Driven Brands creates COO role, appoints Rivera effective Feb 20; Khalid returns as Maintenance President.

Driven Brands Holdings Inc.

Danny Rivera promoted to new COO role effective Feb 20, 2023; oversaw Take 5 Oil Change growth to 800+ locations.
Rivera to receive $575k base salary, 100% target annual bonus, and 125% of total cash compensation in equity.
Mo Khalid rejoins as EVP & Group President, Maintenance, succeeding Rivera; previously SVP at Great Wolf Resorts.
Khalid earlier served as Meineke COO at Driven Brands; Rivera had been EVP & Group President since Dec 2019.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Daniel Rivera

Executive Vice President and Chief Operating Officer

DRVN · Driven Brands Holdings Inc.

Effective: 2023-02-20
Filed: January 26, 2023, 6:59 PM ET

Driven Brands Holdings Inc. (the “Company”) announced on January 26, 2023, that it had elected Daniel Rivera, age 43, as its Executive Vice President and Chief Operating Officer (“COO”) effective February 20, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Daniel Rivera was elected as Executive Vice President and Chief Operating Officer at Driven Brands Holdings Inc..

Action: elected
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

Driven Brands Holdings Inc. (the “Company”) announced on January 26, 2023, that it had elected Daniel Rivera, age 43, as its Executive Vice President and Chief Operating Officer (“COO”) effective February 20, 2023.

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Driven Brands Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-015745

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