systems Inc.
(Translation of registrant's name into English)
1691 West 75th Avenue, Vancouver,
British Columbia, Canada, V6P 6P2
(Address of principal executive office)
Indicate by check mark whether the registrant files
or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
On August 8, 2023, the Registrant issued a press
release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Exhibit
99.1 - Press release dated August 22, 2023
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Westport Fuel Systems Inc. |
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(Registrant) |
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Date: August 22, 2023 |
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/s/ William Larkin |
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William Larkin |
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Chief Financial Officer |
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Exhibit 99.1
Westport Announces Resignation of David Johnson,
Chief Executive Officer, and Names Interim CEO
VANCOUVER, BC, Aug. 22, 2023 /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 David Johnson, Chief Executive Officer has decided to step down as chief executive officer and will resign
from the Board, effective immediately. Tony Guglielmin, who serves on the Westport Board and as Chair of the Audit Committee, will act
as interim CEO until such time that a replacement is identified. Bill Larkin, our chief financial officer and Lance Follett, our chief
legal officer will both be taking on expanded roles during the transition period.
Mr. Johnson joined Westport 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 H2 HPDI fuel system from an idea to reality with demonstrator trucks on the road today as well as introduced
multiple H2 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 Westport's HPDI fuel system.
"On behalf of the Board, I would like to thank
David for the progress and results Westport has achieved under his leadership, and wish him all the best in the future," said Dan
Hancock, Board Chair of Westport Fuel Systems. "I have the utmost confidence in the future of Westport, and we remain focused on
creating a better world through innovative energy solutions. As we transition to Tony's leadership, our priorities remain unchanged, and
our team remains dedicated."
"I am grateful to have been given the opportunity
to lead Westport and it has been a privilege to work with such a talented and innovative team. I am proud of the work we have accomplished
together," said Mr. Johnson. "I truly believe in Westport's vision and with the continued development of the H2 HPDI
fuel system and the recently announced joint venture with Volvo, Westport is poised to dramatically advance transportation globally for
the better. I will watch with interest as the team continues to meet its ambitious and important goals over the coming months and
years."
Westport's Board has formed a search committee to
conduct and oversee a search for the company's next CEO. In the interim, Westport will maintain its course in executing our strategy,
overseen by Tony Guglielmin, a seasoned cleantech executive and long-time director of Westport.
About Westport Fuel Systems
At Westport Fuel Systems, we are driving innovation
to power a cleaner tomorrow. We are 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 transportation industry. Our technology delivers the performance
and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality
challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America, and South America, we serve our customers
in more than 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit
www.wfsinc.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/westport-announces-resignation-of-david-johnson-chief-executive-officer-and-names-interim-ceo-301906206.html
SOURCE Westport Fuel Systems Inc.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2023/22/c6058.html
%CIK: 0001370416
For further information: Contacts: Westport Investor Relations, T:
+1 604-718-2046, E: invest@wfsinc.com; Westport Media Relations, T: +1 947-339-8097, E: media@wfsinc.com
CO: Westport Fuel Systems Inc.
CNW 06:30e 22-AUG-23
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