Matthew Shafer is Chief Financial Officer, Principal Accounting Officer, Vice President - Finance, Treasurer of the Company, effective September 16, 2016. He previously served as a Vice President of Finance and Corporate Controller for CMF Associates from May 2015 to September 2016, where he led teams in providing finance solutions for small and middle-market high-growth organizations. Prior to that, beginning in 2013 he served as a Business Unit Chief Financial Officer at Valeant Pharmaceuticals International (NYSE: VRX), a large global publicly traded company that develops, manufactures, markets and sells specialty pharmaceuticals and medical devices. He held this Finance Leadership role for the Valeant Dentistry, Generics and Neurology business units, and had worked closely with commercial operations and corporate level teams on numerous product launches, sales force expansions, mergers and acquisitions, financial systems integrations, and internal controls. Mr. Shafer has a foundation in Public Accounting working at Arthur Andersen LLP at the beginning of his career, holds a Bachelor of Science in Accounting from The Stillman School of Business at Seton Hall University, an MBA in Finance from Rutgers Business School in New Brunswick, N.J. and is a Certified Public Accountant.
As the Chief Financial Officer, Principal Accounting Officer, Vice President - Finance oraz Treasurer of Ocean Power Technologies, the total compensation of Matthew Shafer at Ocean Power Technologies is $375,210. There are 1 executives at Ocean Power Technologies getting paid more, with George Kirby having the highest compensation of $779,875.
Matthew Shafer is 47, he's been the Chief Financial Officer, Principal Accounting Officer, Vice President - Finance oraz Treasurer of Ocean Power Technologies since 2016. There are 7 older and 1 younger executives at Ocean Power Technologies. The oldest executive at Ocean Power Technologies is Steven Fludder, 58, who is the Independent Director.
Matthew's mailing address filed with the SEC is C/O OCEAN POWER TECHNOLOGIES, INC., 28 ENGELHARD DRIVE, SUITE B, MONROE, NJ, 08831.
Over the last 17 years, insiders at Ocean Power Technologies have traded over $2,446,561 worth of Ocean Power Technologies stock and bought 309,999 units worth $250,941 . The most active insiders traders include George W Taylor, Diana G Purcel oraz Philipp Stratmann. On average, Ocean Power Technologies executives and independent directors trade stock every 121 days with the average trade being worth of $3,612. The most recent stock trade was executed by Philipp Stratmann on 22 January 2024, trading 48,529 units of OPTT stock currently worth $8,735.
ocean power technologies (nasdaq:optt) is a pioneer in renewable wave-energy technology that converts ocean wave energy into electricity. opt specializes in advanced autonomous (not grid connected), cost-effective, and environmentally sound ocean wave based power generation and management technology. the powerbuoy system integrates patented technologies in hydrodynamics, electronics, energy conversion, and computer control systems to extract the natural energy in ocean waves. the result is a leading edge, ocean-tested, proprietary autonomous system that turns wave power into reliable, clean, and environmentally beneficial electricity for offshore applications. wave power is abundant in all areas of the world and its harnessing offers a dependable clean source of renewable and cost effective energy. opt’s powerbuoy converts such energy to provide persistent and reliable power generation for marine applications. current solutions for applications that require persistent, long-term operat
Ocean Power Technologies executives and other stock owners filed with the SEC include: