Firm appoints new CEO

CLEARWATER — Business brokerage firm Murphy Business and Financial Corp. has appointed Tom Coba as the firm's new CEO.

Coba has more than 30 years of franchise industry experience. He replaces Roger Murphy, the company's founder, president and CEO, who died three months ago.

In his new role, Coba will lead the firm's strategic growth, franchisee support, marketing programs and development of brokerage services.

In a statement, Mason Myers, acting CEO and principal of Greybull Stewardship, the majority owner of Murphy Business and Financial Corp., says, “Tom's experience in leading, building excellent organizations to serve franchisees, and creating significant value in franchise brands is an asset to the MB&FC family and we're excited about what the future holds for us.”

Murphy Business and Financial Corp. has more than 180 offices in the U.S. and Canada, according to a press release. The firm facilitates business sales, purchases, consulting, valuations, mergers and acquisitions.