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.

Robert Powers is OPT’s Senior Vice President and Chief Financial Officer, based in the company’s New Jersey headquarters. He joined OPT in December 2021 with more than 25 years of experience providing domestic and international leadership to entrepreneurial, privately owned, and founder-led companies, as well as SEC registrants and private equity backed companies.

Prior to OPT, Bob was CFO of Constellation Advisors, a private equity-owned provider of outsourced back-office operations and compliance services. He has held financial leadership roles with Sterling Talent Solutions, Wood Group PPS – a division of Wood Group, GTE, SABIC Innovative Plastics, and Plug Power . He has also provided financial consulting services to various companies.

Bob began his career at PricewaterhouseCoopers, LLP. He received a Bachelor of Science in Accounting degree from Fordham University and an MBA in Business Administration from Rensselaer Polytechnic Institute and he is a Certified Public Accountant.

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.