Cespira Welcomes Carlos Gonzalez as New CEO to Drive Growth

Cespira Appoints Carlos Gonzalez as President and CEO

Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) has made a significant move by appointing Carlos Gonzalez as the new President and CEO of its joint venture, Cespira. This appointment signals a strategic shift in leadership effective April 1, 2025, aiming to steer the joint venture towards greater achievements in the future. Carlos takes over the role from Dan Sceli, who served as interim CEO after the joint venture was established in June 2024.

Leadership Commitment to Sustainability

Dan Sceli, the CEO of Westport Fuel Systems, expressed enthusiasm about Carlos joining the team, emphasizing his outstanding leadership capabilities and a robust history in business development within the automotive sector. Carlos's focus on innovation and sustainability directly aligns with Westport's goal of revolutionizing transportation technologies to reduce carbon outputs in tough-to-decarbonize areas.

Excitement for Future Innovations

Carlos shared his eagerness to contribute to Cespira's mission to innovate the transportation sector with cost-effective and sustainable technology designed for heavy-duty applications. His commitment to enhancing customer experience and operational efficiency will guide the company's efforts in satisfying the shifting demands of the industry.

A Wealth of Experience in Automotive Industry

The new CEO brings over 24 years of substantial experience in both the automotive and commercial vehicle industries, with a solid track record primarily in Europe. Carlos’s most recent role was as Vice President at ZF Group, where he focused on key accounts for the TRATON Group. His extensive background also includes significant positions at General Dynamics ELS, Continental AG, and Lear Corporation.

Educational Foundations

Carlos holds engineering degrees from the Universitat Rovira i Virgili in Spain and the Universidad Europea de Madrid, coupled with an MBA from Duke University. His academic credentials are complemented by executive training at renowned institutions such as Insead Business School and IESE Business School.

About Westport Fuel Systems

Westport Fuel Systems stands at the forefront of innovation for a cleaner tomorrow, positioning itself as a key player in supplying advanced fuel delivery systems for low-carbon fuels like natural gas, renewable natural gas, propane, and hydrogen. The company's technologies are crucial in meeting the fuel efficiency and performance standards of modern transportation while addressing vital environmental issues such as climate change and air quality.

Global Operations and Commitment

With headquarters in Vancouver, Canada, and operational reach across North America, South America, Europe, and Asia, Westport Fuel Systems serves an extensive clientele in more than 70 countries, supporting leading global transportation brands. Their commitment to forward-thinking solutions empowers their vision for sustainable transportation.

Investor Inquiries

For further information regarding investment opportunities with Westport Fuel Systems, please contact the Investor Relations team at:

Phone: +1 604-718-2046
Email: invest@wfsinc.com

Frequently Asked Questions

Who is Carlos Gonzalez?

Carlos Gonzalez is the newly appointed President and CEO of Cespira, with a wealth of experience in the automotive and commercial vehicle industries.

Why is the appointment of Carlos Gonzalez significant?

His leadership is expected to drive growth and innovation in Cespira, particularly in sustainable technologies for heavy-duty applications.

What is Cespira’s mission?

Cespira aims to decarbonize the transportation industry through the development of cost-efficient and innovative technologies.

Where is Westport Fuel Systems headquartered?

Westport Fuel Systems is headquartered in Vancouver, Canada, and operates globally across multiple continents.

How can I contact Westport for investment inquiries?

You can contact the Investor Relations team via phone at +1 604-718-2046 or email at invest@wfsinc.com.

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