---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-21-002226"
form_type: "8-K"
ticker: "DRVN"
cik: "0001804745"
company_name: "Driven Brands Holdings Inc."
filed_at: "2021-07-02T23:59:59+00:00"
generated_at: "2026-06-30T07:42:20.133578+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950142-21-002226
- form_type: 8-K
- ticker: DRVN
- cik: 0001804745
- company_name: Driven Brands Holdings Inc.
- filed_at: 2021-07-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804745/000095014221002226/0000950142-21-002226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804745/000095014221002226/eh210165720_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-21-002226
- JSON: https://secwatch.observer/filing/0000950142-21-002226.json
- Plain text: https://secwatch.observer/filing/0000950142-21-002226.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1804745/000095014221002226/0000950142-21-002226-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.