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Driven Brands Announces Chief Operating Officer Appointment
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) today announced that its Board of Directors
About this update from Driven Brands Holdings Inc.
[{"type":"text","content":" CHARLOTTE, N.C.--(BUSINESS WIRE)--\nDriven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) today announced that its Board of Directors has appointed Mo Khalid as Executive Vice President and Chief Operating Officer of Driven Brands. Khalid currently serves as Executive Vice President and President of Take 5. Tim Austin, Chief Operating Officer of Take 5, will succeed Khalid as the President of Take 5.\n\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250825013149/en/Mo Khalid, Chief Operating Officer, Driven Brands\n“Mo is an exceptional leader with a proven track record of success,” said Danny Rivera, President and Chief Executive Officer. “As President of Take 5, he helped grow the business to more than 1,200 locations as of June 28, 2025, and system-wide sales exceeding $1.5 billion on a trailing twelve-month basis. He strengthened operations, built a highly capable team, and delivered results through analytical rigor and a disciplined focus on execution. In his new role, Mo will help drive that same operational rigor across all of Driven Brands.”\n\n\nKhalid re-joined Driven Brands in 2023 as Group President of the Maintenance Segment, which at the time included Take 5 Oil Change and Meineke. He previously served as Chief Operating Officer of Meineke from 2016 to 2017. From 2017 to 2023, he held senior operating roles at Great Wolf Resorts, ultimately serving as Senior Vice President of Field Operations. Earlier in his career, he held leadership positions at Starwood Hotels & Resorts, Burger King, Deutsche Bank, and J.P. Morgan Chase. He holds a B.S. in Finance from Rutgers Business School and an MBA from Columbia Business School.\n\n\n“I am honored to be appointed Chief Operating Officer of Driven Brands,” said Mo Khalid. “I look forward to working with our employees and franchisees to enhance data-driven decisions, operate methodically, and expand margins across all of our brands, while continuing to support Tim and the Take 5 team in delivering exceptional growth and execution.”\n\n\nAustin joined Driven Brands in 2024 as President of Take 5 Car Wash. Following the sale of the U.S. Car Wash business in April 2025, he transitioned to Chief Operating Officer of Take 5. Before joining Driven Brands, he served as President and Chief Operatin...