FAVO Capital Appoints New CFO and COO to Drive Next Growth Phase

FAVO Capital (OTC: FAVO) has announced strategic executive appointments with Katy Murless, CFA, joining as chief financial officer and Vaughan Korte assuming the role of chief operating officer. President Shaun Quin emphasized that these leadership changes are designed to position the company for its next phase of growth, leveraging Murless' financial and investment expertise alongside Korte's extensive operational experience.

Murless brings more than a decade of financial and investment management leadership to her new role as CFO, bringing sophisticated financial oversight to the company's diversified operations. Korte, who previously served as CFO, contributes over 17 years of finance and business experience, including senior roles with global sportswear company adidas across 60 countries, providing valuable international operational perspective.

The executive appointments come as FAVO Capital continues to expand its operations across financial services and income-producing real estate segments. Through its financial services division, the company provides alternative, revenue-based funding solutions to small and mid-sized businesses nationwide, having supported more than 10,000 businesses since inception through the purchase of future receipts. Additional information about the company's operations is available at https://ibn.fm/FAVO.

Complementing its lending platform, FAVO is building a portfolio of stabilized, cash-flowing real estate assets that strengthen its balance sheet and broaden its collateral base. The company maintains operations in Florida, New York, and the Dominican Republic, with headquarters in Fort Lauderdale, Florida. The full details of the executive appointments can be found in the official press release at https://ibn.fm/TJ6gv.

These leadership enhancements reflect FAVO Capital's commitment to financial transparency, sustainable growth, and long-term value creation for shareholders. The combination of Murless' financial acumen and Korte's operational expertise provides the company with strengthened capabilities to navigate complex market conditions while pursuing strategic expansion opportunities across its diversified business segments.