Neal Aronson Biography and Net Worth

Director of Driven Brands

Neal Aronson became a member of our board of directors in December 2020, previously served as a member of the board of managers of Driven Investor LLC, and serves as chairman of our board of directors. Mr. Aronson founded Roark and serves as its Managing Partner, a position he has held since 2001. Prior to founding Roark, Mr. Aronson was Co-Founder and Chief Financial Officer for U.S. Franchise Systems, Inc., or USFS, a franchisor of hotel chains. Prior to USFS, Mr. Aronson was a private equity professional at Rosecliff (a successor company to Acadia Partners), Odyssey Partners and Acadia Partners (now Oak Hill). Mr. Aronson began his career in the corporate finance department at Drexel, Burnham, Lambert Inc. Mr. Aronson received a B.A. from Lehigh University. Mr. Aronson’s experience as a private equity partner, chief financial officer and in other senior executive leadership roles working with franchise companies in the retail, consumer and business services industries, and knowledge of complex financial matters provide him with valuable and relevant experience in franchise administration, strategic planning, corporate finance, financial reporting, mergers and acquisitions and leadership of complex organizations, and provides him with the qualifications and skills to serve as a director.

What is Neal K. Aronson's net worth?: The estimated net worth of Neal K. Aronson is at least $475.99 million as of September 15th, 2022. Mr. Aronson owns 32,758,952 shares of Driven Brands stock worth more than $475,987,573 as of April 18th. This net worth approximation does not reflect any other assets that Mr. Aronson may own. Learn More about Neal K. Aronson's net worth.
How do I contact Neal K. Aronson?: The corporate mailing address for Mr. Aronson and other Driven Brands executives is 440 South Church Street Suite 700, Charlotte NC, 28202. Driven Brands can also be reached via phone at 704-377-8855 and via email at [email protected]. Learn More on Neal K. Aronson's contact information.
Has Neal K. Aronson been buying or selling shares of Driven Brands?: Neal K. Aronson has not been actively trading shares of Driven Brands during the last ninety days. Most recently, Neal K. Aronson sold 7,000,000 shares of the business's stock in a transaction on Thursday, September 15th. The shares were sold at an average price of $32.19, for a transaction totalling $225,330,000.00. Following the completion of the sale, the director now directly owns 32,758,952 shares of the company's stock, valued at $1,054,510,664.88. Learn More on Neal K. Aronson's trading history.
Who are Driven Brands' active insiders?: Driven Brands' insider roster includes Neal Aronson (Director), Kyle Marshall (Insider), Gabriel Mendoza (EVP), and Daniel Rivera (EVP). Learn More on Driven Brands' active insiders.
Are insiders buying or selling shares of Driven Brands?: In the last twelve months, Driven Brands insiders bought shares 2 times. They purchased a total of 46,000 shares worth more than $1,094,840.00. The most recent insider tranaction occured on May, 30th when CEO Jonathan G Fitzpatrick bought 42,000 shares worth more than $997,920.00. Insiders at Driven Brands own 2.6% of the company. Learn More about insider trades at Driven Brands.
Information on this page was last updated on 5/30/2023.

Neal K. Aronson Insider Trading History at Driven Brands

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
9/15/2022	Sell	7,000,000	$32.19	$225,330,000.00	32,758,952
9/8/2021	Sell	881,393	$29.50	$26,001,093.50
8/9/2021	Sell	12,000,000	$29.50	$354,000,000.00

Neal K. Aronson Buying and Selling Activity at Driven Brands

Driven Brands Company Overview

Driven Brands Holdings Inc., together with its subsidiaries, provides automotive services to retail and commercial customers in the United States, Canada, and internationally. It offers various services, such as paint, collision, glass, repair, car wash, oil change, and maintenance services. The company also distributes automotive parts, including radiators, air conditioning components, and exhaust products to automotive repair shops, auto parts stores, body shops, and other auto repair outlets; windshields and glass accessories through a network of distribution centers; and consumable products, such as oil filters and wiper blades, as well as training services to repair and maintenance, and paint and collision shops. It sells its products and services under the CARSTAR, IMO, MAACO, Meineke Car Care Centers, PH Vitres D'Autos, Take 5 Oil Change, Take 5 Car Wash, Auto Glass Now, Fix Auto USA, and 1-800-Radiator & A/C, Spire Supply, and Automotive Training Institute brands. The company was founded in 1972 and is headquartered in Charlotte, North Carolina.

Today's Range

Now: $14.53

$14.46

$14.80

50 Day Range

MA: $14.48

$12.94

$15.79

2 Week Range

Now: $14.53

$10.60

$31.47

Volume

598,449 shs

Average Volume

1,078,673 shs

Market Capitalization

$2.38 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.18

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