Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Agreements of Certain Officers

On January 14, 2020, Ipsidy Inc. (the "Company") appointed Phillip L. Kumnick, a director of the Company, as Deputy Chairman of the Company, and Thomas Szoke was appointed as Chief Operating Officer of the Company. Mr. Szoke previously served as the Chief Technology Officer of the Company and continues to serve as a director of the Company. Christopher White was appointed as Chief Technology Officer of the Company.

Chris White, 47, joined the Company in 2018, initially as Director Dev-Ops, and was promoted to SVP Engineering in February 2019. In those roles he was responsible for the Company's payments and mobile solutions application development. Prior to joining Ipsidy from 2016 to 2018, Mr. White served as Software Engineering Director at NCR Corporation and was responsible for development and maintenance of retail location management and point-of-sale systems for the petroleum industry. From 2015 to 2016 he was Director, Software Device & Tools at Verifone responsible for SDK's, which were used by internal and third-party developers to develop software on Verifone devices. Prior to joining Verifone, Chris White was at Ingenico from 2011 to 2015, rising to VP of Core Engineering, where he was responsible for North American payment systems. Mr. White is a veteran of the United States Marine Corps in which he served honorably from 1991-1996 and received multiple certifications in electronics.

There is no understanding or arrangement between Mr. White and any other person pursuant to which Mr. White was appointed as an officer of the Company. Mr. White does not have any family relationship with any director, executive officer or person nominated or chosen by us to become a director or an executive officer. Mr. Kumnick has not had direct or indirect material interest in any transaction or proposed transaction, in which the Company was or is a proposed participant exceeding $120,000.

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