Ocean Power Technologies | Leadership

Philipp Stratmann, Eng.D.

President, Chief Executive Officer

Dr. Philipp Stratmann is OPT's President and Chief Executive Officer, based in the company's New Jersey headquarters. Philipp joined OPT in December 2019 as Vice President, Global Business Development, bringing with him broad energy industry experience from oil and gas to renewables, both offshore and onshore.

Prior to OPT, Philipp was Vice President, Biofuels, for Velocys, which he joined in 2015 as Business Development Director. He previously served as General Manager Global Development and West Africa for InterMoor and has held leadership positions with Acteon Group and Ernst & Young, in addition to experience with VT Group and Shell.

Philipp is a graduate of the United Kingdom’s University of Southampton, where he received his Engineering Doctorate and his Master of Engineering degree in Ship Science.

Robert P. Powers, CPA

Senior Vice President, Chief Financial Officer

Robert (“Bob”) Powers serves as Senior Vice President and Chief Financial Officer (CFO) at Ocean Power Technologies, Inc. (OPT), headquartered in New Jersey. He joined the company in December 2021, bringing over 25 years of financial leadership across diverse industries, including entrepreneurial ventures, privately held businesses, founder-led enterprises, SEC-regulated companies, and private equity-backed organizations.

Bob's career reflects a proven ability to optimize financial operations, drive strategic growth, and enhance profitability in both domestic and international markets. Before joining OPT, he was the CFO of Constellation Advisors, a private equity-owned provider of outsourced back-office operations and compliance services. His leadership experience also spans key financial roles at Sterling Talent Solutions, Wood Group PPS (a division of Wood Group), GTE, SABIC Innovative Plastics, and Plug Power. Additionally, Bob has advised numerous companies as a financial consultant, helping them navigate complex financial landscapes and business transformations.

He began his professional journey at PricewaterhouseCoopers, LLP, where he developed a strong foundation in accounting and financial management. Bob holds a Bachelor of Science in Accounting from Fordham University and an MBA from Rensselaer Polytechnic Institute. He is also a Certified Public Accountant (CPA), reinforcing his expertise in regulatory compliance and financial stewardship.

Bob’s extensive experience, combined with his strategic mindset, positions him as a key contributor to OPT’s mission of delivering innovative offshore power solutions while maintaining financial discipline and sustainable growth.

Matthew Burdyny

Vice President, Global Sales & Marketing

Matthew Burdyny is OPT’s Vice President, Global Sales & Marketing. Matt joined OPT in March 2022 after 13 years with Teledyne Marine, a segment of Teledyne Technologies, bringing strong experience in sales, business development, marketing, and product development.

Most recently Matt was Vice President, Strategy & Business Development at Teledyne Marine, a group of leading-edge undersea technology companies, where he drove segment growth, defining key market opportunities and acquisitions, while leading a sales organization.

Matt received a Bachelor of Mechanical Engineering degree from University of Victoria and a Master’s degree in Management from Harvard University.