StockWatch
·
Industrial Machinery/Components
AuditorJul 15, 2026, 05:11 PM

Westport Fuel Systems Appoints Deloitte as New Auditor

AI Summary

Westport Fuel Systems Inc. announced a change in its certifying accountant. KPMG LLP declined to stand for reappointment, effective May 7, 2026. Subsequently, Deloitte LLP was appointed as the new independent registered public accounting firm on May 8, 2026, a decision approved by the Audit Committee and Board of Directors. Shareholders formally approved Deloitte's appointment for the 2026 fiscal year on June 30, 2026. The company confirmed there were no disagreements or adverse opinions with KPMG during the past two fiscal years.

Key Highlights

  • KPMG LLP declined to stand for reappointment as Westport's independent auditor on May 7, 2026.
  • Deloitte LLP was appointed as the new independent auditor on May 8, 2026.
  • Westport's Audit Committee and Board of Directors approved Deloitte's appointment.
  • Shareholders approved Deloitte's appointment for the 2026 fiscal year on June 30, 2026.
  • KPMG's reports for 2024 and 2025 contained no adverse opinions or disclaimers.
  • No disagreements or reportable events occurred between Westport and KPMG.
  • No prior consultations with Deloitte regarding accounting principles or audit opinions.