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Ocean Power Technologies CEO Stratmann steps down, Pagliara named acting CEO and president

PUBT·09/14/2026 12:55:29
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Ocean Power Technologies CEO Stratmann steps down, Pagliara named acting CEO and president
  • Ocean Power Technologies reshuffled leadership effective Sept. 14, 2026 to accelerate commercial execution, backlog conversion, customer delivery.
  • Philipp Stratmann stepped down as president, CEO, board member; remains available during a transition period.
  • Tracy Pagliara named acting CEO, president, board member; previously served six years as CEO of a public company; is a CPA.
  • Jason Weed appointed COO with oversight of commercial sales, operations, technology; previously senior vice president, commercial sales.
  • Weed previously served as a U.S. Navy captain, including command of the Navy’s Unmanned Undersea Vehicle Squadron.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ocean Power Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609140855PRIMZONEFULLFEED9825926) on September 14, 2026, and is solely responsible for the information contained therein.