Pros
Used to have good people. Not anymore Used to have good leadership. Not anymore Used to retain talent. Not anymore Used to care about the bottom line. Not anymore
Cons
Do you have long term career goals? Do not come here. Exeter laid off all the associates that created this company. They closed 40 branches and laid off several hundred employees (and still counting). They slashed EVERYONE's pay and cut bonuses. We all understand the company was in financial trouble, but the communication has been that they do not care who stays or who goes. They set new salaries that are not close to the industry standard and have resorted to hiring associates with no knowledge or background in this market. The new CEO, Tom Anderson, has not only proven he does not care for his employees (see comments on this website), he also does not have a auto history to support the extremely poor choices he has made. Anyone can see his linkedin profile and his random history as a ship sinker/turn around specialist. Exeter brand now means nothing to dealers, customers and employees. What used to be a blip on the radar to many larger lenders, is now a joke in the auto finance community. Dealers have given up and most auto employees know to stay away. Save yourself the hassle of looking for another job by December and just look for a career with a reputable company. In this area, you have many choices. Everyone at Exeter is looking for another job. All the executives have left including the founders, EVP's, head of HR and all the VP's, here's your sign!
