BNET Industries

Fuel Systems Solutions Inc.

(FSYS) is in the Auto Industry

Market Cap:$884.2M
Last Fiscal Year Sales:$220.8M
  • Public
  • US
Dow Jones Description

Fuel Systems Solutions, Inc. is the holding entity for BRC S.r.L., based in Cherasco, Italy, and IMPCO Technologies, based in Santa Ana, California. Both entities are engaged in designing, manufacturing, marketing and supplying advanced products and systems to enable internal combustion engines to run on clean burning gaseous fuels such as natural gas and propane. BRC is a recognized leader in the light duty and automobile alternative fuel sectors.

Chief Executive Officer & Board of Directors
Mariano Costamagna
Number of Employees 845
Contact Information

3030 South Susan Street

Santa Ana, California 92704-6435

www.fuelsystems...

(714) 656-1200

NAICS Code All Other Motor Vehicle Parts Manufacturing: 336399

Recent Events

  • Canaccord Adams Maintains a 'Buy' on Fuel Systems Solutions FSYS; Raises PT & Estimates

    11/06/09 - Bond / Stock Rating - View Story

  • Fuel Systems Rockets Higher: Wish We Had More Exposure

    11/05/09 - Merger / Acquisition - View Story

  • Technical formation leads to mixed investor sentiment for auto parts specialist

    11/10/09 - Financial Announcement - View Story

  • Canaccord Adams Lifts Price Target on Fuel Systems FSYS to $40

    10/01/09 - Bond / Stock Rating - View Story

  • Fuel Systems Solutions' Subsidiary IMPCO Receives Regulatory Approval for the 2010...

    9/29/09 - Merger / Acquisition - View Story

  • Fuel Systems Solutions Reports Second Quarter 2009 Results

    8/07/09 - Financial Announcement - View Story

  • Fuel Systems Solutions completes Teleflex buy

    8/05/09 - Merger / Acquisition - View Story

  • Fuel Systems Solutions completes acquisition of Teleflex Inc.'s Power Systems Business

    8/09/09 - Merger / Acquisition - View Story

  • Fuel Systems Solutions to Buy Teleflex Alt-Fuel Unit

    7/29/09 - Merger / Acquisition - View Story

  • United Rentals acquires Industrial Rental Company in Ohio

    8/01/09 - Merger / Acquisition - View Story

  • Fuel Systems Solutions Agrees to Acquire Teleflex Incorporated's Power Systems Business for $14.5 Million

    7/20/09 - Merger / Acquisition - View Story

News & Analysis

fuel systems solutions inc. and mark krieger - All News and Analysis

Decision Makers

Name (plus bio) Position
Bill Larkin Chief Accounting Officer & Corporate Controller
Thomas M. Costales Chief Financial Officer, Treasurer & Secretary
Matthew Beale Vice President, Business Development

Board of Directors

Name (plus bio) Position
Mariano Costamagna Chief Executive Officer & Board of Directors
William J. Young Board of Directors

Organization Position Status
IMPCO Technologies, Inc. CEO Current
Fuel Systems Solutions Inc. Chief Executive Officer & Board of Directors Current
IMPCO Technologies, Inc. Board of Directors Current

Bill E. Larkin resigned as Chief Financial Officer in May 2009, will remain as a member of the management team and will assist with the transition of his former duties until July 2009. Mr. Larkin served as chief financial officer since May 2008 and corporate controller and chief accounting officer since November 2006. Prior to his positions at Fuel Systems, Mr. Larkin served as director of financial reporting at Standard Pacific Corp. from July 2003 to November 2006, where he was responsible for Securities and Exchange Commission reporting and Sarbanes Oxley Act Section 404 compliance. Prior to Standard Pacific, he served as an auditor at Deloitte & Touche LLP, based in Los Angeles, which he joined in 1997. He earned a Bachelor of Science degree in accounting from the University of Southern California and is a certified public accountant.

Organization Position Status
Fuel Systems Solutions Inc. Chief Accounting Officer & Corporate Controller Current

Organization Position Status
Fuel Systems Solutions Inc. Chief Financial Officer, Treasurer & Secretary Current
IMPCO Technologies, Inc. CFO, Treasurer & Secretary Former

Matthew Beale became president and secretary in May 2008 and assumed the chief financial officer responsibilities in May 2009, after serving as vice president of business development since February 2007. Prior to joining Fuel Systems, Mr. Beale served as managing director for CVS Partners, a corporate advisory firm focused on mergers, acquisitions and financings, based in Milan and London, starting in 2005. From 2000 to 2004, he served as vice president in the Milan office of Citigroup, providing corporate finance advisory services for private bank clients. Previously, his career included mergers and acquisitions and acquisition finance positions with JP Morgan in Milan and London. He earned a Bachelor of Arts degree in English from London University and a diploma in accounting and finance from the London School of Economics, as well as a Master of Business Administration from Instituto de Estudios Superiores de la Empresa (IESE), Barcelona, Spain. His foreign language proficiency includes Italian and Spanish.

Organization Position Status
Fuel Systems Solutions Inc. Vice President, Business Development Current

Organization Position Status
Lithia Motors, Inc. Board of Directors Current
Fuel Systems Solutions Inc. Board of Directors Current
Volkswagen of America, Inc. President and Chief Executive Officer Former
J.D. Power and Associates Executive Director Former

Executive News

  • Fuel Systems Solutions to Present at Upcoming Conferences in September

    Reuters - 9/01/09 - View Story

advertisement
     FSYS $50.28 -0.45 (-0.89% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 515,592
Shares Outstanding 17.59M
Market Cap 884.3M
Year High 52.53
Year Low 9.83
Earnings Per Share 1.82
P/E Ratio 27.63
Dividend N/A
Yield N/A
IndustryTop Rated

Brought to you by CBS MoneyWatch.com

advertisement
Click Here