Driven Brands appoints Michael Beland as SVP & Chief Accounting Officer, effective July 12, 2021

Driven Brands Holdings Inc.

Michael Beland, age 50, appointed SVP and CAO; previously Corporate Controller at Cree, Inc. (2017-2021).
Annual base salary of $250,000; target cash bonus of 75% of base; equity target 50% of base.
Receives $75,000 sign-on bonus (repayable if resigns within 24 months) and up to $35,000 relocation assistance.

item 5.02

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Appointed

Michael Beland

Senior Vice President and Chief Accounting Officer

DRVN · Driven Brands Holdings Inc.

Effective: 2021-07-12
Filed: July 2, 2021, 7:59 PM ET

On July 2, 2021, the Board of Directors (the “Board”) of Driven Brands Holdings Inc. (the “Company”) elected Michael Beland to the role of Senior Vice President and Chief Accounting Officer of the Company, effective upon commencement of his employment with the Company on or about July 12, 2021.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Beland was elected as Senior Vice President and Chief Accounting Officer at Driven Brands Holdings Inc..

Action: elected
Role: Senior Vice President and Chief Accounting Officer

Exact text from the filing

On July 2, 2021, the Board of Directors (the “Board”) of Driven Brands Holdings Inc. (the “Company”) elected Michael Beland to the role of Senior Vice President and Chief Accounting Officer of the Company, effective upon commencement of his employment with the Company on or about July 12, 2021.

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Source: SEC EDGAR

accession 0000950142-21-002226

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