Straightaway Tire Names New CEO

O2 Investment Partners, the owner of Straightaway Tire & Auto, has hired John Teddy to be Straightaway Tire's new CEO.

Teddy joins the company "with over 15 years of experience at industry-leading consumer retail and services brands," according to a statement from O2 Investment Partners.

Most recently, he served as president of Take 5 Car Wash, a division of Driven Brands.

O2 Investment Partners' Joe Vallee says Teddy "is a proven leader with considerable experience scaling auto service businesses and will be instrumental to our next phase of growth."

There are more than 50 locations under the Straightaway Tire banner.