FAVO Capital, Inc. announced the appointment of Vaughan Korte as its new Chief Financial Officer replacing Paul Norman. Mr. Korte is a Senior Finance Professional with over 17 years' experience within the retail and technology sectors. He most recently spent 10 years with Adidas in various roles and ended his time there as Senior Director of Finance for Middle East and North Africa, where he was responsible for all Financial Department activities across 60 countries.