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FAVO Capital Executive Appointments FAQ

FaqStaq News - Just the FAQs August 27, 2025
By FAQstaq Staff
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FAVO Capital Executive Appointments FAQ

Summary

FAVO Capital has appointed Katy Murless as CFO and Vaughan Korte as COO to strengthen its executive team and position the company for its next phase of growth. These appointments bring significant financial, investment, and operational expertise to support the company's diversified financial services and real estate operations.

What is the main announcement in this press release?

FAVO Capital has appointed Katy Murless as Chief Financial Officer (CFO) and Vaughan Korte as Chief Operating Officer (COO) to strengthen its executive leadership team.

Why are these executive appointments significant for FAVO Capital?

President Shaun Quin stated that these leadership moves position the company for its next phase of growth, leveraging Murless’ financial expertise and Korte’s extensive operational experience.

What experience does Katy Murless bring to her new role as CFO?

Katy Murless, CFA, brings more than a decade of financial and investment management leadership experience to her role as CFO.

What background does Vaughan Korte have for his COO position?

Vaughan Korte has over 17 years of finance and business experience, including previously serving as CFO at FAVO and holding senior roles with adidas across 60 countries.

What type of company is FAVO Capital and what does it do?

FAVO Capital is a diversified financial company operating in financial services and income-producing real estate, providing alternative revenue-based funding to small and mid-sized businesses while building a portfolio of cash-flowing real estate assets.

Where is FAVO Capital headquartered and where does it operate?

FAVO Capital is headquartered in Fort Lauderdale, Florida, with operations in Florida, New York, and the Dominican Republic.

How many businesses has FAVO Capital supported through its financial services?

Since inception, FAVO Capital has supported more than 10,000 businesses through the purchase of future receipts via its financial services division.

Where can investors find the latest news and updates about FAVO Capital?

The latest news and updates relating to FAVO are available in the company’s newsroom at https://ibn.fm/FAVO.

What is the stock symbol for FAVO Capital and where is it traded?

FAVO Capital trades under the stock symbol FAVO on the OTC (Over-The-Counter) market.

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