1.0
26 May 2024
Current employee
Charlotte, NC
Recommend
CEO approval
Business outlook
Pros
Higher starting salary than most
Cons
Company went public in 2021 and it has struggled ever since. Equity in the company is worthless because the stock price keeps tumbling. In about a year, half of senior management has turned over. There have been 2 CFO transitions in less than 1 year. Driven Brands heavily invested ~1.2B in various businesses (Car Washes and Glass) and the Executive VP who led the efforts exited right before the company went down hill. Also, the company sets unrealistic bonus targets and the bottom out is at 95% of the target. Thus, don't expect to get a bonus.