With appointment of Chatigny, Ocean Power will have three independent committee members as per the Nasdaq rules.

Draper also served as the chief executive and director of the company’s wholly-owned European subsidiary, Ocean Power Technologies Limited, since September 2004.

Prior to joining Ocean Power in 2004, Draper’s career encompassed a broad range of managerial and engineering roles at Powergen plc. Draper’s recent position at Powergen includes managing director of the Generation Business, with direct responsibility for nine major power stations (9,000 megawatts of capacity), a combined heat and power business, the technology division, and the company’s renewable energy business. He was involved in establishing and managing the growth of Powergen’s renewable generation activities, including on-shore and off-shore wind power stations.

Draper received a master’s degree in mechanical and electrical engineering from Cambridge University (UK). He has attended management training programs at Wharton and Harvard Business schools. Previously, Draper served as non-executive director for Slough Heat and Power Ltd and serves as Non-Executive Director for Renewable Power and Light plc. He is a fellow of both the Institute of Mechanical Engineers and the Institute of Electrical Engineers.

Chatigny was responsible to lead one of Measurement Specialties’ sensors business groups having a wide international customer base in both industrial and government sectors, and manufacturing plants in the US, China, and Europe. Prior to begin work at Measurement Specialties in 1998, Chatigny served as a director of the sensors business unit of AMP Incorporated from 1993 to 1998. He also served as senior manager of the Piezo Film Sensors group at Pennwalt Corporation from 1978 to 1993, and before that he worked at Corning Incorporated.

Chatigny received a masters of business administration degree from The American University, and a master of science degree in industrial management and bachelor of science degree in industrial engineering management from Clarkson University.