Leadership

Tracy Pagliara serves as Acting Chief Executive Officer and President of Ocean Power Technologies and is a member of the Company’s Board of Directors. He brings extensive legal, compliance, financial and executive leadership experience with publicly traded companies across the industrial, power, energy and technology markets.

Tracy joined OPT in February 2024 and served as Acting General Counsel and Corporate Secretary before being appointed Senior Vice President, General Counsel and Corporate Secretary in January 2025.

Before joining OPT, Tracy served for six years as President and Chief Executive Officer of Williams Industrial Services Group, Inc., a publicly traded provider of construction and maintenance services to power, energy and industrial customers. He also held senior leadership and legal roles at Global Power Equipment Group, Inc. and Gardner Denver, Inc.

Tracy earned a Bachelor of Science in Accounting and a Juris Doctor from the University of Illinois. He is a Certified Public Accountant (inactive) and is admitted to practice law in Missouri and Illinois.

Vicky Hay serves as Acting Chief Financial Officer of Ocean Power Technologies, a position she assumed in October 2026. She brings extensive experience in financial management, strategic planning and operational efficiency across the financial services, private equity, automotive, marine robotics and oil and gas industries.

Vicky is the founder of Flexible Consulting, which provides interim executive and financial leadership to microcap public companies. Through Flexible Consulting, she served as Chief Financial Officer of ECD Automotive Design while it was publicly listed, and later as Chief Executive Officer, leading the company through its transition to private operations. She also served as Chief Executive Officer of Nauticus Robotics, a developer of autonomous subsea robots, where she guided the company through capital raises and operational restructuring.

Earlier in her career, Vicky held positions of increasing responsibility at Weatherford, where she led initiatives to strengthen financial reporting, streamline accounting processes and improve financial controls. Her international experience includes integrating acquisitions, moving accounting functions across regions and developing finance teams. Her expertise spans budgeting and forecasting, management reporting, regulatory compliance and corporate governance.

Vicky earned a Bachelor of Science with Honours in Biotechnology with Management from the University of Edinburgh. She is a Chartered Management Accountant, having qualified through the Chartered Institute of Management Accountants.

Jason Weed serves as Chief Operating Officer of Ocean Power Technologies, with responsibility for commercial sales, operations, technology and innovation. He brings more than 15 years of executive experience driving growth and innovation across maritime and technology-focused organizations. Since joining OPT as Senior Vice President of Commercial Sales, Jason has played a central role in building the Company’s commercial pipeline and backlog.

Before joining OPT, Jason served as Senior Business Developer and Capture Manager for Leidos’ Maritime Systems Division.

During his 34-year career in the U.S. Navy, Jason held several senior leadership positions, including Commodore of the Navy’s first Uncrewed Undersea Vehicle Squadron (UUVRON ONE), Director of Maritime Operations for Commander Submarine Group TWO, and Commanding Officer of the USS New Hampshire (SSN 778). His leadership advanced operational capabilities, introduced AI and machine learning technologies, and strengthened strategic planning across submarine and unmanned systems.

Jason earned a Bachelor of Science in Systems Engineering from the United States Naval Academy and a Master of Science in Engineering and Industrial Management from Old Dominion University.