Ocean Power Technologies principal accounting officer departs; CFO assumes role

Ocean Power Technologies, Inc.

Joseph DiPietro, Corporate Controller, Treasurer and principal accounting officer, departed April 26, 2024.
CFO Robert Powers now also serves as principal accounting officer without changes to his terms.
Departure not due to any disagreement with the Company or its auditors.
Employment letter of Mr. DiPietro dated September 23, 2021 was terminated upon his departure.

item 1.02 item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Robert Powers

Chief Financial Officer

OPTT · Ocean Power Technologies, Inc.

Effective: 2024-04-26
Filed: April 26, 2024, 7:59 PM ET

Robert Powers, the Company’s Chief Financial Officer, will now also serve as principal accounting officer.

Departed

Joseph DiPietro

Corporate Controller, Treasurer and principal accounting officer

OPTT · Ocean Power Technologies, Inc.

Effective: 2024-04-26
Successor: Robert Powers
Filed: April 26, 2024, 7:59 PM ET

Effective April 26, 2024, Joseph DiPietro, the Company’s Corporate Controller, Treasurer and principal accounting officer, departed from the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Powers changed role as Chief Financial Officer at Ocean Power Technologies, Inc..

Action: will now also serve
Role: Chief Financial Officer

Exact text from the filing

Robert Powers, the Company’s Chief Financial Officer, will now also serve as principal accounting officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph DiPietro departed as Corporate Controller, Treasurer and principal accounting officer at Ocean Power Technologies, Inc..

Action: departed
Role: Corporate Controller, Treasurer and principal accounting officer

Exact text from the filing

Effective April 26, 2024, Joseph DiPietro, the Company’s Corporate Controller, Treasurer and principal accounting officer, departed from the Company.

View on SEC.gov

Ocean Power Technologies, Inc. filing history →

Source: SEC EDGAR

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