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Retired? News is Mr. Walker

Retired? News is Mr. Walker is working for 1-800-radiator. Look out 1-800-radiator franchisees.

Ken Walker & Meinke

Good riddance. All Meineke can do is advertise cheap oil changes. Meineke is doomed to failure. No growth in the last 22 years. They had 900 plus shops then and still have 945 shops.

Curious?!?!?

It doesn't strike you as odd that Mr. Walker was hanging out with you on the golf course while his franchisees were floundering. Oh wait you weren't a struggling franchisee with one Driven Brands unit so sure he would make time for you. Go play golf, no time for the average franchisee he was responsible for.

Sign of the Times

Comment on Corporate America - Spend your executive time golfing with Subway franchisees attending football bowl games and rubbing elbows with other do nothing corporate heads at conferences pontificating about the franchising world. Then retire after a few years. Ken Walker's legacy - 100s-1,000s of franchisees who sacrificed their retirement savings to buy into "his" companies. Most of whom will now never be able to retire.

Mr. Walker, just every now and then, while you are relaxing on the golf course, think about those of us who will never be able to retire because we bought a franchise under your watch. I can't fathom how you even sleep, resting your head on so many others wasted retirement dollars.

Forced out

You do not retire on one weeks notice.

Wow someone gets it, kind of!

Driven Brands business model is absolute cash flow and they are the collection agent. That is as far as it goes. There is no Franchisee input, interaction or say so. Harvest and Driven absolutely do not care for Franchisee input. Pick whomever as long as they are effective with collections and cash flow. I would venture to guess most Franchisees are saying good riddance Mr. Walker, no way anyone else could be worse.

Keith Miller's picture

Thanks Ken

I have had the pleasure and honor to get to know Ken over the last ten years.  Besides a golfing buddy, Ken was always someone I could contact when I struggled over decisions and knew I would get an honest opinion, not always one that I liked.  It is very easy to describe Ken, a good guy and a class act.  Good luck in retirement, and hit them straight.

Darnelle White's picture

Driven Brands' zee reps should've vetted CEO to minimize risk

Have private equity firm Harvest Partners and franchisor Driven Brands been driven mad? In their move to retire the old CEO and bring in the new, they show a wanton disregard to franchise owners under their various automotive aftermath brands. This is what Harvest and Driven mistakenly did:

  • Franchisee leaders weren't let into the vetting process of the new CEO
  • They told franchise owners, enterprises that are greatly affected by changes within the franchisor, about the change in the franchisor's chief executive at the same time they announced it to the public

Maaco is a chain in which its repair centers are one hundred percent franchisee-owned. Meineke is 98 percent. That means that for all intents and purposes, the franchised establishments are experiencing the day to day demands of running the chain's automotive aftermath business. In other words, Driven Brands cannot afford to have its franchising arm stop or decline, certainly less so than other brands that have huge swaths of company-owned stores.

Does Harvest and Driven understand that should franchise owners not be pleased with the new CEO and his direction that major conflict will break out? If it doesn't understand what that means, it only has to look back a few years to their civil war. Why would Driven and Harvest  risk their investor's money with such a top-down, careless move in appointing its CEO? Talk about the tail wagging the dog.

I'm amazed at how major franchisors and their private investment firms so poorly understand franchising. They treat the franchise chain as if it were their company.

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