Driven Brands Holdings Inc. announced the appointment of Mo Khalid as Executive Vice President and Chief Operating Officer. Khalid previously served as Executive Vice President and President of the Take 5 segment, where he demonstrated a strong track record of success.
During his tenure as President of Take 5, Khalid was instrumental in growing the business to over 1,200 locations and achieving system-wide sales exceeding $1.5 billion on a trailing twelve-month basis. His leadership focused on strengthening operations and delivering results through analytical rigor.
Tim Austin, who served as Chief Operating Officer of Take 5, will succeed Mo Khalid as the President of Take 5. This executive transition aims to extend Khalid's operational rigor and data-driven decision-making across all of Driven Brands' segments, enhancing overall company performance and margin expansion.
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