---
schema_version: "secwatch.filing_event.v1"
accession: "0001804745-25-000018"
form_type: "8-K/A"
ticker: "DRVN"
cik: "0001804745"
company_name: "Driven Brands Holdings Inc."
filed_at: "2025-03-19T23:59:59+00:00"
generated_at: "2026-05-24T12:02:15.904502+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001804745-25-000018
- form_type: 8-K/A
- ticker: DRVN
- cik: 0001804745
- company_name: Driven Brands Holdings Inc.
- filed_at: 2025-03-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1804745/000180474525000018/0001804745-25-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1804745/000180474525000018/drvn-20250225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001804745-25-000018
- JSON: https://secwatch.observer/filing/0001804745-25-000018.json
- Plain text: https://secwatch.observer/filing/0001804745-25-000018.txt

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