Sarasota-based physical therapy franchise names new CEO

A Sarasota-headquartered physical therapy franchise with more than 600 locations nationwide has appointed a new chief executive officer. In the role, Wayne Cavanaugh will lead Fyzical Therapy & Balance Centers into its next phase of growth, according to a statement.

Cavanaugh was most recently the CEO of Family Care Center, a Colorado-based behavioral health provider with more than 40 locations across four states. The company saw a tenfold increase in organic growth during his time there, from 2021 to 2025, according to the statement.

In addition, Cavanaugh has served as a CEO, advisor, investor, board member and operating partner in a number of other health care and wellness companies, the statement says.

Fyzical Therapy & Balance Centers provides individualized care plans for those experiencing muscle, joint and neurological conditions, including balance and vestibular issues. The company was founded in 2012 and began franchising in 2013…

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