Driven Brands Holdings (DRVN) has shared an announcement.
Gary W. Ferrera is stepping down as the Executive Vice President and Chief Financial Officer of his company to join a private firm, with no disputes over company practices, remaining until the quarterly report is filed. He’ll offer transition services for six months, without repaying his sign-on bonus. Michael Beland steps in as the principal financial officer and Joel Arnao as interim CFO, both seasoned professionals with extensive backgrounds in finance and no conflicts of interest. The company is actively seeking a permanent CFO replacement.
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