FAVO Capital (OTC: FAVO), a diversified financial company operating in financial services and income-producing real estate, has strengthened its executive leadership with the appointments of Katy Murless as chief financial officer and Vaughan Korte as chief operating officer. President Shaun Quin stated these strategic moves position the company for its next phase of growth, leveraging Murless' financial expertise and Korte's operational experience.
Murless brings more than a decade of financial and investment management leadership to her new role as CFO, bringing significant expertise to FAVO's financial operations. Korte, who previously served as CFO, transitions to COO with over 17 years of finance and business experience, including senior roles with adidas across 60 countries, providing substantial international operational knowledge.
The leadership changes come as FAVO Capital continues to operate across two primary business segments: financial services and income-producing real estate. Through its financial services division, the company provides alternative, revenue-based funding solutions to small and mid-sized businesses across the United States. Since inception, FAVO has supported more than 10,000 businesses through the purchase of future receipts, demonstrating its significant market presence.
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. Additional company information is available at https://ibn.fm/FAVO.
These executive appointments signal FAVO's commitment to financial transparency, sustainable growth, and long-term value creation for its shareholders. The combination of Murless' financial acumen and Korte's extensive operational background positions the company to enhance both its financial services offerings and real estate portfolio management. The full press release detailing these appointments can be accessed at https://ibn.fm/TJ6gv.
