UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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CURRENT REPORT
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Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.
Termination of Employment - Chief Financial Officer and Treasurer
On July 27, 2023, Gary Wachs employment with and service as Chief Financial Officer and Treasurer of AppTech Payments Corp. (the “Company”) was terminated.
Resignation of Director
On July 27, 2023, Gary Wachs resigned as a member of the Company’s Board of Directors, effective immediately. The resignation of Mr. Wachs was not due to a disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Appointment of Chief Financial Officer and Treasurer
On July 27, 2023, the Company’s Board of Directors appointed Meilin Yu “Julia” to serve as Chief Financial Officer and Treasurer of the Company. In this capacity, Ms. Yu will serve as the Company’s principal financial and accounting officer.
Ms. Yu, age 52, has served as the Company’s Senior Vice President of Corporate Finance and Accounting since April 2022. Ms. Yu brings to AppTech over 20 years of finance, accounting, auditing, compliance, SEC reporting, mergers & acquisitions, and business reorganization experience from various publicly traded companies. Most recently, Ms. Yu served as Director of Finance for Caladrius Bioscience, where she played an essential role in all aspects of the Company’s accounting, reporting, and financing functions. Previously, she held senior finance, accounting, and management roles at global companies, including Unilever and Exxon Mobil.
Ms. Yu is a Certified Public Accountant, Certified Internal Auditor, Chartered Global Management Accountant, Six-Sigma black-belt certified, and has an MBA from Webster University.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| APPTECH PAYMENTS CORP. | ||
| Date: August 1, 2023 | By: | /s/ Luke D’Angelo |
| Luke D’Angelo | ||
| Chief Executive Officer | ||
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