Westport Announces the Resignation of Chief Financial Officer William Larkin and Appoints Elizabeth Owens as Successor
Westport Fuel Systems (NASDAQ:WPRT) announced the immediate resignation of CFO William Larkin and appointed Elizabeth Owens as his successor. Larkin will remain in an advisory capacity through September 15, 2025, to ensure a smooth transition.
Elizabeth Owens, who has served as Vice President of Finance and Tax at Westport for the past 10 years, brings over 20 years of experience in management and leadership roles across automotive, telecommunications, aviation, and chemical manufacturing industries. She played a key role in several transformational initiatives, including establishing joint venture relationships with major OEMs.
Westport Fuel Systems (NASDAQ:WPRT) ha annunciato le dimissioni immediate del CFO William Larkin e la nomina di Elizabeth Owens come sua sostituta. Larkin rester脿 in veste di consulente fino al 15 settembre 2025 per garantire una transizione fluida.
Elizabeth Owens, che negli ultimi 10 anni 猫 stata Vice President of Finance and Tax di Westport, vanta oltre 20 anni di esperienza in ruoli dirigenziali nei settori automotive, telecomunicazioni, aviazione e produzione chimica. Ha partecipato attivamente a numerose iniziative trasformative, inclusa la creazione di joint venture con importanti OEM.
Westport Fuel Systems (NASDAQ:WPRT) anunci贸 la renuncia inmediata del CFO William Larkin y nombr贸 a Elizabeth Owens como su sucesora. Larkin permanecer谩 en calidad de asesor hasta el 15 de septiembre de 2025 para asegurar una transici贸n sin contratiempos.
Elizabeth Owens, que ha sido Vice President of Finance and Tax en Westport durante los 煤ltimos 10 a帽os, cuenta con m谩s de 20 a帽os de experiencia en puestos de gesti贸n y liderazgo en las industrias automotriz, telecomunicaciones, aviaci贸n y fabricaci贸n qu铆mica. Ha desempe帽ado un papel clave en varias iniciativas transformadoras, incluida la constituci贸n de joint ventures con importantes fabricantes de equipos originales (OEM).
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Westport Fuel Systems (NASDAQ:WPRT) a annonc茅 la d茅mission imm茅diate du directeur financier William Larkin et la nomination d'Elizabeth Owens comme sa rempla莽ante. Larkin restera en qualit茅 de conseiller jusqu'au 15 septembre 2025 afin d'assurer une transition en douceur.
Elizabeth Owens, qui occupe le poste de Vice President of Finance and Tax chez Westport depuis dix ans, apporte plus de 20 ans d'exp茅rience 脿 des postes de direction dans les secteurs de l'automobile, des t茅l茅communications, de l'aviation et de la chimie. Elle a jou茅 un r么le cl茅 dans plusieurs initiatives de transformation, notamment la mise en place de coentreprises avec de grands 茅quipementiers (OEM).
Westport Fuel Systems (NASDAQ:WPRT) gab den sofortigen R眉cktritt des CFO William Larkin bekannt und ernannte Elizabeth Owens zu seiner Nachfolgerin. Larkin wird bis zum 15. September 2025 in beratender Funktion verbleiben, um einen reibungslosen 脺bergang sicherzustellen.
Elizabeth Owens, die in den letzten 10 Jahren als Vice President of Finance and Tax bei Westport t盲tig war, verf眉gt 眉ber mehr als 20 Jahre Erfahrung in F眉hrungspositionen in den Branchen Automobil, Telekommunikation, Luftfahrt und Chemieproduktion. Sie spielte eine zentrale Rolle bei mehreren Transformationsprojekten, darunter der Aufbau von Joint-Venture-Beziehungen mit gro脽en OEMs.
- Appointment of experienced internal candidate with 10 years at Westport ensures continuity
- New CFO brings extensive M&A and joint venture experience
- Smooth transition period planned with outgoing CFO remaining as advisor
- Sudden departure of CFO who led recent major transformational initiatives
- Potential disruption in financial leadership during strategic transition period
VANCOUVER, British Columbia, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (鈥淲estport鈥� or the 鈥淐ompany鈥�) (TSX: WPRT / Nasdaq: WPRT) today announced the resignation of its Chief Financial Officer (CFO), William Larkin and the appointment of Elizabeth Owens as his successor. Mr. Larkin will step down in his capacity as CFO effective immediately and remain in an advisory capacity through September 15, 2025, to ensure a smooth transition and the seamless transfer of duties and responsibilities.
鈥淥n behalf of myself and the Board, I would like to thank Bill for his commitment and significant contributions to Westport,鈥� said Dan Sceli, Chief Executive Officer of Westport. 鈥淥ver his time at Westport, Bill has led the organization through a transformational period, including the recent sale of the Light-Duty segment and close of our HPDI joint venture, Cespira, helping to position the organization for long-term success. Bill has been a valuable member of our management team, and we wish him well in the future.鈥�
鈥淚 am incredibly proud of what we have accomplished over my time at Westport to reposition the company and support its long-term strategy. As I step down from my role, I am confident Elizabeth is the right finance leader to continue building on this momentum. With strong financial expertise and a proven track record within Westport, Elizabeth brings the experience and perspective Westport needs for its next chapter,鈥� said Bill Larkin.
Succeeding William Larkin is Elizabeth Owens, a seasoned finance executive with experience that spans a diverse set of multinational corporate environments in a range of large publicly held companies. Ms. Owens has been with Westport for 10 years, most recently as Vice President, Finance and Tax. Over the last 20 years, Ms. Owens has held management and leadership roles across various industries, including automotive, telecommunications, aviation, and chemical manufacturing. She brings extensive experience in leading global teams in tax, finance, and accounting, as well as broad experience in mergers, acquisitions and divestitures. She began her career as a CPA, CA with Deloitte and holds a Bachelor of Commerce with a major in Accounting from the University of British Columbia.
鈥淓lizabeth has been a key part of our finance team for 10 years. Her expertise was instrumental in the successful execution of a number of the Company鈥檚 transformational initiatives, including the establishment of our joint venture relationship with a major OEM. We look forward to supporting her as she takes on this expanded role,鈥� continued Dan Sceli.
About Westport Fuel Systems
Westport is a technology and innovation company connecting synergistic technologies to power a cleaner tomorrow. As a leading supplier of affordable, alternative fuel, low-emissions transportation technologies, we design, manufacture, and supply advanced components and systems that enable the transition from traditional fuels to cleaner energy solutions.
Our proven technologies support a wide range of clean fuels 鈥� including natural gas, renewable natural gas, and hydrogen 鈥� empowering OEMs and commercial transportation industries to meet performance demands, regulatory requirements, and climate targets in a cost-effective way. With decades of expertise and a commitment to engineering excellence, Westport is helping our partners achieve sustainability goals鈥攚ithout compromising performance or cost-efficiency 鈥� making clean, scalable transport solutions a reality.
Westport Fuel Systems is headquartered in Vancouver, Canada. For more information, visit .
For more information contact:
Investor Relations
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