Driven Brands appoints Daniel Rivera as CEO effective May 9, 2025

Driven Brands Holdings Inc.

Daniel Rivera named CEO effective May 9, 2025, succeeding prior leadership.
Base salary of $800,000, target cash bonus of 150% of salary, equity target of 400% of salary.
Supplemental equity award of $500,000; awards split 33% RSUs and 67% performance-based PSUs.
Severance: 18 months salary continuation if terminated without cause or resigns for good reason.
Board approved compensation arrangement on March 13, 2025.

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