News release via Canada NewsWire, Vancouver 604-669-7764
Attention Business Editors:
Westport Files Management Information Circular for Annual General and
Special Meeting of Shareholders
VANCOUVER, June 21 /CNW/ - Westport Innovations Inc.
(TSX:WPT/NASDAQ:WPRT), a global leader in alternative fuel, low-emissions
transportation technologies, announced that it has filed its Management
Information Circular for the Company's upcoming Annual and Special General
Meeting (AGM) for shareholders to be held on July 15, 2010. In connection with
the AGM, Westport proposes to reduce the size of the Board of Directors from
10 members to 8. Current directors, Henry F. "Barney" Bauermeister, J. Michael
Gallagher, and Andrew J. Littlefair, will not stand for re-election and have
resigned from the Board of Directors. Mr. Gottfried "Guff" Muench is proposed
for nomination as a new director whose appointment is subject to approval by
shareholders at the upcoming AGM.
"I appreciate the commitment and passion for our industry that Barney,
Mike and Andrew demonstrated as members of our board," said David Demers, CEO
of Westport Innovations. "Each of the three members stepping down has made
significant contributions in helping build Westport through their years of
service on the Board."
"Included in the board change is the nomination of Guff Muench as our new
board member. Guff has a strong history in the natural gas transport industry
serving as the first president of Cummins Westport in 2001. His career
experience and success at Cummins and as one of the leading Cummins
distributors will be of great assistance to the Board as we accelerate the
growth of our Heavy Duty business."
Mr. Muench obtained a Masters of Business Administration degree from the
University of Western Ontario, and from 1981 to 2010, Mr. Muench held various
senior positions within Cummins Inc., including Canadian General Sales
Manager-Parts in Oakville, Ontario, and Vice-President,