secwatch.observer — SEC 8-K summary
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Issuer:     Driven Brands Holdings Inc. (DRVN)
CIK:        0001804745
Form:       8-K
Filed at:   2025-08-25T23:59:59+00:00
Accession:  0001804745-25-000077
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1804745/000180474525000077/0001804745-25-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1804745/000180474525000077/drvn-20250825.htm
  HTML page:      https://secwatch.observer/filing/0001804745-25-000077

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer