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✉news EnvironmentOceans first seen 5 h ago, last 1 h ago, peak #19

Ocean Power Technologies pays interim CFO $30,000 a month

Original: An interim CFO gets $30,000 a month while Ocean Power Technologies (OPTT) searches for a permanent CFO.

Ocean Power Technologies is paying its interim chief financial officer $30,000 a month while the company searches for a permanent CFO. The compensation arrangement comes as the wave energy company works to fill the senior finance role. The pay figure is drawing attention from investors tracking executive costs at the small-cap firm.

Why now: Investors are watching executive compensation and leadership stability at the small-cap renewable energy company.

Ocean Power TechnologiesOPTT

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