---
title: "Ocean Power Technologies names Tracy Pagliara acting CEO as Philipp Stratmann steps down"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/299360120.md"
description: "Ocean Power Technologies announced a leadership reshuffle effective Sept. 14, 2026, to accelerate commercial execution. Philipp Stratmann stepped down as CEO and board member. Tracy Pagliara was named acting CEO, president, and board member, bringing prior public company CEO experience. Jason Weed was appointed COO, overseeing commercial sales, operations, technology, and innovation."
datetime: "2026-09-17T20:07:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/299360120.md)
  - [en](https://longbridge.com/en/news/299360120.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/299360120.md)
generator: "portal-rs"
---

# Ocean Power Technologies names Tracy Pagliara acting CEO as Philipp Stratmann steps down

-   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; will support 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 responsibility for commercial sales, operations, technology, innovation; previously SVP, Commercial Sales; former U.S. Navy captain. 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-043115), on September 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**