FAVO Capital Appoints Gary F. Baumann as Independent Director
FAVO Capital (OTC: FAVO) announced the appointment of Gary F. Baumann, Esq. as an independent director effective October 15, 2025. Mr. Baumann brings 25+ years of legal and governance experience in construction and commercial litigation, including having tried 70+ civil jury cases and advising on major infrastructure projects.
The company said the appointment strengthens board independence, compliance oversight, and long-term strategy as FAVO advances its financial services and real estate platform.
FAVO Capital (OTC: FAVO) ha annunciato la nomina di Gary F. Baumann, Esq. come membro indipendente del consiglio con effetto dal 15 ottobre 2025. Il signor Baumann porta più di 25 anni di esperienza legale e di governance nel settore della costruzione e della contenziosa commerciale, inclusa l'esperienza nel aver presieduto oltre 70 cause civili davanti a giurie e nel fornire consulenza su progetti di infrastrutture di grande livello.
L'azienda ha detto che la nomina rafforza l'indipendenza del consiglio, la supervisione della conformità e la strategia a lungo termine man mano che FAVO avanza la sua piattaforma di servizi finanziari e immobiliare.
FAVO Capital (OTC: FAVO) anunció la designación de Gary F. Baumann, Esq. como director independiente con efecto a partir de 15 de octubre de 2025. El señor Baumann aporta más de 25 años de experiencia legal y de gobernanza en construcción y litigios comerciales, incluyendo haber llevado a juicio más de 70 casos civiles ante jurado y asesorar en proyectos de infraestructura de gran envergadura.
La empresa afirmó que la designación fortalece la independencia de la junta, la supervisión de cumplimiento y la estrategia a largo plazo a medida que FAVO avanza su plataforma de servicios financieros e inmobiliarios.
FAVO Capital (OTC: FAVO)은 독립 이사로의 임명을 2025년 10월 15일부로 발표했습니다. Gary F. Baumann, Esq. 변호사는 건설 및 상업 소송 분야에서 25년 이상의 법률 및 거버넌스 경험을 보유하고 있으며, 70건 이상의 민사 배심원 재판을 수행했고 주요 인프라 프로젝트에 대해 자문한 바 있습니다.
회사 측은 이번 임명이 이사회 독립성, 규정 준수 감독 및 장기 전략을 강화하고 FAVO가 금융 서비스 및 부동산 플랫폼을 발전시키는 데 기여한다고 말했습니다.
FAVO Capital (OTC: FAVO) a annoncé la nomination de Gary F. Baumann, Esq. en tant que administrateur indépendant à compter du 15 octobre 2025. M. Baumann apporte plus de 25 ans d'expérience juridique et de gouvernance dans la construction et les litiges commerciaux, y compris avoir plaidé dans plus de 70 affaires civiles devant un jury et conseillé sur des projets d'infrastructures majeurs.
La société a déclaré que cette nomination renforce l'indépendance du conseil, la supervision de la conformité et la stratégie à long terme à mesure que FAVO fait progresser sa plateforme de services financiers et immobiliers.
FAVO Capital (OTC: FAVO) kündigte die Ernennung von Gary F. Baumann, Esq. als unabhängiges Vorstandsmitglied mit Wirkung zum 15. Oktober 2025 an. Herr Baumann bring mehr als 25 Jahre an juristischer und governance-Erfahrung in Bau- und Wirtschaftsrechten, einschließlich der Leitung von über 70 Zivilprozessen vor Geschworenen sowie der Beratung zu großen Infrastrukturprojekten ein.
Das Unternehmen sagte, die Ernennung stärke die Unabhängigkeit des Vorstands, die Compliance-Überwachung und die langfristige Strategie, während FAVO seine Plattform für Finanzdienstleistungen und Immobilien vorantreibt.
FAVO Capital (OTC: FAVO) أعلنت عن تعيين Gary F. Baumann, Esq. كعضو independent مجلس الإدارة اعتبارًا من 15 أكتوبر 2025. السيد Baumann يجلب أكثر من 25 عامًا من الخبرة القانونية والحوكمة في البناء والخصومات التجارية، بما في ذلك أنه قد قاد أكثر من 70 قضية مدنية أمام هيئة المحلفين وقدم المشورة في مشاريع بنية تحتية كبرى.
قالت الشركة إن هذا التعيين يعزز استقلالية المجلس، والإشراف على الامتثال، والاستراتيجية الطويلة الأجل بينما تتقدم FAVO بمنصة الخدمات المالية والعقارات.
