Driven Brands Appoints Mo Khalid as Chief Operating Officer, Tim Austin Succeeds Him as President of Take 5

Driven Brands has appointed Mo Khalid as Executive Vice President and Chief Operating Officer, previously President of Take 5 Oil Change. Khalid will help drive operational rigor across all of Driven Brands. Tim Austin, current Chief Operating Officer of Take 5, will succeed Khalid as President of Take 5. Khalid has a proven track record of success, growing Take 5 to over 1,200 locations and system-wide sales exceeding $1.5 billion.

Charlotte, NC — Driven Brands Holdings Inc. (NASDAQ: DRVN), the largest automotive services company in North America, has appointed Mo Khalid as Executive Vice President and Chief Operating Officer (COO). Khalid previously served as Executive Vice President and President of Take 5 Oil Change. The appointment was announced by Driven Brands' Board of Directors on August 25, 2025 [1].

Mo Khalid brings a wealth of experience to his new role. He has a proven track record of success, having grown Take 5 to over 1,200 locations and system-wide sales exceeding $1.5 billion as of June 28, 2025 [1]. Prior to his appointment, Khalid re-joined Driven Brands in 2023 as Group President of the Maintenance Segment, which included Take 5 Oil Change and Meineke. He previously held senior operating roles at Great Wolf Resorts, Starwood Hotels & Resorts, Burger King, Deutsche Bank, and J.P. Morgan Chase. Khalid holds a B.S. in Finance from Rutgers Business School and an MBA from Columbia Business School [1].

In his new role, Khalid will help drive operational rigor across all of Driven Brands. Tim Austin, the current COO of Take 5, will succeed Khalid as President of Take 5. Austin joined Driven Brands in 2024 as President of Take 5 Car Wash and transitioned to COO following the sale of the U.S. Car Wash business in April 2025. He previously served as President and COO of Lucid Hearing and held leadership roles at Sears Holdings and Walmart [1].

Driven Brands, headquartered in Charlotte, NC, provides a range of consumer and commercial automotive services, including paint, collision, glass, vehicle repair, oil change, maintenance, and car wash. The company operates approximately 4,800 locations across the United States and 13 other countries, and services tens of millions of vehicles annually. Driven Brands' network generates approximately $2.0 billion in annual revenue from approximately $6.2 billion in system-wide sales [1].

The appointment of Mo Khalid as COO reflects Driven Brands' commitment to operational excellence and growth. The company's forward-looking statements highlight potential risks and uncertainties, including geopolitical environment impacts, integration risks, and competitive pressures [1].

References:
[1] https://www.businesswire.com/news/home/20250825013149/en/Driven-Brands-Announces-Chief-Operating-Officer-Appointment