Driven Brands Appoints New Executive Vice President and CFO

Aug. 2, 2024
Michael Diamond has been named for the new role, and brings financial and multi-unit experience.

Driven Brands has named Michael Diamond as its newest executive vice president and chief financial officer in a recent press release.

Diamond brings financial and multi-unit experience, having most recently served as CFO of The Michaels Companies and, prior to that, held senior finance leadership roles for six years at Yum! Brands and became CFO of Pizza Hut, U.S.

With Diamond’s new position taking effect Aug. 9, he will take the place of Interim Chief Financial Officer Joel Arnao, who was put into the role this past May. Arnao will continue his work as senior vice president of FP&A, investor relations, and treasury.

“We are very excited to welcome Mike to the Driven team, and I look forward to partnering with him as we maintain our focus on delivering results,” said Driven Brands President and CEO Jonathan Fitzpatrick.  “Mike is a proven leader who brings deep experience leading financial teams, a strong track record of successfully driving growth strategies, and M&A expertise.”

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