OPT adds new board director
- Business & Finance
US-based wave energy company Ocean Power Technologies (OPT) has elected Kristine Moore as the newest member of its board of directors.
Moore brings over 25 years of international senior executive experience to OPT, having served in leadership roles with Royal Dutch Shell and IBM.
The new member of the board Moore boasts operational experience which spans across established and emerging markets in the Americas, Europe, Africa and Southeast Asia.
Terence Cryan, Chairman of the Board of OPT, said: “The board was very deliberate in this search process to locate a candidate with the depth and breadth of experience needed to round out the credentials, skillset, and experiences of the Board members. We will benefit from Kristine’s strong leadership skills and considerable business experiences, including specific expertise in offshore oil & gas, which expands our board’s collective capabilities.”
OPT has developed the PowerBuoy device which uses ocean waves to provide clean electric power and real-time data communications for remote offshore applications in markets such as oil and gas, defense and security, science and research, and communications.