FAVO Group, LLC as Director of FAVO Capital, Inc. Appoints Vaughan Korte as New CFO
WESTBURY, NY / ACCESSWIRE / October 13, 2021 / FAVO Capital (OTC Pink: FAVO) is pleased to announce the appointment of Vaughan Korte as new CFO replacing Paul Norman.
Mr. Korte is a senior finance professional with over 17 years of experience in the retail and technology industries. He recently spent 10 years at Adidas in various positions and completed his tenure there as Senior Director of Finance for Middle East and North Africa, where he was responsible for all finance department activities in 60 countries. .
Vincent Napolitano, full-time CEO, we acted quickly to secure it.
Vaughan Korte said âIt is an exciting time for FAVO and I am delighted to join the very experienced senior management team. A tremendous amount of work has already been accomplished and I look forward to continuing the execution of the existing business plan and adding value to continued success alongside the rest of the team “
Shaun Quin, President, added, âAs Vincent mentioned, Mr. Korte has been an important advisor to the company for the past two years and I have had the pleasure of working closely with him over the past two years. of the past two months on the internal review of our business processors. , Systems and Infrastructure to support the business on its current growth path. We reviewed our risk management policies, analyzed relationships with our key partners and ultimately incorporated Mr. Korte’s strengths and expertise into our business model to create long-term shareholder value.
Learn more about FAVO Capital, Inc .:
FAVO CAPITAL is a direct financing company, which provides personalized short-term financing to small and medium-sized businesses nationwide. FAVO Realty is a real estate investment company that invests in a diverse portfolio of quality commercial real estate properties across the United States. “FAVO” is “Honeycomb” in Latin – The Honeycomb (Hexagon) is the most efficient form in the universe. FAVO aims to be efficient, flexible and sustainable. www.favocap.com
Learn more about FAVO Group, LLC:
FAVO GROUP, LLC is the external manager of FAVO Capital Inc. (FAVO – OTC Markets). They were founded by a group of capital markets, finance, real estate and business professionals with over 100 years of collective experience and have completed over $ 6 billion in related transactions. www.favocap.com
Email: [email protected]
Phone. : 833.328.6477
Safe Harbor / Forward-looking statements
This press release contains certain forward-looking statements, including, but not limited to, statements, estimates and projections of future trends and anticipated future performance constitute âforward-looking statementsâ within the meaning of Section 27A of the Securities Act of 1933., as amended, including, without limitation, statements regarding expectations, beliefs or future strategies of the series which are signified by the words “expects”, “anticipates”, ” intends to “,” believes “or similar language. These forward-looking statements relate to the operations, economic performance and financial condition of the Company and are largely based on the beliefs and expectations of the Company. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or the results of the industry, to be materially different from the results, performance or achievements. futures expressed or implied by these forward-looking statements. statements. Actual results may differ significantly from expected results. In view of these uncertainties, readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements speak only as of the date of this press release FAVO Capital, Inc. and its management team expressly disclaim any obligation to update these forward-looking statements in this document to reflect any change in its expectations in this regard or any change in the events, conditions or circumstances on which such statement is based or which may affect the likelihood that actual results will differ from those set forth in forward-looking statements, except as specifically required by law or regulation
THE SOURCE: FAVO Group, LLC and FAVO Capital, Inc
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