FAVO Capital (OTC: FAVO) 宣布任命 Gary F. Baumann, Esq. 为独立董事，生效日期为 2025年10月15日。Baumann 先生在建筑和商业诉讼领域拥有 超过25年 的法律与治理经验，其中曾主张陪审团审理的 超过70起 民事案件，并就重大基础设施项目提供咨询。
公司表示，此次任命将加强董事会的独立性、合规监督和长期战略，推动 FAVO 的金融服务和房地产平台的发展。
- Appointment effective Oct 15, 2025
- 25+ years of legal and governance experience
- Tried 70+ civil jury cases
- Adds construction, compliance, and risk-management expertise
- None.
Veteran attorney and governance advisor adds depth to FAVO’s board as the company advances its long-term growth strategy
FORT LAUDERDALE, Fla., Oct. 15, 2025 (GLOBE NEWSWIRE) -- via IBN – FAVO Capital Inc. (OTC: FAVO), a diversified financial company operating across two segments — financial services and real estate — today announced the appointment of Gary F. Baumann, Esq., as an independent director of the company’s board of directors.
Mr. Baumann is a seasoned attorney and advisor with more than 25 years of experience spanning construction and commercial litigation. As a founding partner of Baumann, Gant, Keeley & Biondi, P.A., he has advised developers and institutions on major infrastructure projects, providing guidance on compliance, and risk management. Over his career, he has tried more than 70 civil jury cases and earned national recognition for his leadership in construction law.
“Gary’s appointment reflects our ongoing commitment to building a board with the independence, experience, and perspective needed to guide FAVO’s next phase of growth,” said Shaun Quin, President of FAVO Capital. “His deep understanding of construction and commercial law adds significant strength to our oversight and long-term strategy.”
In addition to his professional practice, Mr. Baumann serves on the Board of Directors for Island Dolphin Care, a nonprofit organization supporting children with special needs and wounded veterans. He is a frequent moderator and speaker at national legal and industry conferences, where he has shared insights on ethics, construction law, and corporate governance. Mr. Baumann earned his Juris Doctor (with honors) from Nova Southeastern University and a bachelor’s degree in journalism from West Virginia University.
The appointment underscores FAVO Capital’s focus on strong governance, operational discipline, and long-term value creation as it continues to build a durable platform across financial services and real estate investments.
About FAVO Capital, Inc.
FAVO Capital, Inc. (OTC: FAVO) is a diversified financial company currently operating across two segments: financial services and selective real assets. Through its financial services division, FAVO provides alternative, revenue-based funding solutions to small and mid-sized businesses across the United States. Since inception, the company has supported more than 10,000 businesses through the purchase of future receipts. Complementing its lending platform, FAVO is also building a portfolio of stabilized, cash-flowing real assets that strengthen its balance sheet and broaden its collateral base. Headquartered in Fort Lauderdale, Fla., with operations in Florida, New York, and the Dominican Republic, FAVO Capital is committed to financial transparency, sustainable growth, and long-term value creation for its shareholders.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or the future financial performance of FAVO Capital, Inc. (the “Company”) and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements.
In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expects," "plans," "anticipates," "intends," "believes," "estimates," "projects," "potential," "continues," or similar terminology. These forward-looking statements include, but are not limited to, statements regarding the expected benefits of the website launch, the Company’s upcoming uplisting to Nasdaq, growth strategy, expansion plans, financial performance, and future business prospects.
These forward-looking statements reflect the Company’s current expectations and projections based on information available as of the date of this release and are subject to risks and uncertainties, including but not limited to general economic, financial, and business conditions; the Company’s leadership going forward; changes in market demand; the Company’s ability to successfully execute its strategic initiatives; the Company’s ability to complete complementary acquisitions and dispositions that benefit the Company; the Company’s continued ability to pay operating costs and ability to meet demand for its financial products and services and real estate operations; the Company’s ability to integrate its newly acquired real estate operations with its existing revenue-based funding solutions; competition in the financial services industry and real estate industry; regulatory compliance; and other risks detailed from time to time in the Company’s filings with the OTC Markets, including its most recent Annual Report and subsequent Quarterly Reports.
The Company cautions investors that forward-looking statements are not guarantees of future performance and actual results may differ materially from those projected. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Company Contact:
FAVO Capital, Inc.
4300 N University Drive, D-105
Lauderhill, FL 33351
www.favocapital.com
Investor Contact:
Scott McGowan
InvestorBrandNetwork (IBN)
Phone: 310.299.1717
Email: ir@favocapital.com
FAQ
Who was appointed to FAVO Capital's board on October 15, 2025?
What experience does Gary F. Baumann bring to FAVO (OTC: FAVO)?
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