Driven Brands appoints Mo Khalid as COO; Tim Austin succeeds as Take 5 President

Driven Brands Holdings Inc.

Khalid named EVP & COO effective August 25, 2025; previously EVP & President of Take 5.
Khalid's compensation: $575K base salary, annual bonus target 100% of base, equity target 250% of base.
Tim Austin, formerly COO of Take 5, is promoted to President of Take 5.
Under Khalid, Take 5 grew to >1,200 locations by June 28, 2025 with TTM sales >$1.5B.
Khalid re-joined Driven Brands in 2023 after prior role as Meineke COO and senior roles at Great Wolf Resorts.

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