Ocean Power Technologies appointed Rear Admiral Joseph A. “Digger” DiGuardo Jr. as Acting Chairman, effective July 21, 2026, following Terence J. Cryan’s immediate retirement from the board on July 20, 2026.
| IndividualRear Admiral Joseph A. “Digger” DiGuardo Jr.Terence J. Cryan | RoleActing Chairman; Board member; Member, Quality Health and Safety CommitteeChairman of the Board (retiring director) | Type of ChangeAppointedResigned/Retired | Effective DateJuly 21, 2026July 20, 2026 | ReasonNot disclosedRetirement; not due to disagreement with management or the Company | Replacement InfoAppointed Acting Chairman following Cryan's retirementReplaced by appointment of Mr. DiGuardo as Acting Chairman | Background DetailsRetired U.S. Navy Rear Admiral with 30+ years in national security, led Navy Expeditionary Combat Command (20,000 personnel, $2.1B budget); Principal of DiggerWorks Consulting; Executive Director at NNSS; fellow and academic roles.Served 14 years as Chairman of the Board and director. | Board/Committee Role ChangesWill serve on Quality Health and Safety CommitteeNot disclosed |
Original SEC Filing:
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