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FAVO Capital Appoints Dr. Wael Barsoum as Independent Director
Globenewswireยท2025-09-29 12:00

Core Insights - FAVO Capital Inc. has appointed Dr. Wael Barsoum as an independent director to strengthen governance and support its growth strategy [1][3][4] Company Overview - FAVO Capital operates in two core segments: financial services and real estate, providing alternative funding solutions to small and mid-sized businesses across the U.S. [5] - The company has supported over 10,000 businesses through the purchase of future receipts and is building a portfolio of selective real assets to enhance its balance sheet [5] Leadership and Governance - Dr. Wael Barsoum is a recognized healthcare executive with a history of leading complex organizations, including his role as former president and CEO of Cleveland Clinic Florida [2][3] - His appointment is part of FAVO's commitment to building a board with independence and depth to guide the company towards long-term value creation [3][4] - Barsoum has extensive experience in governance, compliance, and organizational transformation, having served on various boards and advisory committees [3]