Westport Appoints Douglas King to Board of Directors
VANCOUVER, Jan. 4, 2012 /PRNewswire/ – Westport Innovations Inc.
(TSX:WPT/NASDAQ:WPRT), the global leader in natural gas engines, today
announced that Mr. Douglas King has been appointed to the company’s
Board of Directors, effective January 1, 2012. The appointment of Mr.
King increases the number of directors from eight to nine.
Mr. King is a Certified Public Accountant with significant experience in
the accounting industry, including over 30 years of auditing experience
at Ernst & Young LLP where he served in various capacities in multiple
offices. Mr. King served as the managing partner at the San Francisco
office of Ernst & Young LLP from 1998 to 2002. Currently, Mr. King is a
member of the Board of Directors, Chairman of the Audit Committee, and
member of the Nominating and Corporate Governance Committee at Silicon
Graphics International Corp. (NASDAQ:SGI); member of the Board of
Directors, Chairman of the Audit Committee, and member of the Executive
Compensation and Finance Committees at SJW Corp. (NYSE:SJW); and a
member of the Board of Directors of the private company Adaptive
Spectrum and Signal Alignment, Inc. Previously, Mr. King was a member
of the Board of Directors, Chairman of the Audit Committee, and member
of the Nominating and Corporate Committee at Fuel Systems Solutions
(NASDAQ:FSYS) from April 2006 until July 2010 and a member of the Board
of Directors, Chairman of the Audit Committee and member of Executive
Compensation and Special Committees of Marvell Technology Group
(NASDAQ:MRVL) from April 2004 until October 2007. Mr. King has a
Bachelor of Science from the University of Wisconsin (Madison) and an
MBA from the University of Arkansas.
“The appointment of Mr. King to the Board highlights the company’s
commitment to strong corporate governance and financial oversight,”
said David Demers, CEO of Westport Innovations. “Doug’s extensive
experience in finance, accounting and public company audits, combined
with his experience in the technology and alternative fuel industries,
will be an asset to our Board and its committees. We are pleased that
Doug has agreed to serve and look forward to benefiting from his
expertise and guidance.”
About Westport Innovations Inc.
Westport Innovations Inc. is a global leader in alternative fuel,
low-emissions technologies that allow engines to operate on
clean-burning fuels such as compressed natural gas (CNG), liquefied
natural gas (LNG), hydrogen, and renewable natural gas (RNG) fuels such
as landfill gas. Our unique technologies reduce nitrogen oxides (NOx),
particulate matter (PM), and greenhouse gas emissions (GHG). The
Company focuses on three distinct categories or target markets -
light-, medium-, and heavy-duty – through Westport business units or
joint ventures. Westport LD is focused on light-duty automotive
systems, components and engines, including 2.4L engines for industrial
applications such as forklifts and oilfield service. Cummins Westport
(CWI), a joint venture with Cummins, sells the world’s broadest range
of low-emissions alternative fuel engines for commercial urban fleets
such as buses, refuse trucks and vocational vehicles. Westport Heavy
Duty (Westport HD) is engaged in the engineering, design and marketing
of natural gas-enabling technology for the heavy-duty diesel engine and
truck market. Westport High Horsepower is engaged in the engineering,
design and marketing of natural gas-enabling technology for high
horsepower applications such as locomotive and mining. To learn more
about our business, visit our website or subscribe to our RSS feed at www.westport.com, or follow us on Twitter @WestportWPRT.
SOURCE Westport Innovations Inc.