AppTech Payments announced that Albert L. Lord has been appointed Executive Chairman of the company, effective May 4, 2026, expanding his role from his previous position as Chairman of the Board of Directors.
Under the expanded leadership structure, Lord will work closely with Chief Executive Officer Thomas DeRosa, who will continue serving as CEO and report to the full board.
The company also announced the appointment of Robert L. Lipstein to its Board of Directors. Lipstein previously spent his career at KPMG, where he served as Global Sarbanes-Oxley Leader. He currently serves on several corporate boards, including two banking companies.
AppTech additionally disclosed that the board approved employment agreements through 2027 for CEO Thomas DeRosa and Chief Operating Officer Anthony Shall.
AppTech Payments provides digital financial services infrastructure and cloud-based payment platforms serving financial institutions, enterprises, small and midsized businesses, and consumers.
The company trades on the OTCQB market under the ticker symbol APCX and is headquartered in Carlsbad, California.
