Ocean Power Technologies Management
Management criteria checks 2/4
Ocean Power Technologies' CEO is Philipp Stratmann, appointed in Jun 2021, has a tenure of 4.58 years. total yearly compensation is $5.95M, comprised of 6.3% salary and 93.7% bonuses, including company stock and options. directly owns 0.74% of the company’s shares, worth $666.94K. The average tenure of the management team and the board of directors is 2.5 years and 4.8 years respectively.
Key information
Philipp Stratmann
Chief executive officer
US$6.0m
Total compensation
| CEO salary percentage | 6.29% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.7% |
| Management average tenure | 2.5yrs |
| Board average tenure | 4.8yrs |
Recent management updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2025 | n/a | n/a | -US$31m |
| Jul 31 2025 | n/a | n/a | -US$24m |
| Apr 30 2025 | US$6m | US$374k | -US$22m |
| Jan 31 2025 | n/a | n/a | -US$22m |
| Oct 31 2024 | n/a | n/a | -US$22m |
| Jul 31 2024 | n/a | n/a | -US$25m |
| Apr 30 2024 | US$859k | US$373k | -US$27m |
| Jan 31 2024 | n/a | n/a | -US$30m |
| Oct 31 2023 | n/a | n/a | -US$30m |
| Jul 31 2023 | n/a | n/a | -US$28m |
| Apr 30 2023 | US$868k | US$360k | -US$26m |
| Jan 31 2023 | n/a | n/a | -US$22m |
| Oct 31 2022 | n/a | n/a | -US$21m |
| Jul 31 2022 | n/a | n/a | -US$22m |
| Apr 30 2022 | US$968k | US$345k | -US$19m |
| Jan 31 2022 | n/a | n/a | -US$19m |
| Oct 31 2021 | n/a | n/a | -US$17m |
| Jul 31 2021 | n/a | n/a | -US$14m |
| Apr 30 2021 | US$340k | US$240k | -US$15m |
Compensation vs Market: Philipp's total compensation ($USD5.95M) is above average for companies of similar size in the US market ($USD572.23K).
Compensation vs Earnings: Philipp's compensation has increased whilst the company is unprofitable.
CEO
Philipp Stratmann (46 yo)
Dr. Philipp Stratmann, Eng D., is Chief Executive Officer, President & Director of Ocean Power Technologies, Inc. from June 18, 2021. He joined Ocean Power Technologies, Inc in December 2019.He served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.6yrs | US$5.95m | 0.74% $ 666.9k | |
| Senior VP | 4.1yrs | US$2.80m | 0.39% $ 355.8k | |
| Senior VP | 1yr | US$2.94m | 0.29% $ 262.8k | |
| Senior Vice President of Commercial Sales | less than a year | no data | no data |
Experienced Management: OPTT's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.6yrs | US$5.95m | 0.74% $ 666.9k | |
| Independent Director | 5.1yrs | US$1.01m | 0.68% $ 617.2k | |
| Independent Chairman of the Board | 13.3yrs | US$1.54m | 1% $ 909.1k | |
| Independent Director | 5.1yrs | US$642.50k | 0.50% $ 456.5k | |
| Independent Director | 5.1yrs | US$697.28k | 0.54% $ 489.1k | |
| Member of Advisory Board | 1yr | no data | no data | |
| Member of Advisory Board | 1yr | US$164.34k | 0% $ 0 | |
| Member of Advisory Board | 1yr | no data | no data |
Experienced Board: OPTT's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/25 20:40 |
| End of Day Share Price | 2026/01/23 00:00 |
| Earnings | 2025/10/31 |
| Annual Earnings | 2025/04/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ocean Power Technologies, Inc. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amit Dayal | H.C. Wainwright & Co. |
| Glenn Mattson | Ladenburg Thalmann & Company |
| Justin Cable | Seaport Research Partners |