“We thank Bob Gilligan for his leadership and valuable contributions to Drive,” said John Compton, chairman of the board of directors. “We are confident that Bob Size will lead Drive into a phase of further growth and customer satisfaction.”
Size comes to Drive after serving in various executive leadership roles at Dentsply Sirona Inc., the world’s largest supplier of dental materials and equipment, over the past 15 years. With Dentsply Sirona, Size had enterprise-wide executive and operating responsibilities, as well as responsibilities over both manufacturing operations and sales organizations located in the United States and Europe. Before joining Dentsply, Size served as Chief Executive Officer and President of Superior MicroPowders following a 16- year career with the Cookson Group PLC, where he held various cross-functional and international leadership positions.
“I am incredibly excited to assume this role and for the future of the company,” said Size. “I look forward to working with the team at Drive, building upon the company’s almost 20-year history of delivering great products and experiences for customers.”
Drive recently received $35 million in new capital coupled with a reduction in cash debt service obligations from its current lenders of approximately $100 million over the next two and a half years.