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Investing.com -- Driven Brands Holdings Inc., also known as Driven Brands, has announced that the company’s Board of Directors has appointed Daniel Rivera, the current Chief Operating Officer, as the new President and Chief Executive Officer. Rivera’s appointment will be effective from May 9, 2025, and he will also join the Board.
Jonathan Fitzpatrick, who has been serving as Driven Brands’ President and CEO since 2012, informed the Board on February 24, 2025, that he plans to step down from his role on May 9, 2025. Fitzpatrick will remain on the Board and take on the role of Non-Executive Chair of the Board from May 9, 2025. He has also agreed to act as a senior advisor for the rest of 2025, working closely with Rivera to ensure a smooth transition. Neal Aronson, the current Chairman of the Board, will continue to serve as a director.
Rivera joined Driven Brands as the Chief Information Officer in October 2012. He has held positions with increasing responsibility over the years, including Meineke Brand President; President of Take 5 Oil Change; Group President of the Maintenance segment; and, most recently, as Chief Operating Officer overseeing all of the Company’s business segments. Before joining Driven Brands, Rivera held leadership roles at AutoNation (NYSE:AN), Burger King Corporation, and General Electric (NYSE:GE).
Rivera’s appointment is the result of a meticulous and comprehensive multi-year succession planning process, led by the Board’s Nominating & Corporate Governance Committee. Peter Swinburn, Chair of the Board’s Nominating & Corporate Governance Committee, praised Rivera’s impressive impact on Driven Brands, highlighting his strong, focused leadership and industry perspective.
Rivera expressed his honor at being appointed the next CEO of Driven Brands. He stated that he was inspired by the talented team, leading brands, loyal customers, and the strength of the platform when he joined the company 12 years ago. He mentioned his conviction in the business and the opportunities that lie ahead has only grown since then. Rivera is looking forward to continuing to build on the company’s momentum and drive profitable growth.
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