FDCTech, Inc. announced on September 18, 2026, that its Board of Directors has approved an increase in board size from four to six members. The appointments are conditional and will not become effective until the Company’s common stock is approved for listing on a National Exchange, such as Nasdaq or the New York Stock Exchange.
The new directors are Jeff M. Pies and Dena Lauren Decker. Mr. Pies, age 44, is an independent marketing consultant with experience in corporate restructurings, including serving as lead negotiator for an equity committee in the Chapter 11 case of Fremont General Corporation. Ms. Decker, age 43, is a Certified Public Accountant currently serving as Chief Financial Officer of the Posnack School Network in South Florida.
The Company entered into Board of Directors Agreements with each appointee, which include compensation details. The new directors are set to receive an annual cash fee of $35,000. Additional compensation includes $15,000 per year for each standing committee they chair, a one-time award of $7,500 upon obtaining the NACD Directorship Certification or a comparable credential, and $2,500 annually while that credential is maintained. Reimbursement of expenses is also provided. Compensation is subject to the Company’s clawback policy.
Both appointments are contingent upon the Company obtaining the required directors’ and officers’ liability insurance by October 18, 2026. As of the date of the report, the Company has not yet bound the required insurance. If the listing approval does not occur on or before September 18, 2028, or if the insurance is not secured, the Director Agreements will terminate automatically.
